Stock Incentive Agreement
The Stock Incentive Agreement is an agreement between an employee and the company whereby the employee is offered employment with the company in exchange for the option to purchase stock in the capital stock of the company upon the employee performing his/her duties and responsibilities. The Stock Incentive Agreement also provides for non-competition of the employee should the employee terminate or be terminated from his or her employment with the company. This agreement is downloadable and customizable for your specific usage.
SOURCE: Stock Incentive Agreement