Option Scheme. 4.2 The Company will propose a scheme of arrangement under which all of the Options are cancelled and Scheme Optionholders will be entitled to receive the Option Scheme Consideration. Option Scheme Consideration
Option Scheme. SMX must propose the Option Scheme, as a creditors’ scheme of arrangement, to be conducted concurrently with the Scheme under which:
Option Scheme. Jupiters must propose a scheme of arrangement under Part 5.1 of the Corporations Act between it and the Jupiters Optionholders in the form set out in annexure C or such other form as the parties agree in writing, under which, subject to the Scheme becoming Effective, all of the Scheme Options
Option Scheme. That an option scheme of 10% of the fully diluted share capital shall be put in place as soon as possible to incentivise existing and new management.
Option Scheme. Benefit and waiver of conditions precedent
Option Scheme. (a) Xplore must, as soon as reasonably practicable after the date of this agreement and substantially in compliance with the Timetable, propose a creditors' scheme of arrangement, to be conducted concurrently with the Share Scheme under which all outstanding Scheme Options will be cancelled and each Scheme Optionholder will be entitled to receive the Option Scheme Consideration.
Option Scheme conditional The Option Scheme is conditional on the Share Scheme becoming Effective.
Option Scheme. Consideration
Option Scheme. (a) The Option Scheme will be conditional on:
Option Scheme
