what does ESOP(Employee Stock Option Plan ) means ?
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employee stock ownership plan (ESOP) is a qualifieddefined-contribution employeebenefit (ERISA) plan designed to invest primarily in the stock of the sponsoring employer. ESOPsare "qualified" in the sense that the ESOP's sponsoring company, the selling shareholder and participants receive various tax benefits.
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An employee stock ownership plan (ESOP) is a type of employee benefit plan which is intended to encourage employees to acquire stocks or ownership in the company.
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