VSOPs – the End of Bad Leaver Clauses in Germany?

Virtual Stock Option Plans (VSOPs) are a common tool used by companies to incentivize employees by linking part of their compensation to the company’s long-term success. Unlike traditional stock options, VSOPs do not grant actual shares but provide a financial benefit if the company achieves specific milestones, such as a sale or an IPO. These plans typically include a “vesting period”, during which employees “earn” their options staggered over time. The goal is to reward loyalty and performance...
By: King & Spalding

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