Employee Share Ownership Plan or Employee Share Option Scheme definition

Employee Share Ownership Plan or Employee Share Option Scheme means a plan or a scheme under which a company incorporated outside Sri Lanka offers an opportunity to acquire its shares or shares of the group of companies, to employees of its branch or subsidiary in Sri Lanka;
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Employee Share Ownership Plan or Employee Share Option Scheme means a plan or a scheme under
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Employee Share Ownership Plan or Employee Share Option Scheme means a plan or a scheme under which a company incorporated outside Sri Lanka offers an opportunity to acquire its shares or shares of
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Examples of Employee Share Ownership Plan or Employee Share Option Scheme in a sentence

  • The limits specified in Table 1 of paragraph 2 of this Schedule shall not apply to an individual who is required to effect payment for shares vested in that individual under an Employee Share Ownership Plan or Employee Share Option Scheme offered by an overseas company to the employees of its branch or subsidiary in Sri Lanka.

  • The Proposed Purchaser shall agree to sign an affordability covenant including resale restriction, refinance restriction, and option to purchase restricting future resale of the Home and shall agree to cooperate fully with the City in promptly providing all information requested by the City to assist the City in monitoring the Proposed Purchaser's compliance with the resale restriction agreement described herein.

  • Suspend making outward remittances by a company incorporated under the Companies Act, No. 7 of 2007, being a subsidiary or branch office of a company incorporated overseas, on behalf of its employees for the purpose of contributing to an Employee Share Ownership Plan or Employee Share Option Scheme, under general permission granted in the paragraph 6 of the Part I of Schedule of the Regulations No. 1 of 2021.

Related to Employee Share Ownership Plan or Employee Share Option Scheme

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Shareholder-Employee means a Participant who owns more than five percent (5%) of the Employer's outstanding capital stock during any year in which the Employer elected to be taxed as a Small Business Corporation under the applicable Code Section.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Company Stock Option Plan means each stock option plan, stock award plan, stock appreciation right plan, phantom stock plan, stock option, other equity or equity-based compensation plan, equity or other equity based award to any employee, whether payable in cash, shares or otherwise (to the extent not issued pursuant to any of the foregoing plans), or other plan or contract of any nature with any employee pursuant to which any stock, option, warrant or other right to purchase or acquire capital stock of the Company or right to payment based on the value of Company capital stock has been granted or otherwise issued.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Company Stock Option Plans has the meaning ascribed to it in Section 2.6(c).

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of such time or will vest in connection with the consummation of the transactions contemplated hereby (whether at the Effective Time or otherwise).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Employee Option means an Option granted pursuant to Section 5.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Company Equity Plan means any management equity or stock option or ownership plan or any other management or employee benefit plan of the Company or any Subsidiary of the Company.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company’s securities may be issued to any employee, officer or director for services provided to the Company.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.