Share Plans. The parties agree that the provisions of Schedule 3 shall apply in respect of the Share Plans.
Share Plans. The Company and the Bidder agree that the following arrangements will, where appropriate and subject to the Acquisition becoming effective in all respects, be implemented with respect to the Share Plans.
Share Plans. (a) An aggregate of 18,107,143 Ordinary Shares has been reserved for the issuance to officers, directors, employees and consultants of the Company according to a share incentive option plan adopted by the Board and approval by the Company’s Shareholders (the “Share Plan”). Unless approved by the Board (including the affirmative vote of the Majority Preferred Directors), all officers, directors, employees and consultants of the Company (the “Grantees”) who shall purchase, or receive options to purchase, shares of the Company under the Share Plan shall be required to execute share purchase or option agreements providing for (i) vesting of Shares over not less than a four (4) year period with the first twenty five percent (25%) of such shares vesting following twelve (12) months of continued employment or services, and the remaining shares vesting in equal monthly installments over the following thirty-six (36) months; and (ii) a one-hundred and eighty (180) day lockup period after the consummation of Company’s Qualified IPO.
(b) The Company shall retain a “right of first refusal” on the transfer of Ordinary Shares issued to the Grantees under the Share Plan until the consummation of the Qualified IPO. All unvested options shall lapse and all Ordinary Shares issued to the Grantees under the Share Plan may be repurchased by the Company upon resignation or termination of the Grantees’ employment or services with the Group Company with or without cause. The Company shall also retain the right to repurchase unvested shares at cost in connection with restricted shares purchased by a Grantee pursuant to any “early-exercise” provisions included in such Grantee’s option or restricted stock purchase agreement.
(c) Subject to applicable Laws, the Company shall, the Founders shall procure the Company to, cause all Grantees under the Share Plan not to exercise options prior to an IPO and completion of registrations required by applicable Laws.
Share Plans. Participants in the Virgin Money Share Plans will be contacted regarding the effect of the Acquisition on their rights under the Virgin Money Share Plans and provided with further details concerning the proposals which will be made to them in due course. Details of the proposals will be set out in the Scheme Document (or, as the case may be, the Offer Document) and in separate letters to be sent to participants in the Virgin Money Share Plans.
Share Plans. In the event the Acquisition is effected by way of an Offer, references to “Court Order” in this Schedule 1 will be read as if they refer to the date on which the Offer becomes or is declared unconditional in all respects.
Share Plans. You will no longer be eligible to participate in the PRUshareplus scheme, following your appointment to the role of CEO, PCA. Any outstanding interests in the plan will be treated in accordance with the rules of the plan.
Share Plans. The parties shall respectively take the steps and other actions provided for in Schedule III in relation to the Cxxxxx Share Plans.
Share Plans. The Parties agree that the provisions of the Schedule to this Agreement shall apply with respect to the Velocys Share Plans.
Share Plans. Public Sector Mobile Broadband Machine to Machine (M2M) Share Plans: Government Subscribers Only Public Sector Mobile Broadband 5 Gigabytes 10 Gigabytes 20 Gigabytes Monthly Access Charge $39.99 (90233) $59.99 (90234) $99.99 (90235) Shared Domestic Data Allowance 5GB 10GB 20GB Overage Per Gigabyte $8.00 Per Gigabyte NationalAccess Roaming $0.002 per Kilobyte Note: This plan is available for domestic data only devices, on the Verizon Wireless network only. Data Sharing: At the end of each xxxx cycle, any unused data allowances for lines sharing on the same account will be applied to the overages of the other lines on the same account beginning with the line with the lowest overage need. Plan changes may not take effect until the billing cycle following the change request. Current NationalAccess and Mobile Broadband coverage details can be found at xxx.xxxxxxxxxxxxxxx.xxx. New activations on these service plans require 4G LTE devices. Netbook, Smartphone, and Tablet devices are not eligible for Mobile Broadband M2M pricing. Existing customers transitioning to one of these service plans are able to utilize existing 3G devices. The 5GB, 10GB, and 20GB Public Sector Mobile Broadband Machine to Machine Plans are able to share with each other. Monthly Access Per Line when added to an eligible voice plan Data Allowance Rate After Allowance Optional Business Email Feature Compatible with server based email solutions $10.00 (3G 73702) (4G 76445) 75 MB $10.00 per each additional 75 MB of usage N/A $30.00 $23.40* (Smartphone 76375) (Basic 76381) 2 GB** $10.00 per each additional GB of usage $15.00 Notes: Current coverage details can be found at xxx.xxxxxxxxxxxxxxx.xxx. See attached Calling Plan and Feature Details for important information about calling plans, features and options. NationalAccess Roaming will be charged at $0.002 per KB (Canada) and $0.005 per KB (Mexico). *The $30.00/2GB data package is eligible for a 22% monthly access fee discounts when combined with select Business calling plans. **Smartphone Subscribers require a data package with a minimum allowance of 2GB. Personal Email Feature is included with all data packages contained herein. Monthly Access Fee $30.00† (85320/85322) $39.99 (84357) Domestic Monthly Data Allowance 2GB Unlimited Per GB Rate After Allowance $10.00 per each additional GB of usage NationalAccess Roaming $0.002 per KB(Canada)/ $0.005 per KB (Mexico) Domestic Per Minute Rate†† $0.25 per minute Domestic Long Distance Included Notes...
