Examples of TSXV Policy 4.4 in a sentence
Cash-Based Awards and Other Share-Based Awards shall, subject in all respects to compliance with TSXV Policy 4.4, be evidenced by Award Agreements in such form as the Committee shall establish.
For the purposes of this Section 14.1, the foregoing terms shall have the meaning attributed to them in Section 1.2 of TSXV Policy 4.4 as that Policy is in effect on the date of this Agreement and as the same may be amended from time-to-time.
If Kaizen does not issue a news release to fix the exercise price pursuant to TSXV Policy 4.4, the Discounted Market Price is calculated using the last closing price before the date of the grant (less the applicable discount).
As part of the transition, the Company adopted the 2016 Plan that is compliant with the TSXV Policy 4.4. As a result, no new stock options can be granted under the 2009 Plan.
Notwithstanding any other provision of this Plan, at all times when the Corporation is listed on the TSXV, the Corporation shall maintain timely disclosure and file appropriate documentation in connection with Option grants made under this Plan in accordance with TSXV Policy 4.4.
Any extensions of options granted under this Option Plan are subject to any applicable regulatory or stock exchange approvals required at such time and the limitations imposed by TSXV Policy 4.4.
If the Common Shares are listed and posted for trading on the TSXV, prior acceptance by the TSXV, and if required pursuant to TSXV Policy 4.4, approval of the Company's shareholders, of any such assumption, continuation or substitution will be required.
Pursuant to TSX-V Policy 4.4 – “Incentive Stock Options”, all TSX-V listed companies are required to adopt a stock option plan.
The Plan is substantially similar to the previous share option plan, except that it was revised to comply with the amendments made to the TSX-V Policy 4.4 Incentive Stock Options, which became effective as at May 8, 2013.
Because the Corporation issued the Pending Options prior to receiving Shareholder approval for the Option Plan, the Corporation must obtain disinterested Shareholder approval for the grant in accordance with section 3.10(a)(iv) of TSXV Policy 4.4 – Incentive Stock Options (“Policy 4.4”).