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An Employer Has Promised That It Will Grant Employees Three

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An employer has promised that it will grant employees three year options in one year's time and that the options will be at the money at the time they are granted.What describes these options?


Definitions:

Erode Material

Refers to substances or objects that have experienced erosion, the process where natural forces like water and wind remove soil, rock, or dissolved material from one location and then transport it to another.

Crust

The thin, solid, outermost layer of the Earth, lying above the mantle.

Himalaya

A major mountain range in Asia, forming a barrier between the Plateau of Tibet to the north and the alluvial plains of the Indian subcontinent to the south.

Lithosphere

The rigid outer layer of the Earth, comprising the crust and the upper mantle, which is involved in tectonic processes like plate movements.

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