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Title: SAFE Issues Additional Rules for Employee Stock Plans  Author: China Practice Group  Contact Information: Jon Eichelberger, Beijing Andreas Lauffs, Hong Kong Howard Wu, Shanghai  Publication Date: July  2007   Publication Type: Newsletter/Alert  Practice/Industry: Global Equity Services Region: Asia Pacific Office: Beijing/China Description: Overseas-listed companies offering equity programs to employees of their PRC affiliates/subsidiaries may be required to restructure their stock plans to comply with the repatriation and monitoring requirements of the State Administration of Foreign Exchange (the SAFE). This article provides additional procedural and documentary requirements listed in Circular 78, issued by the SAFE, for the approval of employee stock purchase plans and participation in employee stock option plans (SOPs), including SOPs which require a cashless sell-all exercise and potentilally other types of equity awards.  Price and Currency: Complimentary Publication/Link: http://bakerxchange.com/ve/ZZnszp91G71s61G769

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