Employee Share Option Plan definition

Employee Share Option Plan or “ESOP” shall mean the employee share option plan of the Company adopted by the shareholders resolutions of the Company on September 5, 2018 and such other arrangements, contracts, or plans as are recommended by management and approved by the Board, with the written approval of the Majority Preferred Holders (as defined in the Shareholders Agreement and Restated M&A), in accordance with the Shareholders Agreement and Restated M&A.
Employee Share Option Plan means the 2018 Employee Share Option Plan duly adopted by the Board of Directors and approved by the Company;
Employee Share Option Plan the deed of adherence in the form set out in Schedule 4. any employee share option plan adopted by the Company.

Examples of Employee Share Option Plan in a sentence

  • Shareholders’ Agreement 9 Definitions 9 Departing Founders (Bad Leavers) 11 Anti-dilution 12 Right of First Refusal 14 Tag-Along 14 Drag-Along 15 Liquidation Preference 16 Employee Share Option Plan 17 Covenants 17 Reserved Matters.

  • The issue of any Ordinary Shares or other securities to any person [other than][including, for the avoidance of doubt] pursuant to] an Employee Share Option Plan.

  • Except as unanimously approved by the Board, shares or share options to be issued under the Employee Share Option Plan shall be subject to a minimum four (4) year vesting schedule no faster than the following, counting from the applicable grant date with respect to the total issued options or shares: twenty-five percent (25%) each at the end of the first twelve (12) months, twenty-four (24) months, thirty-six (36) months and forty-eight (48) months.


More Definitions of Employee Share Option Plan

Employee Share Option Plan or “ESOP” shall mean the employee share option plan of the Company and such other arrangements, contracts, or plans as are recommended by management and approved by the Board, the Investor, and other parties in accordance with the Shareholders Agreement.
Employee Share Option Plan means the Company’s Employee Share Option Plan, as adopted 18 April 2016 and as amended 25 May 2017;
Employee Share Option Plan means the employee share option plan of the Company to be adopted as soon as practicable after the Closing and such other arrangements, contracts, or plans as are recommended by management and approved by the Board and the Investor.
Employee Share Option Plan any employee share option plan adopted by the Company.
Employee Share Option Plan shall have the meaning ascribed to it in the Series C Purchase Agreement.
Employee Share Option Plan means the employee share option plan adopted by the Company, and approved in accordance with clause 6.1.16, pursuant to which options to acquire 231,208 Ordinary Shares may be issued;
Employee Share Option Plan means the Company's employee share option plan as varied from time to time.