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Ongoing ESOP Administration

It is critical to ensure that the ESOP is administered smoothly over the life of the plan till closure.
Aurel provides the following services at a reasonable annual charge:
  • Keeping the ESOP register up-to-date
  • Issue of fresh & ongoing grants per Board approval
  • Supporting valuations as required for accounting purposes
  • Issue of employee letters when ESOP conditions changes – vesting, exercised or at attrition
  • MIS reports as required by the Board, management or auditors