Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Shares definition

What does Shares mean? In company law practice, a share is a unit of a member’s interest in a company, carrying the rights and obligations attached to its class (for example, voting, dividends and return of capital on a winding up). The Companies Act 2006 simply states that a share is a share in a company’s share capital; the Irish Companies Act 2014 adopts a broadly equivalent approach. Usage and effect are consistent across England & Wales, Scotland, Northern Ireland and Ireland. A company’s share capital comprises the number of shares it allots and issues to investors on or after incorporation. Those...

UK Share Incentive Plan: Partnership Share Agreement with Matching and Dividend Shares (Template)

Published by a LexisNexis Share Incentives expert

Precedents

Parties

Participant
- Name: [ insert name of participant ]
- Residential Address: [ insert address of participant ]
- Payroll Reference: [ insert payroll number of participant ]
Company
- Name: [ insert name of company ]
- Registered Address: [ insert registered address of company ]
- Registered Number: [ insert registered number of company ]
Trustee
- Name: [ insert name of trustee ]
- Registered Address: [ insert registered address of trustee ]
- Registered Number: [ insert registered number of trustee company ]

This agreement outlines the conditions under which the Participant commits to purchase Partnership Shares [and receive Matching Shares] in line with the Plan. The definitions set out in the Plan Rules shall apply to this agreement. Should any inconsistency arise between this agreement and the Rules, the terms of the Trust Deed or any relevant legislation, the Rules, the Trust Deed or the relevant legislation, as appropriate, shall take precedence.

Notice to participant about possible effect on benefits

Deductions taken from your salary to acquire Partnership Shares under this agreement may influence your entitlement to, or the amount of, certain contributory social security benefits, statutory maternity pay, statutory neonatal care pay and statutory sick pay...

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Jonathan Fletcher Rogers

Addleshaw Goddard

Jonathan is the head of Addleshaw Goddard's Employee Incentives and Remuneration practice, and advises UK and multinational clients on the design and implementation of share and cash-based employee incentive plans. He also advises quoted companies on corporate governance and disclosure issues in relation to remuneration. Jonathan is a regular speaker at conferences on executive remuneration and share plans more generally and has been recognised as a leading individual in employee incentives in Chambers and Partners....

Web page updated on 22/05/2026

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