Common use of Purchaser Incentive Plan Clause in Contracts

Purchaser Incentive Plan. As soon as practicable after the Signing Date but in any event prior to the initial filing (including confidential filing) of the preliminary Proxy Statement/Registration Statement with the SEC, the Company Group shall prepare the Purchaser Incentive Plan in the form and substance that are reasonably satisfactory to the Purchaser. The Purchaser Incentive Plan shall provide that, among other things, the equity awards for the maximum of 1,434,175 Purchaser Class A Ordinary Shares would initially be available for grant under the Purchaser Incentive Plan immediately after the Closing.

Appears in 1 contract

Sources: Merger Agreement (ASPAC III Acquisition Corp.)

Purchaser Incentive Plan. As soon as practicable after the Signing Date signing date of the Acquisition Agreement but in any event prior to the initial filing (including confidential filing) of the preliminary Proxy Statement/Registration Statement with the SEC, the Company Group shall prepare the Purchaser Incentive Plan in the form and substance that are reasonably satisfactory to the Purchaser. The Purchaser Incentive Plan shall provide that, among other things, the equity awards for the maximum of 1,434,175 Purchaser Class A Ordinary Shares would initially be available for grant under the Purchaser Incentive Plan immediately after the Closing.

Appears in 1 contract

Sources: Reincorporation Merger Agreement (ASPAC III Acquisition Corp.)