Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 2 para. 2 let. b Fin­IA)

Em­ploy­ee par­ti­cip­a­tion schemes are deemed to be plans which:

a.

rep­res­ent a dir­ect or in­dir­ect in­vest­ment in the com­pany of the em­ploy­er or in an­oth­er com­pany which by vir­tue of a ma­jor­ity of votes or by some oth­er means is un­der uni­form man­age­ment with the com­pany of the em­ploy­er (group); and

b.

are dir­ec­ted at em­ploy­ees who at the time of the of­fer are not un­der no­tice.