Purchaser Incentive Plan. As soon as practicable after the date of this 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 will provide, among other things, that the equity awards for the maximum of 10% of the total issued and outstanding share capital of the Redomestication Merger Surviving Corporation would initially be available for grant under the Purchaser Incentive Plan immediately after the Closing.
Appears in 1 contract
Sources: Merger Agreement (International Media Acquisition Corp.)
Purchaser Incentive Plan. As soon as practicable after the date of this 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 will provide, among other things, that the equity awards for the maximum of 10% of the total issued and outstanding share capital of the Redomestication Merger Surviving Corporation Purchaser would initially be available for grant under the Purchaser Incentive Plan immediately after the Closing.
Appears in 1 contract
Sources: Merger Agreement (International Media Acquisition Corp.)