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.