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if youre a startup youve probably heard of equity incentive plans or oftentimes its called a stock plan now an equity incentive plan is going to be a structure whereby the company is going to be able to issue Equity compensation to employees and so why do companies do this companies do this to one is to attract a-level Talent two is to align incentives with employees and and the company to help achieve the growth that theyre looking for and three it honestly saves money the what the company Awards and Equity compensation usually reduces the amount that theyre providing in cash compensation and a well-structured equity incentive plan is going to help reduce the administrative burden of the company that issue equity in the future we often advise clients on how to do this if youre interested in adopting an equity incentive plan or a stock plan please give us a call