Emi Valuation Agreement

If an intrinsic and existing provision, already contained in the terms of an option agreement, is used to modify the terms of an option, those changes should not lead to the granting of a new option. You must confirm in your letter that there have been no significant events since the initial assessment and that it is likely that no events will occur during the period in which you are requesting the extension. After an important event, you must re-apply to HMRC to revalue your shares before issuing any further options. You can do this by applying the same process as in an initial assessment. HMRC recognizes that due to COVID-19, there may be a delay in granting EMI options, which people welcome over a 90-day period. .