Common use of ESOP Increase Clause in Contracts

ESOP Increase. Each of the Investors acknowledges and agrees that the increase in the number of Class A Ordinary Shares reserved for ESOP to 5,456,192 shares will be duly completed prior to the Closing.

Appears in 2 contracts

Samples: Share Purchase Agreement (LAIX Inc.), Share Purchase Agreement (LingoChamp Inc.)

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ESOP Increase. Each of the Investors acknowledges and agrees that the increase in the number of Class A Ordinary Shares reserved for ESOP to 5,456,192 shares will be duly completed prior to the Closing.. Execution version

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement

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