You’re in control and can take them back if the award criteria aren’t met
If circumstances change or the recipient doesn’t meet your award criteria you can always cancel the growth shares and we’ll just convert the allocated shares into worthless deferred shares.
Once you’re happy the award criteria have been met you make the growth shares ‘unconditional’ and they will now be dividend yielding.
Give Vestd a try!
Vestd is the UK’s first share scheme management platform for SMEs.
It is the easiest, simplest and most cost effective way to create an EMI share scheme for your business.
I felt immediately reassured that the Vestd experts could help us restructure things in a fair and efficient way, with an eye on the future.