Evergreen Stock Option Plan(redirected from Evergreen Stock Option Plans)
Evergreen Stock Option Plan
An employee stock option with no expiration date in which the employee is granted a certain percentage of the company's shares outstanding automatically each year. The evergreen option requires no approval and the employee does not need to do anything extra to acquire the new shares. This allows the employee to gradually increase his/her holding in the company for which he/she works every year.