SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999

Contents
Sections	Particulars
1	Short title and commencement
2	Definitions
4	Eligibility to participate in ESOS
5	Compensation Committee
6	Shareholder approval
7	Variation of terms of ESOS
8	Pricing
9	Lock-in period and rights of the option-holder
10	Consequence of failure to exercise option
11	Non-transferability of option
12	Disclosure in the Directors Report
13	Accounting Policies
14	Certificate from Auditors
15	Options outstanding at Public Issue
16	Eligibility to participate in ESPS
17	Shareholder Approval
18	Pricing and Lock-in
19	Disclosure and accounting policies
20	Preferential Allotment
21	Part D of Clarification XIV of DIP Guidelines
22	Listing
23	Commencement of the Guidelines
Schedule I	Accounting Policies For Esos