An ESOP (Employee Stock Ownership Plan) Agreement is a crucial document that outlines the terms and conditions under which employees are granted ownership stakes in their company. This guide provides a detailed overview of what an ESOP Agreement entails, including its key components, benefits, and legal implications. Whether you're an employee considering participation or a business owner looking to implement an ESOP, this resource will help you navigate the complexities of stock ownership plans, ensuring you understand your rights, responsibilities, and the long-term advantages of employee ownership.