Examples of Amalco Option Plan in a sentence
Amalco Stock Option PlanThe Amalco Option Plan is similar to the 10% rolling stock options program administered by the CDNX and its purpose is to assist directors, officers, employees and consultants of Amalco and any of its subsidiaries to participate in the growth and development of Amalco.
Amalco be authorized to grant additional stock options pursuant and subject to the terms and conditions of the Amalco Option Plan, entitling the option holders to purchase up to 2,626,056 common shares of Amalco.
The total number of shares which may be issued under the Amalco Option Plan is approximately 2,626,056 and it is anticipated that these options will be granted immediately after closing of the Proposed Qualifying Transaction.
The total number of Amalco Shares which may be issued under the Amalco Stock Option Plan is approximately 2,626,056 The total number of Amalco Shares which may be granted to any optionee under the Amalco Stock Option Plan shall not exceed 5% of the outstanding Amalco Shares, and the maximum number of Amalco Shares which may be reserved for issuance to insiders under the Amalco Option Plan may not exceed 10% of the outstanding Amalco Shares.
The stock option plan attached to the amalgamation agreement dated September 16, 2001 ("Amalco Option Plan"), be and is hereby approved as the Amalco Option Plan which on the effective date of the amalgamation of the Corporation and Thermolabile Technologies Corporation Inc.
Subject to the Articles of Arrangement and to applicable Law, the Preferred Shares as a class will not be entitled to receive notice of or to attend or vote at meetings of Amalco Shareholders.Incentive Plans of Amalco Please see section “Part III— New Incentive Plans” of this Information Circular for a description of the proposed Amalco Option Plan and Amalco Share Unit Plan.
The Preo Securityholders' Meeting and CDG Securityholders' Meeting shall also be and be deemed to be shareholders' meetings for Amalco for the purposes as set out in the Information Circular, including, inter alia, approval of the Amalco Option Plan.