USA Stock Option Plan for Outside Directors

Set up a Stock Option Plan for outside directors (i.e., directors who are not employees of the company or any subsidiary) with this template form for USA companies.

Participants in the Plan will be granted annually a number of non-qualified stock options to purchase shares of the company's common stock for each year of the Plan in which they serve as a director of the company or any of its subsidiaries.
Participants can elect to receive deferred compensation stock options in lieu of all or part of the fees payable to them for service on the Board.

This USA Stock Option Plan for Outside Directors template is available as a downloadable MS Word form, and is completely editable to fit your company's needs.