The client wanted to dispatch or transfer some of its employees to a subsidiary to be established. The issue was whether the period of the stock options held by existing employees would be terminated or suspended. D’LIGHT Law Group helped establish a practical solution by analyzing in detail the types of employees providing labor to subsidiaries. In addition, the client wanted to grant stock options to employees of the subsidiary as an incentive to recruit people, but the concept raised the question whether it is even possible for the parent company to grant stock options the employees of the new subsidiary with an uncertain future. We reviewed the special provisions pertinent to listed corporations under the Commercial Act and the provision of stock options under the Venture Company Act, and advised the client that the possibility of granting stock options may vary depending on the type of stock acquisition of its subsidiaries and whether the parent company is a listed/venture company.
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