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ESOP (Employee Share Option Plan) ===CUT

An Employee Share Option Plan (ESOP) is a type of employee benefit plan that provides employees with the right to purchase a certain number of shares in the company at a discounted price or at a fixed price in the future. ESOPs are commonly used by startups and other companies to incentivize employees and align their interests with those of the company. ESOPs can be structured in different ways, and the terms of the plan may vary depending on the company’s goals and objectives. E