Common use of Employee Shares Clause in Contracts

Employee Shares. 9.1 The Board shall have power to grant share options to the Key Employees, directors, consultants and officers of any Group Company to acquire Ordinary Shares pursuant to bona fide employment-related ESOP approved by the Board; provided that the total number of Shares issued or issuable pursuant to the ESOP shall not in aggregate exceed 5% of the fully-diluted issued share capital of the Company from time to time.

Employee Shares. 9.1 9.1. The Board shall have the power to grant share options to the Key Employeesemployees, directors, consultants and officers of any Group Company to acquire Ordinary Shares pursuant to bona fide employment-related the ESOP approved duly adopted by the Board; provided that the total number of Shares issued or issuable pursuant to the ESOP shall not in aggregate exceed 5% Board of the fully-diluted issued share capital of the Company from time to timeCompany.

Employee Shares. 9.1 10.1 The Board shall have power to grant share options to the Key Employeesemployees, directors, consultants and officers of any Group Company to acquire Ordinary Shares pursuant to bona fide employment-related the ESOP approved by the Board; provided that the total number of Shares issued or issuable pursuant . Immediately prior to the ESOP Completion, the Company shall not in aggregate exceed 5have reserved a total of 935,955 Ordinary Shares, representing 6.85% of the post-Completion outstanding Shares on fully-diluted issued share capital basis immediately following the date of this Agreement, assuming full conversion of the Company from time to timePreference Shares and full exercise of all outstanding options and other outstanding convertible and exercisable securities.