A Phantom Stock Agreement is a legal document that allows employees to benefit from the appreciation of a company's stock without owning it.
The Phantom Stock Agreement template created by Genie AI is a legal document that outlines the terms and conditions for a phantom stock plan. This plan provides employees with an opportunity to receive benefits similar to actual stock ownership without owning any real shares in a company. It establishes the rights, restrictions, and compensation related to the phantom stock program.
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