Notice of Exercise of Option - EMI Scheme
This Notice of Exercise of Option - EMI Scheme is a form of notice for the exercise of an EMI Option. It is a simple form of notice designed to be signed by the relevant employee and lodged with the company when the employee wishes to exercise his/her option(s).
This notice is designed to be used in conjunction with our Share Option Agreement – EMI Scheme, which under clause 3 requires a formal notice to be sent to the company before the option can be exercised.
This template notice may be adapted to be used in conjunction with other share option arrangements by deleting the references to an EMI Scheme.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.
This Notice of Exercise of Option - EMI Scheme is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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