This policy provides guidelines for employee enrollment and participation in an organization’s employee stock purchase plan (ESPP).
In this sample, employees must be continuously employed for at least 90 days to be eligible to participate in the employee stock purchase plan. Employees must submit the ESPP enrollment form to HR at least 5 business days prior to the enrollment date. The stock purchase price provided to enrolled employees will be equal to the lower of 85% of the fair market value of a share of common stock on the enrollment date or on the exercise date.