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Employee Stock Option (ESOP)

The option has a predetermined price, also known as the exercise price, which is used to purchase company stock at a future date.

An Employee Stock Option (ESO) is a valuable benefit provided to select employees, determined by upper management. It allows for the purchase of shares in the company at a predetermined price, known as the exercise price, on a future date. This option is a form of compensation that aligns the interests of employees with those of the company, incentivizing them to contribute to the organization's success.

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