Common use of Share Option Plan Clause in Contracts

Share Option Plan. Within [X] Business Days of the Completion Date, the Company shall adopt a Share Option Plan in a form acceptable to the Investor whereby options over Ordinary Shares (subject to a maximum option pool [equal to [10-20%] per cent of the Shares (excluding Treasury Shares) in issue immediately following Completion) may be granted to directors, and employees of the Company pursuant to the Share Option Plan in such number as may be decided by the Board (in both cases with Investor Consent).]

Appears in 4 contracts

Samples: Subscription and Shareholders' Agreement, Subscription and Shareholders' Agreement, Subscription and Shareholders' Agreement

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