Employee Incentive Scheme Sample Clauses

Employee Incentive Scheme. 11.16.1 During the term of this Agreement, all employees are encouraged to bring forward their views to Management regarding ways in which their work or operations may be carried out more productively or efficiently.
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Employee Incentive Scheme. Tenants who are participating in the Employment Incentive Scheme will have their rent gradually increased to reduce the employment disincentive of a sudden increase in rent.
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Employee Incentive Scheme. The parties acknowledge and agree that the Company shall create an Employee Incentive Scheme in pursuance of which the Employee Allocation will be permitted to be issued.
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Employee Incentive Scheme. (i) the approval by the Stock Exchange of the Employee Incentive Scheme and the related transactions as will be set out in the Pricing Announcement and the Circular; and (ii) the satisfaction and/or waiver of the conditions precedent to the Employee Incentive Scheme as will be set forth in the Pricing Announcement and the Circular.
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Employee Incentive Scheme. Creation of an Employee Incentive Scheme On demand by the Board, but no later than 12 (twelve) months after the Effective Date, the Company will decide on the structure and benefits of an employee incentive scheme (whether that be by way of a grant of Shares or options to acquire Shares, or a bonus scheme referencing the value of the Company or otherwise) (the "Employee Incentive Scheme"). Only those employees who are not direct or indirect Shareholders in their own right are entitled to benefit from any benefits or proceeds that the Employee Incentive Scheme may distribute, unless decided otherwise by the Board. The style, structure, functioning, administration and rules of the Employee Incentive Scheme will be created, amended and managed by the Board (or someone it assigns to perform this function), who may vary any rule and decide on any distribution of funds or assets to the employees as it considers to be appropriate, provided that the style, structure, functioning, administration and rules may not conflict with anything in this Shareholders' Agreement and/or the MOI. The existing Shareholders understand and accept that the style, structure, functioning, administration and rules of the Employee Incentive Scheme may result in a dilution of the value of all Shares. Restriction of the rights of Shares held in terms of the Employee Share Scheme To the extent permitted by law, any Shareholders holding Shares in terms of the Employee Incentive Scheme will not enjoy the right to sell their Ordinary Shares in a tag along transaction as described in clause 5.3. To the extent that this is necessary, the terms of the Employee Incentive Scheme plan will require the participants in the Employee Incentive Scheme to renounce any right as set out in clause 5.3.
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Employee Incentive Scheme. Subject to relevant laws and regulations, the JVCO may adopt an employee option or similar employee incentive scheme by adoption of a resolution at the Shareholders’ Meeting (the “Incentive Scheme”)(the employees shall not have voting rights on those matters to be decided at the Shareholders’ Meeting as a result of such Incentive Scheme), provided that if such Incentive Scheme is converted into the shareholding of the JVCO, the shareholding upon conversion shall not exceed 10% shareholding of the JVCO. The adoption of such Incentive Scheme shall be subject to the mutual consent of the Parties to the JVCO. Investment Agreement
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Employee Incentive Scheme. 12.1 The Company will arrange and issue the employee incentive shares not more than [20] % of total amount of the Company’s shares. Transfer price of the incentive shares shall be the price of original capital contributions of the Company’s Sponsors, namely, RMB [1] per share.
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Employee Incentive Scheme. 10.1.1 The Company’s 2016 Equity Incentive Plan, as amended and restated from time to time, will be amended on or about the date hereof to increase the number of unallocated incentive awards with 1,000,000, following the Closing, on a post money basis, so the total unallocated portion immediately following the Closing shall represent 5.02% of the Company’s fully diluted capitalization.
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Related to Employee Incentive Scheme

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in the ongoing equity and other long-term awards and programs of the Company as determined in the sole discretion of the Board or a committee thereof.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Equity Award The Executive will be eligible to receive equity awards, if any, at such times and on such terms and conditions as the Board shall, in its sole discretion, determine.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

  • Equity Plan In the event the Company adopts an equity incentive plan or program (the "Equity Plan") for its key executives, the Executive shall be entitled to participate in the Equity Plan from and after the effective date thereof in accordance with the terms and conditions of such plan.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

  • Equity Incentive Plans Each stock option granted by the Company under the Company’s equity incentive plan was granted (i) in accordance with the terms of the Company’s equity incentive plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law. No stock option granted under the Company’s equity incentive plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, stock options prior to, or otherwise knowingly coordinate the grant of stock options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.

  • Annual Incentive Plan Executive shall be entitled to participate fully in the Company's 1996 Management Incentive Compensation Plan, as amended (the "MICP"), and as may be further amended, modified, or replaced, from time to time, in accordance with the terms and conditions set forth herein and therein.

  • Equity Incentive Compensation Executive shall be eligible to receive annual equity awards based on the Company’s and Executive’s actual performance, as determined by the Board or the Compensation Committee. Each such equity award granted to Executive hereunder shall be subject to the terms and conditions of the incentive plan pursuant to which it is granted and such other terms and conditions as are established by the Board or Compensation Committee and set forth in an award agreement evidencing the grant of such equity award.

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

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