An addition to employee compensation whereby the corporation provides a right to purchase stock at a set price is called

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This is known as a stock option, whereby an employee is given the right to purchase a certain amount of company stock at a predetermined price, usually lower than the current market value. This serves as an incentive for employees to work hard and contribute to the company's success, as their stock options will increase in value as the company's stock price rises.

An Addition to Employee Compensation Whereby the Corporation Provides a Right