Examples of Company Omnibus Plan in a sentence
Other than Company Shares reserved for issuance out of the Company’s conditional share capital for the purpose of satisfying entitlements under the Company Omnibus Plan, the Company has no shares resolved or reserved for issuance out of its conditional share capital or authorised share capital.
The Company agrees that no Company Shares held by the Company or any of its subsidiaries will be tendered pursuant to the Offer or sold or otherwise disposed of or in any way encumbered after the date hereof, and that no Company Shares will be purchased by the Company or any of its subsidiaries, except in connection with the satisfaction of existing entitlements under the Company Omnibus Plan.
Upon any issuance of any Company Shares in accordance with the terms of the Company Omnibus Plan, such Company Shares will be duly authorised, validly issued, fully paid and non-assessable and free and clear of any lien, charge, pledge, security interest, claim or other encumbrance.
No other awards are expected to vest prior to the Offer Closing Date save in good leaver circumstances in accordance with the rules of the Company Omnibus Plan and any award agreements thereunder.
The overall cash value of grants under the Company Omnibus Plan (including to Section 16 Officers) in March 2014 (including the Company Award already granted to Xx Xxxxx in 2014) will not exceed the total value of grants under the Company Omnibus Plan in 2013 (including to Section 16 Officers), in each case calculated at the relevant date of grant.
The Company Options shall not be exchanged or otherwise replaced by this Plan of Arrangement, and, subject to this Section 3.1(e)(i), shall continue to be governed by the Company Omnibus Plan or Previous Stock Option Plan, as applicable, on the same terms and conditions as were applicable to such Company Options immediately prior to the Effective Time.
Except as set forth in Section (5) of the Company Disclosure Letter, no advance notice of the Arrangement and the Transaction is required to be given to holders of Company Awards or Company Warrants (including Company Certificated Warrants) pursuant to the terms of the Company Omnibus Plan, Previous Company Stock Option Plan and Company Warrants (including Company Certificated Warrants), as applicable.
All Company Options, Company RSUs, Company DSUs and Zenabis Replacement Options have been issued in compliance with all applicable Laws, including Securities Law, and the terms of the Company Omnibus Plan, if applicable, and the issuance of the Company Shares under the Company Omnibus Plan and Zenabis Replacement Options has been duly authorized by the Board.
For the sake of clarity, these terms are: You will be eligible to participate in the annual equity program for corporate officers under the Xxxxxxx Kodak Company Omnibus Plan (the “Omnibus Plan”).
On March 5, 2018, the Company announced it had resolved to adopt a new omnibus equity incentive plan for the Company ("Omnibus Plan") that would replace the existing Plan.