An employee stock ownership plan is what an employee of a stock would create to have a plan. On it would be how long one plans to own that stock and so forth.

Yes, they do have a direct stock plan.

An employee stock ownership plan works by making employees of a particular company owners of stock in that company. It is part of the benefit plan of that company and also allows the employee to borrow money against it.

In phantom stock you will receive payments just like with equity stock but you would not get any voting rights or owner ship of any part of that company

Esop stands for employee stock ownership plan. It is a contribution employee benefit plan that allows employees to become owners of stock in the company they wrok for.