股權長期激勵計劃課件

[]公司長期激勵計劃[]Long-TermIncentivePlan設計方案[Draft]

1Confidential&Proprietary長期激勵計劃的幾種方案設想

AssumptionsoftheLong-TermIncentivePlan

股份轉讓（發(fā)起人股）

ShareTransfer(SharesofPromoters)

虛擬股票

VirtualShares

股票期權

Share-option

2Confidential&Proprietary股份轉讓ShareTransfer

由17家股東按比例出讓股份給員工

17shareholdersofthecompanytransfertheirsharestotheemployeesprorata股份轉讓對象：主要技術人員及管理人員

Transferee:Principaltechnicalandmanagementpersonnel3Confidential&Proprietary股份轉讓的法律分析

LegalAnalysisonShareTransfer

《公司法》規(guī)定：公司設立之日起三年內，發(fā)起人不能轉讓股份 ProvisionoftheCompanyLaw:Thesharesofthepromoterscannotbetransferredwithinaperiodofthree(3)yearsimmediatelyfollowingtheestablishmentofthecompany有關規(guī)定：國有股股東可以轉讓其股權給境內、外法人和自然人，但申報單位以及手續(xù)繁多 Respectingregulations:AShareholderofState-ownedsharesmaytransferitssharestodomesticandforeignlegalpersonsandnaturalpersons,buttheauthoritiesforsubmissionandtheproceduresforapplyaremanyandcomplicated5Confidential&Proprietary股份轉讓的法律分析

LegalAnalysisonShareTransfer

在目前的審批實踐中，只允許轉讓給國有企業(yè)、民營企業(yè)、而不能轉讓給自然人 Incurrentpracticeofapproval,abovementionedsharescanonlybetransferredtoState-ownedenterprisesandprivatelyownedenterprisesbutnotbetransferredtonaturalperson.結論：此方案不可行Conclusion:Thisplanisnotfeasible.6Confidential&Proprietary虛擬股票VirtualShares

設立專門的激勵基金作為虛擬股票的激勵基礎 Establishingspecialincentive-fundasthefundamentofvirtualshares每年提取激勵基金額度 Annualquotaofincentive-fundwithdrawal確定虛擬股票的初始價格（參照每股凈資產） Defineaninitialpriceofvirtualshares(Refertonetassetvaluepershareatthebeginningoftheperiod)7Confidential&Proprietary虛擬股票VirtualShares

確定評價體系和分配系數Defineanassessmentsystemandadistributionquotient確定授予對象：公司主要技術人員及管理人員 Definethetransferees:Principaltechnicalandmanagementpersonnel上市前不兌現Thesharesshouldnotbecashedbeforecompanyislisted.8Confidential&Proprietary虛擬股票VirtualShares兌現虛擬股票（參照兌現時H股市場價格與初始價格的差額，從激勵基金中支付增值收入支付給員工）

Cashthevirtualshares(Payvalue-addedrevenuetotheemployeesfromtheincentive-fundaccordingtothebalanceofthenetassetvaluepershareatthebeginningoftheperiodandthemarketpriceofCompany’sH-shareswhilecashing)10Confidential&Proprietary股票期權Share-option股票期權納入績效考核體系 Share-optionisinvolvedintheassessmentsystemofworkperformance股票來源：定向增發(fā)H股 Sourceofshares:AdditionallyIssuedH-shares12Confidential&Proprietary股票期權Share-option授予期限：[股東大會批準之日起六個月內] DeadlineofGrant:Withinaperiodofsix(6)monthsimmediatelyfollowingtheapprovaloftheshareholders’meeting行權價格:[可由公司董事會決定，但不得低于進行授予時的每股凈資產] Priceofexercise:[Maybedeterminedbytheboardofdirectorsbutshallnotbebelowthenetassetvaluepershareofthedateofgrant]14Confidential&Proprietary股票期權Share-option股票期權計劃的有限期：最長不得超過十年（股東大會批準之日起）

PeriodofValidityoftheShare-optionPlan:Shallnotexceedten(10)yearsfollowingtheapprovaloftheshareholders’meeting15Confidential&Proprietary股票期權Share-option行權期：[可約定] Scheduleofexercise:[Negotiable]第一年：25％Thefirstyear:25%第二年：25％Thesecondyear:25%第三年：25％Thethirdyear:25%第四年：25％Thefourthyear:25%股票期權的退出機制QuitsystemoftheShare-option與競業(yè)禁止掛鉤

Beconnectedwithprohibitionofbusinessstrife正常離職Normalresign非正常離職Abnormalresign

退休、死亡Retirementanddeath16Confidential&Proprietary股票期權的法律分析

LegalAnalysisonShare-option應不違背香港公司法律的相關規(guī)定及符合香港聯合交易所的“有關上市的規(guī)定” ShallnotviolaterespectingregulationsofthecompanylawofHongKongandshallbeincompliancewithrespectingregulationsoflistingofStockExchangeofHongKong17Confidential&Proprietary股票期權的法律分析

LegalAnalysisonShare-option應符合中國有關法律法規(guī)

conformwithrespectingPRClawsandregulations公司法TheCompanyLaw股份有限公司境外募集股份的有關規(guī)定 Respectingregulationsonoverseasfloatofsharesofincorporatedcompanies其他（如“證券法”、“股票發(fā)行與交易發(fā)行暫行條例”等） Others(SuchastheSecurityLawandtheProvisionalRulesontheIssuanceandExchangeofStocks,etc.)18Confidential&Proprietary股票期權的法律分析

LegalAnalysisonShare-option在香港上市，還要獲得香港聯合交易所的批準 IflistedinHongKong,itshallbeapprovedbytheStockExchangeofHongKong行權，屆時要有法律法規(guī)允許；或按屆時批準的批文內容進行 Toexercisetheoptionrights,itshallbepermittedbylawsandregulationsorbeconductedpursuanttothecontentgivingbytheapprovaldocumentatthattime20Confidential&Proprietary股票期權的法律分析LegalAnalysisonShare-option法律文件：12個 12LegalDocuments

21Confidential&Proprietary香港上市的類似企業(yè)

AnalogousEnterprisesListedInHongKong

北大青鳥環(huán)宇科技股份有限公司（2000年上市）

BeijingBeidaJadeBirdU.S