Examples of Restricted Share Bonus Agreement in a sentence
Rights to acquire Shares under the Restricted Share Bonus Agreement shall be transferable by the Participant only upon such terms and conditions as are set forth in the Restricted Share Bonus Agreement, as the Board shall determine in its discretion, so long as Ordinary Shares awarded under the Restricted Share Bonus Agreement remain subject to the terms of the Restricted Share Bonus Agreement.
Each Restricted Share Bonus shall be evidenced by a Restricted Share Bonus Agreement which shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate.
Upon failure to meet the vesting conditions, Shares awarded under the Restricted Share Bonus Agreement shall be subject to a share reacquisition right in favor of the Company in accordance with the vesting schedule; provided, that any such Shares shall be reacquired without the payment of any consideration to the Participant.
Except as may otherwise be provided in the Restricted Share Bonus Agreement, in the event a Participant’s Continuous Service terminates, the Company shall reacquire (without the payment of any consideration) any of the Shares held by the Participant that have not vested as of the date of termination under the terms of the Restricted Share Bonus Agreement.
Each grant of shares pursuant to this Bonus Program shall be evidenced by a Restricted Share Bonus Agreement (referred to herein as an “award agreement”) containing such terms, consistent with this Bonus Program, as the Committee shall determine.
In the event a Participant’s Continuous Service terminates, the Company shall reacquire (without the payment of any consideration) any of the Shares held by the Participant that have not vested as of the date of termination under the terms of the Restricted Share Bonus Agreement.
In addition, third-party platform operators shall market the financial products in conformity with the online marketing contents which have been approved by the financial institutions, and shall not change the contents arbitrarily.
Each Restricted Share Bonus Agreement shall be subject to the terms and conditions of the Plan.
On the terms and conditions set forth in the Notice of Restricted Share Bonus Award (the “Notice”) and this Restricted Share Bonus Agreement (this “Agreement”), Essent Group Ltd., a Bermuda company (the “Company”) grants to the Participant on the Effective Date the “Restricted Shares” set forth in the Notice.