Scheme Mandate Limit definition

Scheme Mandate Limit means the number of Shares which may be issued upon exercise
Scheme Mandate Limit means the maximum number of Shares that may be issued upon exercise of all options to be granted under the Scheme and any other share option scheme(s) of the Company.”
Scheme Mandate Limit. ’ means the total number of Shares which may be issued

Examples of Scheme Mandate Limit in a sentence

  • Options lapsed in accordance with the terms of the New Share Option Scheme will not be counted for the purpose of calculating the Scheme Mandate Limit.

  • Options lapsed in accordance with the terms of the Share Option Scheme will not be counted for the purpose of calculating the Scheme Mandate Limit.

  • Options previously granted under the Share Option Scheme and any other schemes of our Company (including those outstanding, cancelled, lapsed or exercised in accordance with the terms of the Share Option Scheme or any other schemes of our Company) shall not be counted for the purpose of calculating the Scheme Mandate Limit as refreshed.

  • The Scheme Mandate Limit may be renewed with prior approval of the shareholders of the Company.

  • However, the refreshed Option Scheme Mandate Limit cannot exceed 10% of the Shares in issue as at the date of such approval.

  • Options lapsed in accordance with the terms of the Share Option Scheme and (as the case may be) such other share option schemes of the Company will not be counted for the purpose of calculating the Scheme Mandate Limit.

  • Subject to the limit mentioned in (e)(i) above, the Company may also seek separate approval of the Shareholders in general meeting for granting Options beyond the Scheme Mandate Limit provided that the Options in excess of the Scheme Mandate Limit are granted only to Eligible Participants specifically identified by the Company before such approval is sought.

  • The total number of shares in respect of which Awards may be granted under the Share Award Scheme and any other share award schemes of the Company shall not exceed 3% of the shares in issue as at the Adoption Date (the “Scheme Mandate Limit”), or 3% of the shares in issue as at the new approval date of the renewed Scheme Mandate Limit.

  • The Options cancelled will be regarded as utilised for the purpose of calculating the Scheme Mandate Limit and Service Provider Sublimit.

  • The Company may also seek separate approval by its shareholders in general meeting for granting options beyond the renewed Scheme Mandate Limit provided the options in excess of such limit are granted only to Participants specifically identified.


More Definitions of Scheme Mandate Limit

Scheme Mandate Limit. ’ means the maximum number of Shares which may be issued upon exercise of all options to be granted under the Share Option Scheme, which shall not in aggregate exceed 10% of the Shares in issue as at the date of approval of the renewal of such limit.’’
Scheme Mandate Limit has the meaning ascribed thereto in paragraph 8.2;
Scheme Mandate Limit means the limit on the total number of Shares which may beissued in respect of all options to be granted under all share option schemes of the Company approved by the shareholders of the Company, which must not exceed 10% of the issued shares of the Company at the date of the Shareholders' approval of the limit;
Scheme Mandate Limit means the maximum number of Shares that may be issued upon exercise of all options to be granted under the Share Options Scheme and any other share option scheme(s) of the Company.” By order of the Board ofImagi International Holdings Limited Kitchell Osman BinActing Chairman Hong Kong, 7 October 2016Notes:
Scheme Mandate Limit. ’ means the total number of Shares which may be

Related to Scheme Mandate Limit

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