ESOP Plan. In the event that the Company intends to accelerate any options granted under the ESOP Plan for the purpose of its initial public offering, the Company shall take at the same time equivalent measures to lock up, retain and incentivize employees in question in accordance with the ESOP Plan, Transaction Documents and the applicable Laws.
Appears in 2 contracts
Sources: Series F Preferred Share Purchase Agreement (Cloopen Group Holding LTD), Series F Preferred Share Purchase Agreement (Cloopen Group Holding LTD)