Enterprise Management Incentive (EMI) share option agreement pack: conditional on exit

This is a pack containing all the documents you need to set up completely an Enterprise Management Incentive (EMI) share option scheme with one or more employees. The triggering condition for the options is the sale of the company.
Suitable for use in: England & Wales and Scotland
£58.80 inc VAT ( £49 ex VAT )
  • Solicitor approved
  • Plain English makes editing easy
  • Guidance notes included
  • Money back guarantee
Why from us
Ask a question
Customer reviews

About this document

These are all the documents required to create an Enterprise Management Incentive share option scheme.

EMI schemes are designed to help companies recruit and retain high quality employees who have the skills necessary to grow the business. They are frequently used by start-ups who might otherwise be perceived as risky to join to the career path of an experienced professional, and by established companies who wish to retain key staff in a tax advantaged way without giving the rights of control of the company that attach to shares. More information can be found here.

This pack is based around an exit-based option agreement, where the company wants the employee only to be able to buy the shares during or following a sale of a controlling interest in the company.

We also offer a pack based on a standard EMI option agreement without a specific trigger.


  • EMI share option agreement: conditional on exit
  • Directors' board minutes to approve the scheme
  • Request letter for share valuation
  • Form providing notice of the scheme to HMRC
  • Plain English notes to guide you in editing the documents to suit your requirements precisely

This document has been drawn by James Hunt, unconnected with Net Lawman. James Hunt will welcome your contact for further legal help. There may be a charge for James Hunt services.

What Our Clients Say
  • "I have used you in the past and am always impressed!"

    Diane Bantten (Acquit Debt Recovery)
  • "A great site for small business owners. I have required two documents and you have been able to provide both at a modest cost. Both documents have met with my requirements and saved me on legal fees. Keep up the good work."

    Warren Brogden
  • "We were very happy with the documents!"

    Sunexpress Transport Solutions