This a an employee stock buy option, also known as Employee ownership through employer stock. This is best define as the Employee share Option Plans (ESOP). You are basically given the option to buy stock into the company.

A incentive stock option is a employee stock option that can only be done by employees. This option causes the employees to pay less on their income taxes.

An employee share option is when a number of the companies stock are awarded to an employee as part of a renumeration package. They are compensation for work or services performed by the employee.

A Stock option is a benefit given by a company to an employee. The employee is encouraged to buy stock in the company at a discounted price, thus helping the company.

When a company offers an employee stock option incentives it means that they are allowing that employee to purchase a share of their stock. There may be restrictions that apply. Company that offer good advice on type of stock to purchse are Schwab and Fidelity.