若要产生长期的激励效果。股权 激励计划必须分阶段进行，因此,股权激励应该设定合理的周期,以确保员工的工作激情能够延续。

To produce long-term incentive effect. The equity incentive plan must be carried out in stages. Therefore, the equity incentive should set a reasonable cycle to ensure the continuation of employees' work passion.

股权激励周期应该与企业的战略目标相匹配。同时又要调动员工参与的热情。对于上市公司的股权激励计划有效期。法律现定股票期权授仅日与获授股票期权首次可以行权日之间的间隔不得少于1年、股票期权的有效期从授权日计算不得超过10年。因此。企业可以根据实际情况将激励周期确定为1~10年。

The equity incentive cycle should match the strategic objectives of the enterprise. At the same time, we should mobilize the enthusiasm of employees to participate. The validity period of equity incentive plan for listed companies. According to the law, the interval between the grant date of stock option and the first exercisable date of stock option granted shall not be less than 1 year, and the validity period of stock option shall not exceed 10 years from the date of authorization. Therefore. Enterprises can determine the incentive cycle as 1 ~ 10 years according to the actual situation.

非上市公司由于没有有效期的限制,则可以灵活设定。

Non listed companies can be set flexibly because there is no limit on the period of validity.

一般来说,股权激励周期要和企业阶段性的战略目标计划相匹配。例如、一个企业设定的战略目标计划年限为6年,那么、股权激励计划的有效期可以设置为6年或7年。这样的设置可以帮助公司判断激励对象的努力是否达到了阶段战略目标的要求。假如将股权激励计划的周期设为5年或4年,那么、企业就会在不知激励对象能否终完成阶段性战略目标的前提下把股权激励标的的行权完毕,这显然不利于企业战略目标计划的完成。

Generally speaking, the equity incentive cycle should match the phased strategic objectives and plans of the enterprise. For example, if an enterprise sets a strategic target plan period of 6 years, the validity period of the equity incentive plan can be set to 6 years or 7 years. Such setting can help the company judge whether the efforts of incentive objects meet the requirements of stage strategic objectives. If the period of the equity incentive plan is set to 5 or 4 years, the enterprise will complete the exercise of the equity incentive subject on the premise of not knowing whether the incentive object can finally complete the phased strategic objectives, which is obviously not conducive to the completion of the enterprise's strategic objectives plan.