SAFE Registration definition
Examples of SAFE Registration in a sentence
In this case, the Company retains the discretion to settle any Restricted Share Units for which the vesting conditions, but not the SAFE Registration Requirement, have been met in cash paid through local payroll in an amount equal to the market value of the Shares subject to the Restricted Share Units less any Tax-Related Items.
Settlement of the RSUs is conditioned on the Company's completion of a registration of the Plan with SAFE and on the continued effectiveness of such registration (the "SAFE Registration Requirement").
In this case, the Company retains the discretion to settle any Special Retention Awards for which the vesting conditions, but not the SAFE Registration Requirement, have been met in cash paid through local payroll in an amount equal to the market value of the Shares subject to the Special Retention Award less any Tax-Related Items.
To the knowledge of the Company, any record owner of any Equity Securities of the Company who is a PRC resident under the SAFE Circulars or is otherwise subject to the SAFE Registration Requirements, has fully complied with the SAFE Registration Requirements.
Within five Registration Business Days after the SAFE Registration Documents are delivered to the Trustee, the Issuer shall give notice to the Bondholders (substantially in the form scheduled to the Trust Deed and in accordance with Condition 17) confirming the completion of the Cross-Border Security Registration.
Settlement of the MSUs is conditioned on the Company's completion of a registration of the Plan with SAFE and on the continued effectiveness of such registration (the "SAFE Registration Requirement").
Seller shall have delivered, or caused to be delivered to Purchaser all the documents and materials to be executed and provided by Seller and the Company as Purchaser may reasonably require for the purpose of obtaining the SAFE Registration Voucher, provided that the new business license of the Company (and its photocopies affixed with the company chop of the Company) will be provided to Purchaser within one (1) Business Day following the AMR Approval.
In this case, the Company retains the discretion to settle any Special Retention Award for which the vesting conditions, but not the SAFE Registration Requirement, have been met in cash paid through local payroll in an amount equal to the market value of the Shares subject to the Special Retention Award less any Tax-Related Items.
From and after the Closing, the Founder and the Selling Shareholder shall use best efforts to cause the Company to register the Company’s Incentive Plans with SAFE on behalf of the applicable PRC Subsidiaries’ employees in compliance with the SAFE Registration Requirements as soon as practicable to the extent required by applicable Laws.
As soon as reasonably practicable after the First Closing, the Company shall register the Company’s Incentive Plans with SAFE in compliance with the SAFE Registration Requirements.