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. 11.16.2 Upon receipt of the proposal in writing, the Manager Works & Technical services shall acknowledge receipt in writing to the employee(s) concerned.
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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. 27.1 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. 27.2 Upon receipt of such proposal in writing, the Chief Executive Officer shall acknowledge receipt in writing to the employee(s) concerned. 27.3 The Chief Executive Officer and other relevant Managers shall give due consideration to the proposal and advise the employee(s) of any intention to implement changes arising from the proposal. 27.4 Where the changes lead to a quantifiable savings against the Council’s Budget, the employee(s) responsible for initiating the proposal shall be recognised by the Council in a form to be determined and reflective of the nature and quantity of savings achieved.
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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.
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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 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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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. 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. 12.2 The Employee Incentive Scheme shall be prepared according to internationally accepted practices, of which the distribution rules are: 12.2.1 to distribute 1.5 million shares under the Employee Incentive Scheme upon establishment of the Company; 12.2.2 to distribute another 1.5 million shares under the Employee Incentive Scheme from the establishment date of the Company to January 1, 2016, if there are some after-tax net profits of the Company in any fiscal year (including break even); 12.2.3 to distribute another 1.5 million shares under the Employee Incentive Scheme from the establishment date of the Company to January 1, 2016, if after-tax net profits of the Company in any fiscal year are not less than RMB18 million; 12.2.4 to distribute another 1.5 million shares under the Employee Incentive Scheme from the establishment date of the Company to January 1, 2016, if after-tax net profits of the Company in any fiscal year are not less than RMB36 million; 12.2.5 with respect to the undistributed incentive shares up to January 1, 2006, the board of directors shall formulate another employee incentive scheme; 12.2.6 the validity period of incentive shares will be 48 months, and the shares may be transferred equally on a monthly basis as of the date of distribution; 12.3 when the distribution of incentive shares is completed or the Company’s value increases due to other major events such as capital increase and financing, the original Employee Incentive Scheme shall be modified by the board of directors. 12.4 Preparation of and modifications to the Company’s Employee Incentive Scheme shall be subject to approval of the board of directors.
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Employee Incentive Scheme. Creation of an Employee Incentive Scheme Restriction of the rights of Shares held in terms of the Employee Share Scheme
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Related to Employee Incentive Scheme

  • Compensation Scheme If you make a complaint and we are unable to meet our liabilities, you may be entitled to compensation from the Financial Services Compensation Scheme. For investment business you will be covered up to a maximum of £85,000. Further information about these amounts and limits for all other product types are available from the FSCS at xxxx://xxx.xxxx.xxx.xx/what-we-cover/products We are required by the anti-money laundering regulations to verify the identity of our clients, to obtain information as to the purpose and nature of the business which we conduct on their behalf, and to ensure that the information we hold is up-to-date. For this purpose we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • 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 For purposes of this Agreement, “Equity Plan” means the CS Disco, Inc. 2021 Equity Incentive Plan, as amended from time to time, or any successor plan thereto.

  • 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 Upon the Closing, each incentive award in respect of the common stock of Seller Parent (a “Seller Parent Equity Award”) held by a Transferred Employee shall become vested or eligible to vest (subject to the satisfaction of any applicable performance goals) in a prorated amount, determined based on the number of days in the applicable vesting period elapsed as of the Closing Date. Effective as of the Closing, Purchaser or its Affiliates shall grant to each Transferred Employee an equity- or cash-based incentive award (a “Make-Whole Award”) with a grant date fair value that is no less favorable than the value of the portion of the Seller Parent Equity Awards forfeited by the Transferred Employee in connection with the Closing (which forfeited amount shall be disclosed to Purchaser Parent no later than five (5) Business Days prior to the Closing), which Make-Whole Award shall have terms and conditions that are no less favorable than the terms and conditions (including vesting schedule and accelerated vesting terms) that were applicable to the corresponding Seller Parent Equity Award. In the event that the post-Closing transfer of a Delayed Transfer Employee results in a larger portion of the Seller Parent Equity Awards held by such Delayed Transfer Employee becoming vested upon such Delayed Transfer Employee’s transfer of employment than if the employment of such Delayed Transfer Employee had transferred upon the Closing, then the incremental cost of such additional vesting (which cost shall be measured based on the taxable income the Delayed Transfer Employee either realized or would have realized had such awards been settled or exercised upon such Delayed Transfer Employee’s transfer of employment to Purchaser or its Subsidiaries) shall be considered Purchaser Assumed Employee Liabilities.

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