Examples of Share Option Plans in a sentence
Share Option Plans Following a reorganisation (the “Reorganisation”) in 2005, the Company established an option plan (the “Serica 2005 Option Plan”) to replace the Serica Energy Corporation Share Option Plan (the “Serica BVI Option Plan”).
The latter process generally means one less laborer, but possibly at the sacrifice of treatment effectiveness.
Options Granted Under the Company’s Previous Share Option Plans 2.11 Any option granted pursuant to a stock option plan previously adopted by the Board which is outstanding at the time this Plan comes into effect shall be deemed to have been issued under this Plan and shall, as of the date this Plan comes into effect, be governed by the terms and conditions hereof.
Share Option PlansUnder the Share Option Plans, options not exceeding 10% of the issued common shares of the Company, may be granted to its directors, officers and employees.
Share Option Plans The Company operates three discretionary incentive share option plans: the Serica Energy Plc Long Term Incentive Plan (the "LTIP"), which was adopted by the Board on20 November 2017 which permits the grant of share-based awards, the 2017 Serica Energy plc Company Share Option Plan (“2017 CSOP”), which was adopted by the Board on 20 November 2017, and the Serica 2005 Option Plan, which was adopted by the Board on 14 November 2005.