SIP trust deed


Produced in partnership with Jonathan Fletcher Rogers of Addleshaw Goddard
Precedents

SIP trust deed


Produced in partnership with Jonathan Fletcher Rogers of Addleshaw Goddard

Precedents
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FORTHCOMING CHANGE: Following its announcement as part of the Spring Budget on 15 March 2023, HMRC published a call for evidence on how to improve and simplify non-discretionary tax-advantaged Save As You Earn (SAYE) and Share Incentive Plan (SIP) schemes on 5 June 2023. The call for evidence focused on the effectiveness and suitability of SAYE and SIP, participation levels in the schemes, their flexibility and ease of operation and administration, whether the schemes are appropriately targeted to incentivise share ownership amongst those on lower incomes, and how other performance incentives compare to SAYE and SIP. The call for evidence closed on 25 August 2023, and the government’s response is awaited. For further details, see: Share Incentives weekly highlights—8 June 2023.

[insert name of company]

Trust deed

[insert name of company] Share Incentive Plan

This Deed is made on

BETWEEN

  1. 1

    [INSERT NAME OF COMPANY], a company registered in England and Wales under number [insert company number] (the Company) whose Registered office is at [insert address of company];

  1. 2

    [INSERT NAME OF TRUSTEE],

Jonathan Fletcher Rogers
Jonathan Fletcher Rogers

Addleshaw Goddard

Jonathan is the head of Addleshaw Goddard's Employee Incentives and Remuneration practice, and advises UK and multinational clients on the design and implementation of share and cash-based employee incentive plans. He also advises quoted companies on corporate governance and disclosure issues in relation to remuneration. Jonathan is a regular speaker at conferences on executive remuneration and share plans more generally and has been recognised as a leading individual in employee incentives in Chambers and Partners.

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Registered office definition
What does Registered office mean?

As required by CA 2006, s 86 a company must at all times have a registered office to which all communications and notices may be addressed.

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