ESOP Pool definition

ESOP Pool means the pool for Shares and share options established by the Company for its employees, non-employee directors, officers and consultants, which contains shares and options to purchase 1,570,509 Shares.

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ESOP Pool means the aggregate employee stock option pool of the Company including all the options granted under the ESOP Scheme 2014 and the CEO ESOP Scheme 2014 which shall be 12.5% (Twelve decimal point Five Percent) of the Share Capital of the Company on a Fully Diluted Basis;,

ESOP Pool means the pool available for grant of stock options to employees and SMP, as amended from time to time after complying with the requirements set forth in this Agreement.

Examples of ESOP Pool in a sentence

• No Name of Seller (as in bank records) Number of Equity Shares held Number of Preference Shares held Total Shares held (including ESOP Pool) Shareholding percent (fully diluted basis) 1.

• The ESOP Pool shall be issued from time to time under such arrangements and plans as are approved by the Board.

• The ESOP Pool shall constitute 5% (five percent) of the pre-Closing Share Capital as on the Effective Date and 3.70% (three point seventy percent) of the post-Closing Share Capital.

• The ESOP Pool and each Share and share option thereunder shall be automatically cancelled and cease to exist at the Effective Time.

• The Proxy Statement for the 1997 Company's Annual Meeting of Stockholders shall contain a proposal (the "Proposal") to stockholders to increase the Company's ESOP Pool by an additional 300,000 options for Common Stock, and such Proposal shall be recommended for approval to the Company's stockholders by the Company's Board of Directors.

• The Price Per Share reflects a Company pre-money fully-diluted valuation of US$ 79,902,386, which takes into account an increase of the number of Ordinary Shares, nominal value NIS 0.01 each, of the Company (“Ordinary Shares”) reserved for issuance under the Company's employee stock option plan (the "ESOP Pool") by 1,713 Ordinary Shares.

• No Name Number of Equity Shares held Number of Preference Shares held Number of Subscription Shares (CCPS) held Total Shares held (including ESOP Pool) Shareholding percent (fully diluted basis) 1.

• Any increase in the number of Shares reserved under the ESOP Pool shall be approved by the Requisite Investors.

• The Company further represents that options exercisable for only 6,555,845 Ordinary Shares from the ESOP Pool were issued to the Employees prior to the Closing.

• Founders agree that any change in the capital table of the Company, including but not limited to creation of ESOP Pool, raising a new round of investment through allotment of Company’s shares and transfer of shares to a third party, shall be subject to unanimous approval of the Founders.

More Definitions of ESOP Pool

ESOP Pool means the employee stock option/Equity Share pool created by the Company pursuant to the employee stock option scheme to be mutually agreed amongst the Founders and the Investors comprising of stock options and Equity Shares amounting to approximately 5.15% of the total Share capital of the Company on a Fully Diluted Basis. Each of such stock options would convert in to one Equity Shares and together with Equity Share pool, would be available for grant to either the employees/consultants or prospective employees/consultants of the Company, including the Key Employees, in the manner set out in the plan formulated for such purpose and approved by the Board;

ESOP Pool means a pool of Equity Shares designated as ESOPs and convertible into Equity Shares in terms of the employee stock option scheme as approved by the Shareholders and adopted by the Board from time to time;

ESOP Pool means such percentage of the share capital of the Company (on a Fully Diluted basis) earmarked for the purpose of issuance of ESOPs vide the ESOP Scheme, as indicated in SCHEDULE 3 of this Agreement.

ESOP Pool means the maximum number of equity shares available to the Company for granting of options to the employees in pursuance of this ESOP.

ESOP Pool means the pool of 77,980 (Seventy Seven Thousand Nine Hundred and Eighty) Equity Shares allotted to the Etechaces Employees Stock Option Plan Trust, in accordance with the Etechaces Employee Stock Option Scheme 2014 or the Employee Stock Option Plan 2020, both adopted by the Shareholders of the Company;