Common use of Equity Arrangements Clause in Contracts

Equity Arrangements. On the Commencement Date, Holdings will grant to Executive the right and option (the “Option”) to purchase, on the terms and conditions set forth in Holdings’ 2007 Equity Incentive Plan (the “Option Plan”) and the related option award agreement and provided such purchase is effected in accordance with any applicable requirements under the M&A, all or any part of 2,178,500 ordinary shares of Holdings, subject to adjustment as set forth in the Option Plan.

Appears in 2 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD)

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Equity Arrangements. On the Commencement Date, Holdings will grant to Executive the right and option (the “Option”) to purchase, on the terms and conditions set forth in Holdings’ 2007 Equity Incentive Plan (the “Option Plan”) and the related option award agreement and provided such purchase is effected in accordance with any applicable requirements under the M&A, all or any part of 2,178,500 1,089,200 ordinary shares of Holdings, subject to adjustment as set forth in the Option Plan.

Appears in 2 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD)

Equity Arrangements. On the Commencement Date, Holdings will grant to Executive the right and option (the “Option”) to purchase, on the terms and conditions set forth in Holdings’ 2007 Equity Incentive Plan (the “Option Plan”) and the related option award agreement and provided such purchase is effected in accordance with any applicable requirements under the M&A, all or any part of 2,178,500 778,000 ordinary shares of Holdings, subject to adjustment as set forth in the Option Plan.

Appears in 2 contracts

Samples: Employment Agreement (CBaySystems Holdings LTD), Employment Agreement (CBaySystems Holdings LTD)

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Equity Arrangements. On the Commencement Date, Holdings will grant to Executive the right and option (the “Option”) to purchase, on the terms and conditions set forth in Holdings’ 2007 Equity Incentive Plan (the “Option Plan”) and the related option award agreement and provided such purchase is effected in accordance with any applicable requirements under the M&Aagreement, all or any part of 2,178,500 ordinary 3,890,200 common shares of Holdings, subject to adjustment as set forth in the Option Plan.

Appears in 1 contract

Samples: Employment Agreement (CBaySystems Holdings LTD)

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