Practice notes

This note lists all the practice notes that are currently on PLC Share Schemes & Incentives. The same documents can also be viewed by clicking on the relevant subject in the "Core Topics" box on the PLC Share Schemes & Incentives homepage and then selecting the "Practice notes" tab.

Share Schemes & Incentives overview notes

EMI

Key practice note

Guide to EMI content

Other practice notes relevant to EMI options

CSOP/SAYE/SIPs

Key practice note

Guides to CSOP and SAYE content

Other practice notes relevant to CSOPs, SAYE schemes and SIPs

Fully taxable share schemes and agreements

Key practice notes

Other practice notes relevant to fully taxable share schemes

Cash schemes

Key practice note

Other practice notes relevant to cash incentive schemes

Scheme design and financial considerations

Key practice notes

Other practice notes relevant to scheme design and funding issues

Employee benefit trusts

Key practice notes

Guide to EBT content

Other practice notes relevant to employee benefit trusts (EBTs)

Management interests in private equity and venture capital investment

Key practice note

Other practice notes relevant to private equity

International share schemes & incentives

Key practice notes

Other practice notes relevant to international share plans and internationally mobile employees

Company law, governance and regulatory matters: share schemes & incentives

Key practice notes

Guides and trackers on regulatory topics

Other practice notes relevant to company law, corporate governance and regulatory matters

Employment law issues for share schemes & incentives

Key practice notes

Other practice notes relevant to employment law issues

Tax and NICs for share schemes & incentives

Key practice notes

Other practice notes relevant to tax and NICs liabilities on share schemes and incentive arrangements

Corporate transactions: share schemes & incentives

Share Schemes & Incentives overview notes

The relevant practice notes listed below provide an overview of a particular area of law or practice. They also contain links to more specific and detailed practice notes or standard documents where appropriate.

The same documents can also be viewed by clicking on the relevant subject in the "Core Topics" box on the PLC Share Schemes and Incentives homepage and then selecting the "Practice notes" tab.

• Accounting for share schemes: an overview (www.practicallaw.com/9-207-5980)

• Disguised remuneration tax legislation (rewards from third parties, Part 7A of ITEPA 2003): an overview (www.practicallaw.com/2-506-7659)

• Employee share schemes: an introduction (www.practicallaw.com/9-107-4444)

• Private equity and buyouts: overview (www.practicallaw.com/0-107-4033)

• National Insurance Contribution (NICs) liabilities and share schemes: an overview (www.practicallaw.com/9-204-9057)

• Sourcing shares for share plans: an overview (www.practicallaw.com/8-205-0145)

• The UK Corporate Governance Code: overview (www.practicallaw.com/7-107-4261)

• What is a performance condition?: an overview (www.practicallaw.com/8-205-5483)

EMI

Key practice note

• EMI (enterprise management incentives) options (www.practicallaw.com/0-205-7141)

Guide to EMI content

• EMI (Enterprise Management Incentive) share options: guide to EMI content and resources on PLC Share Schemes & Incentives (www.practicallaw.com/6-369-8111)

Other practice notes relevant to EMI options

• Annual reporting obligations for tax-favoured share plans: form 34, form 35, form 39 and form 40 (www.practicallaw.com/4-502-2127)

• Changes to tax-advantaged share schemes in 2013: key issues and impact on plan rules (www.practicallaw.com/0-525-4322)

• CSOPs, SIPS, SAYE and EMI options: a comparison (www.practicallaw.com/2-205-7140)

• EMI option individual limit: not what it seems (www.practicallaw.com/1-207-2301)

• EMI option rollover: practical issues (www.practicallaw.com/4-379-9776)

• EMI options and joint venture companies (www.practicallaw.com/6-380-1721)

• EMI options: gross assets test (www.practicallaw.com/7-380-0679)

• EMI options: common misunderstandings and mistakes (www.practicallaw.com/4-379-0634)

• EMI option schemes: key features (www.practicallaw.com/7-371-8953)

• EMI options: trading activities (www.practicallaw.com/2-380-1780)

• Interaction of CGT and income tax for unapproved options and tax-advantaged share plans from 6 April 2010 (www.practicallaw.com/3-502-6574)

• Material interest rules for tax-favoured share incentives (www.practicallaw.com/2-338-4952)

• Tax-advantaged share schemes: interaction of income tax and CGT rates before 5 April 2010 (www.practicallaw.com/5-377-3403)

• Who can join a share scheme? (www.practicallaw.com/3-205-8988)

• Working for more than one employer: how the tax-favoured schemes work (www.practicallaw.com/7-381-9725)

CSOP/SAYE/SIPs

Key practice note

• Employee share incentive schemes: an introduction (www.practicallaw.com/9-107-4444)

Guides to CSOP and SAYE content

• CSOPs (company share option plans): guide to CSOP content and resources on PLC Share Schemes & Incentives (www.practicallaw.com/6-379-0360)

• SAYE options: guide to SAYE content and resources on PLC Share Schemes & Incentives (www.practicallaw.com/0-379-0377)

Other practice notes relevant to CSOPs, SAYE schemes and SIPs

• Age discrimination and employee share schemes (www.practicallaw.com/8-203-8766)

• Annual reporting obligations for tax-favoured share plans: form 34, form 35, form 39 and form 40 (www.practicallaw.com/4-502-2127)

• Changes to tax-advantaged share schemes in 2013: key issues and impact on plan rules (www.practicallaw.com/0-525-4322)

• Company share option plans (CSOPs): the retirement age issue (www.practicallaw.com/2-358-2966)

• CSOPs, SIPS, SAYE and EMI options: a comparison (www.practicallaw.com/2-205-7140)

• Employee share schemes: dealing with leavers (www.practicallaw.com/5-207-3959)

• Guidance on SAYE option schemes in the HMRC Employee Share Schemes User Manual (www.practicallaw.com/5-386-0909)

• Important share schemes and incentives cases before February 2007 (www.practicallaw.com/4-377-7350)

• Interaction of CGT and income tax for unapproved options and tax-advantaged share plans from 6 April 2010 (www.practicallaw.com/3-502-6574)

• Material interest rules for tax-favoured share incentives (www.practicallaw.com/2-338-4952)

• SAYE option scheme bonus rates (www.practicallaw.com/6-200-8647)

• SAYE options: maximum savings, exercise price and share value (www.practicallaw.com/9-381-2681)

• SAYE option schemes: mechanism for setting bonus rates (www.practicallaw.com/2-386-1180)

• Tax-advantaged share schemes: interaction of income tax and CGT rates before 5 April 2010 (www.practicallaw.com/5-377-3403)

• Who can join a share scheme? (www.practicallaw.com/3-205-8988)

• Working for more than one employer: how the tax-favoured schemes work (www.practicallaw.com/7-381-9725)

Fully taxable share schemes and agreements

Key practice notes

• Employee share schemes: an introduction: Unapproved or fully taxable share schemes (www.practicallaw.com/9-107-4444)

• Joint ownership arrangements: an overview (www.practicallaw.com/5-520-2316)

• Nil paid share schemes: an overview (www.practicallaw.com/7-381-1814)

Other practice notes relevant to fully taxable share schemes

• Age discrimination and employee share schemes (www.practicallaw.com/8-203-8766)

• Employee share schemes: dealing with leavers (www.practicallaw.com/5-207-3959)

• Employee share schemes: loans to employees and directors: Consumer Credit Act issues (www.practicallaw.com/7-500-1091)

• Employment-related securities (www.practicallaw.com/6-376-2197)

• Form 42: annual reporting obligations for employee securities (except tax-favoured arrangements) (www.practicallaw.com/4-356-4990)

• Important share schemes and incentives cases before February 2007 (www.practicallaw.com/4-377-7350)

• Keeping unapproved options or awards after leaving the employment of a company and becoming a consultant (www.practicallaw.com/9-367-4991)

• Long term incentive or performance share plans (LTIPs/PSPs): advantages of an LTIP/PSP over a share option plan (www.practicallaw.com/5-205-0142)

• Nil paid share schemes: company law issues (www.practicallaw.com/4-381-2513)

• Nil paid share schemes: tax implications (www.practicallaw.com/2-381-1816)

• Nil paid share schemes vs share options: a comparison (www.practicallaw.com/4-381-1815)

• Nil paid share schemes: insolvency law issues (www.practicallaw.com/0-381-1817)

• Restricted securities (www.practicallaw.com/3-364-2007)

• Share appreciation rights (SARs) (www.practicallaw.com/8-205-2979)

• Share plan implementation process: key steps (www.practicallaw.com/9-205-7071)

• Sourcing shares for share plans: an overview (www.practicallaw.com/8-205-0145)

• Sourcing shares for share plans: share hedging strategies (www.practicallaw.com/6-205-2980)

• The ABI approach to leaver provisions (www.practicallaw.com/8-375-9014)

• What is a performance condition?: an overview  (www.practicallaw.com/8-205-5483)

• Who can join a share scheme? (www.practicallaw.com/3-205-8988)

Cash schemes

Key practice note

• Bonuses (www.practicallaw.com/1-200-2129)

Other practice notes relevant to cash incentive schemes

• Employee share schemes: loans to employees and directors: Consumer Credit Act issues (www.practicallaw.com/7-500-1091)

• Loans to employees and directors: tax issues (www.practicallaw.com/4-500-1064)

• Salary sacrifice arrangements (www.practicallaw.com/6-287-9952)

• Share appreciation rights (SARs) (www.practicallaw.com/8-205-2979)

• Taxation of termination payments (www.practicallaw.com/0-200-2422)

Scheme design and financial considerations

Key practice notes

• Accounting for share schemes: an overview (www.practicallaw.com/9-207-5980)

• Valuing employee shares (www.practicallaw.com/8-371-6958)

• Share plan dilution calculator (www.practicallaw.com/5-207-0159)

• Sourcing shares for share plans: an overview (www.practicallaw.com/8-205-0145)

Other practice notes relevant to scheme design and funding issues

• Accounting for share schemes: an example comparing the P&L treatment of an LTIP with a share option (www.practicallaw.com/3-204-3992)

• Categorising performance conditions: a brief guide (www.practicallaw.com/8-205-5751)

• Comparing characteristics of new issue shares, market purchase shares and treasury shares relevant to share schemes (www.practicallaw.com/3-204-1323)

• Designing long-term incentives for companies in difficulties (www.practicallaw.com/2-381-4117)

• Funding employee benefit trusts: financial assistance and UITF 38 (www.practicallaw.com/4-205-2981)

• How share schemes and pensions interact after 6 April 2006 (www.practicallaw.com/0-203-1207)

• Long term incentive or performance share plans (LTIPs/PSPs): advantages of an LTIP/PSP over a share option plan (www.practicallaw.com/5-205-0142)

• Share appreciation rights (SARs) (www.practicallaw.com/8-205-2979)

• Sourcing shares for share plans: share hedging strategies  (www.practicallaw.com/6-205-2980)

• Share options: the difference between the face and fair value of a share option (www.practicallaw.com/1-376-6386)

• Share plan implementation process: key steps (www.practicallaw.com/9-205-7071)

• Tax and accounting implications of funding an employee benefit trust (EBT) to provide employee shares (www.practicallaw.com/2-205-0148)

• The ABI approach to leaver provisions (www.practicallaw.com/8-375-9014)

• Treasury shares: use in share plans  (www.practicallaw.com/2-205-2982)

• Underwater share options (www.practicallaw.com/8-206-0984)

• What is a performance condition?: an overview (www.practicallaw.com/8-205-5483)

Employee benefit trusts

Key practice notes

• Employee benefit trusts: an overview (www.practicallaw.com/1-500-3984)

• Setting up an employee benefit trust: an overview (www.practicallaw.com/3-504-8302)

• Disguised remuneration tax rules and employee share plans: a quick guide (www.practicallaw.com/7-505-6899)

Guide to EBT content

Employee benefit trusts (EBTs): guide to EBT content and resources on PLC Share Schemes & Incentives (www.practicallaw.com/6-528-6645)

Other practice notes relevant to employee benefit trusts (EBTs)

• ABI remuneration principles: employee benefit trusts (www.practicallaw.com/4-212-7953)

• Disguised remuneration tax legislation (Part 7A of ITEPA 2003): issues for share plans and other employee benefits (www.practicallaw.com/4-504-5317)

• Employee benefit trusts: concert party clearance from the Takeover Panel (www.practicallaw.com/6-205-9076)

• Employee benefit trusts: section 218 IHTA notices (www.practicallaw.com/6-503-5384)

• Funding employee benefit trusts: financial assistance and UITF 38 (www.practicallaw.com/4-205-2981)

• Joint ownership arrangements: an overview (www.practicallaw.com/5-520-2316)

• Tax and accounting implications of funding an employee benefit trust (EBT) to provide employee shares (www.practicallaw.com/2-205-0148)

• Trusts in commercial transactions (www.practicallaw.com/4-107-4432)

Management interests in private equity and venture capital investment

Key practice note

• HMRC/BVCA memoranda: management interests in private equity and venture capital (www.practicallaw.com/8-376-3228)

Other practice notes relevant to private equity

• Employment-related securities (www.practicallaw.com/6-376-2197)

• Internal rate of return (IRR): an introduction (www.practicallaw.com/6-384-9563)

• Management buyouts: risks and rewards for management (www.practicallaw.com/8-201-3129)

• Restricted securities (www.practicallaw.com/3-364-2007)

• The AIFM Directive: disclosure and reporting obligations (www.practicallaw.com/8-503-9809)

• The AIFM Directive: remuneration (www.practicallaw.com/3-503-9741)

International share schemes & incentives

Key practice notes

• Extending an all-employee share plan to overseas employees (www.practicallaw.com/7-383-4009)

• UK share schemes for non-UK companies or practitioners: an overview (www.practicallaw.com/6-202-3799)

• US Internal Revenue Code section 409A: impact on UK share incentives (www.practicallaw.com/9-375-8274)

Other practice notes relevant to international share plans and internationally mobile employees

• Apportionment of securities and option income for R/NOR employees (www.practicallaw.com/7-382-9480)

• EU social security rules for cross-border employees (www.practicallaw.com/3-502-0850)

• Not ordinarily resident employees: UK taxation of share incentives (www.practicallaw.com/7-380-8717)

• Prospectus Directive: short-form prospectus requirements for an offer of quoted shares to employees (www.practicallaw.com/6-384-9389)

• Remittance of securities and options income to the UK and the treatment of UK shares (www.practicallaw.com/7-382-7749)

• Remittance of securities income by R/NOR taxpayers: NICs liabilities and apportionment of securities income (www.practicallaw.com/0-383-0081)

• Restrictive covenants in a share or bonus award made under foreign law may not be upheld (www.practicallaw.com/1-379-9810)

• Section 409A: Deferred Compensation Tax Rules: Overview (www.practicallaw.com/6-501-2009)

• US section 423 plans: key features and making similar arrangements in the UK (www.practicallaw.com/6-378-9615)

• When is a prospectus needed for an offer to employees? (www.practicallaw.com/4-212-0956)

Company law, governance and regulatory matters: share schemes & incentives

Key practice notes

• AIM companies: share scheme issues (www.practicallaw.com/8-222-6017)

• Listing rules: employee share schemes aspects (www.practicallaw.com/4-382-0184)

• Private companies and share plans (www.practicallaw.com/9-375-9283)

• UK Corporate Governance Code: overview (www.practicallaw.com/9-502-0734)

Guides and trackers on regulatory topics

• A guide to PLC Financial Services' remuneration materials (www.practicallaw.com/7-384-2387)

• A guide to PLC's UK corporate governance materials (www.practicallaw.com/3-502-1005)

• Share Schemes & Incentives FSA Remuneration Code tracker (www.practicallaw.com/0-503-0110)

Other practice notes relevant to company law, corporate governance and regulatory matters

• ABI and NAPF joint statement on executive contracts and severance (www.practicallaw.com/4-380-8766)

• Bribery Act 2010: toolkit (www.practicallaw.com/9-503-9451)

• Companies Act 2006: provisions referring to employees' share schemes (www.practicallaw.com/4-381-2886)

• Corporate governance and AIM companies (www.practicallaw.com/6-202-2295)

• Corporate governance requirements of institutional shareholders (www.practicallaw.com/5-107-3875)

• Data protection law: how it applies to share schemes (www.practicallaw.com/2-343-4952)

• Directors' remuneration report (www.practicallaw.com/7-520-4159)

• Directors' service agreements and regulatory issues (www.practicallaw.com/0-200-3271)

• Directors' interests in shares: disclosure requirements (www.practicallaw.com/4-107-3871)

• Directors' remuneration: corporate governance issues (www.practicallaw.com/8-107-4675)

• Employee share schemes: loans to employees and directors: Consumer Credit Act issues (www.practicallaw.com/7-500-1091)

• Financial services (FSMA 2000) regulation and the operation of share plans (www.practicallaw.com/0-382-2057)

• Funding employee benefit trusts: financial assistance and UITF 38 (www.practicallaw.com/4-205-2981)

• Implementing a share plan: notice and majority requirements of shareholder meetings from 1 October 2007 (www.practicallaw.com/6-379-0464)

• Personal liability of senior accounting officers for tax accounting arrangements (www.practicallaw.com/6-386-2494)

• Prospectus Directive: short-form prospectus requirements for an offer of quoted shares to employees (www.practicallaw.com/6-384-9389)

• Revised FSA remuneration code: frequently asked questions (www.practicallaw.com/4-504-0659)

• Remuneration committee: duties and terms of reference (www.practicallaw.com/8-107-4722)

• Remuneration committees and the role of non-executive directors (www.practicallaw.com/8-107-4897)

• Share capital: class rights (www.practicallaw.com/3-500-1366)

• Share plan implementation process: key steps (www.practicallaw.com/9-205-7071)

• Shares for non-executive directors (www.practicallaw.com/5-206-3984)

• The ABI approach to leaver provisions (www.practicallaw.com/8-375-9014)

• The AIFM Directive: disclosure and reporting obligations (www.practicallaw.com/8-503-9809)

• The AIFM Directive: remuneration (www.practicallaw.com/3-503-9741)

• The Model Code (www.practicallaw.com/1-200-8819)

• The role of the remuneration committee adviser (www.practicallaw.com/3-206-1033)

• Treasury shares: use in share plans (www.practicallaw.com/2-205-2982)

• UK Corporate Governance Code: disclosure statement in annual reports (www.practicallaw.com/6-502-5356)

• UK Stewardship Code (www.practicallaw.com/6-502-2065)

• When is a prospectus needed for an offer to employees? (www.practicallaw.com/4-212-0956)

Employment law issues for share schemes & incentives

Key practice notes

• Dealing with share options and other share plan awards held by a departing employee: an overview (www.practicallaw.com/2-502-0191)

• Employee share schemes: dealing with leavers (www.practicallaw.com/5-207-3959)

Other practice notes relevant to employment law issues

• ABI and NAPF joint statement on executive contracts and severance (www.practicallaw.com/4-380-8766)

• Age discrimination and employee share schemes (www.practicallaw.com/8-203-8766)

• Company share option plans (CSOPs): the retirement age issue (www.practicallaw.com/2-358-2966)

• Directors' service agreements and regulatory issues (www.practicallaw.com/0-200-3271)

• Directors' service contracts: notice periods and compensation for loss of office (www.practicallaw.com/2-107-3872)

• Important share schemes and incentives cases before February 2007 (www.practicallaw.com/4-377-7350)

• Keeping unapproved options or awards after leaving the employment of a company and becoming a consultant (www.practicallaw.com/9-367-4991)

• Leaving a share scheme: income tax and NICs issues (www.practicallaw.com/1-207-3956)

• Part-time employees and share plans (www.practicallaw.com/5-382-2007)

• Restrictive covenants in a share or bonus award made under foreign law may not be upheld (www.practicallaw.com/1-379-9810)

• Salary sacrifice arrangements (www.practicallaw.com/6-287-9952)

• Taxation of termination payments (www.practicallaw.com/0-200-2422)

• The ABI approach to leaver provisions (www.practicallaw.com/8-375-9014)

• Who can join a share scheme? (www.practicallaw.com/3-205-8988)

Tax and NICs for share schemes & incentives

Key practice notes

• Class 1 National Insurance Contributions (NICs) liabilities and share incentives: an overview (www.practicallaw.com/9-204-9057)

• Disguised remuneration tax legislation (rewards from third parties, Part 7A of ITEPA 2003): an overview (www.practicallaw.com/2-506-7659)

• Employment-related securities (www.practicallaw.com/6-376-2197)

• Pay as you earn (PAYE) (www.practicallaw.com/7-520-4442)

• Restricted securities (www.practicallaw.com/3-364-2007)

Other practice notes relevant to tax and NICs liabilities on share schemes and incentive arrangements

• Annual reporting obligations for tax-favoured share plans: form 34, form 35, form 39 and form 40 (www.practicallaw.com/4-502-2127)

• Apportionment of securities and option income for R/NOR employees (www.practicallaw.com/7-382-9480)

• Bank payroll tax (www.practicallaw.com/9-502-0135)

• Corporation tax relief for share schemes: loss of relief on takeover by unlisted company (www.practicallaw.com/6-379-0459)

• Direct tax disclosure: overview (www.practicallaw.com/3-372-6969)

• Disguised remuneration: Part 7A of the Income Tax (Earnings and Pensions) Act 2003 (www.practicallaw.com/4-504-5317)

• Employee shares: CGT on option shares acquired before 10 April 2003: Mansworth v Jelley (www.practicallaw.com/6-200-7704)

• Employee share incentive schemes: an introduction (www.practicallaw.com/9-107-4444)

• Form 42: annual reporting obligations for employee securities (except tax-favoured arrangements) (www.practicallaw.com/4-356-4990)

• How share schemes and pensions interact after 6 April 2006 (www.practicallaw.com/0-203-1207)

• HMRC/BVCA memoranda of understanding: managers' equity and carried interests in private equity and venture capital structures (www.practicallaw.com/8-376-3228)

• Illustrations of the tax treatment of common share incentive arrangements (www.practicallaw.com/2-375-8140)

• Important share schemes and incentives cases before February 2007 (www.practicallaw.com/4-377-7350)

• Income tax: general principles (www.practicallaw.com/0-385-1243)

• Loans to employees and directors: tax issues (www.practicallaw.com/4-500-1064)

• Leaving a share scheme: income tax and NICs issues (www.practicallaw.com/1-207-3956)

• National insurance contributions (NICs) on employee securities and options: Guide to statutory provisions (www.practicallaw.com/6-383-8989)

• Not ordinarily resident employees: UK taxation of share incentives (www.practicallaw.com/7-380-8717)

• Recognised stock exchanges: significance for share schemes (www.practicallaw.com/2-381-9450)

• Remittance of securities income by R/NOR taxpayers: NICs and apportionment of securities income (www.practicallaw.com/0-383-0081)

• Residence, ordinary residence and domicile: definitions and UK tax implications for individuals (www.practicallaw.com/9-381-6387)

• Restricted securities (www.practicallaw.com/3-364-2007)

• Restricting higher-rate pensions tax relief: anti-forestalling measures (www.practicallaw.com/5-422-1726)

• Restricting pensions tax relief by reducing the annual and lifetime allowances (www.practicallaw.com/5-503-6633)

• Salary sacrifice arrangements (www.practicallaw.com/6-287-9952)

• Share appreciation rights (SARs) (www.practicallaw.com/8-205-2979)

• Tax-advantaged share schemes and unapproved options: interaction of income tax and CGT rates before 5 April 2010 (www.practicallaw.com/5-377-3403)

• Tax and accounting implications of funding an employee benefit trust (EBT) to provide employee shares (www.practicallaw.com/2-205-0148)

• Taxation and protection for legitimate expectations (www.practicallaw.com/7-505-3443)

• Taxation of termination payments (www.practicallaw.com/0-200-2422)

• Tax on chargeable gains: general principles (www.practicallaw.com/1-205-7008)

• US Internal Revenue Code section 409A: impact on UK share incentives (www.practicallaw.com/9-375-8274)

• US section 423 plans: key features and making similar arrangements in the UK (www.practicallaw.com/6-378-9615)

• Valuing employee shares (www.practicallaw.com/8-371-6958)

Corporate transactions: share schemes & incentives

• Cash scheme of arrangement takeovers: potential share plan problems (www.practicallaw.com/5-378-7787)

• Corporation tax relief for share schemes: loss of relief on takeover by unlisted company (www.practicallaw.com/6-379-0459)

• Demergers and employee share schemes: an overview (www.practicallaw.com/0-379-9580)

• Demergers and schemes of reconstruction: tax overview (www.practicallaw.com/2-366-7989)

• EMI option rollover: practical issues (www.practicallaw.com/4-379-9776)

• Employee benefit trusts: concert party clearance from the Takeover Panel  (www.practicallaw.com/6-205-9076)

• Employee share schemes: joint ventures (www.practicallaw.com/3-100-2817)

• Employee share schemes: rights issues, open offers and placings (www.practicallaw.com/9-107-3557)

• Management buyouts: risks and rewards for management (www.practicallaw.com/8-201-3129)

• Share incentives in quoted company takeovers by schemes of arrangement (www.practicallaw.com/8-371-5987)

• Share incentives in quoted company takeovers made by way of an offer (www.practicallaw.com/6-371-5988)

• Share option schemes: intra-group reorganisations (www.practicallaw.com/1-201-8564)

• Takeover Code: how buyers should treat employee share awards in target companies (www.practicallaw.com/0-378-9128)