Esop Eligibility In Israel

Summary

Under Israeli law, an Employee Stock Option Plan (ESOP) can include full-time and part-time employees, directors, and officers. Each companys ESOP may have its own eligibility criteria. A company officer is defined as a director, general manager, chief business manager, deputy general manager, assistant general manager, or anyone fulfilling such roles, regardless of their title. Consult your companys HR or legal counsel for specific details.

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Under Israeli law, what is the definition of a company officer?
Under Israeli Companies Law, a company officer is defined as:
- A director of the company
- The general manager
- The chief business manager
- The deputy general manager
- The assistant general manager
- Any person fulfilling or assuming to fulfill any such position, even if he holds a different title.