This book is a revised version of Redefining Equity Incentives. It updates reformed legislations including Civil Code and Company Law, and specifically focuses on the legal aspects of corporate governance and shareholder disputes, along with judicial practices. From the perspective of business management, it further explores how companies at different stages apply and focus on equity incentives. Additionally, by combining real cases handled in recent years and the latest data available, the book provides new insights, experiences, and lessons on the key elements in equity incentive plans: Target Audience, Pricing and Valuation, Award Types, Vesting Schedules, and Adjustment Plan.