Legal Templates » employee share option plan Articles tagged: employee share option plan Subscribe Submit an article What’s an ESOP and why might I need one? An Employee Share Option Plan (ESOP) is a scheme that sets out the framework under which share options go to its employees. It’s a common mechanism to incentivise employees. Will Elton | 25/01/2021 Like what you just read? Subscribe to our newsletter and be the first to hear of the latest Zegal happenings, tips and insights! Please leave this field empty.