ETASSUM42150 - Schedule 4 Company Share Option Plan (CSOP): Eligibility of individuals to participate: The employment requirement: Secondment of employees

An individual employed by one company may be seconded to work full-time for another organisation, but continue to have his or her total remuneration paid by the first company (which invoices the other organisation for the individual鈥檚 services). The individual may be accepted as still employed by the first company for the purposes of eligibility to participate in its Schedule 4 CSOP scheme if:

  • the individual鈥檚 service contract is solely with the scheme organiser (or other constituent subsidiary), and
  • any contract to which the other organisation is party is with the 鈥渆mploying鈥� company, not with the individual.