Company Share Incentive Plan definition
Examples of Company Share Incentive Plan in a sentence
Each such option assumed by the Purchaser shall continue to have, and shall be subject to, the same terms and conditions as applied to the option immediately prior to the Closing (but taking into account any changes thereto provided for in the Company Share Incentive Plan, any award agreement, or any other contract or agreement, including by reason of this Agreement or the transactions contemplated hereby).
E-House shall use commercially reasonable actions to facilitate the Purchaser’s assumption of all outstanding options and other equity incentives granted under the Company Share Incentive Plan pursuant to Section 1.3.
As of the date hereof, options to purchase 455,000 Ordinary Shares have been granted and are outstanding under the Company Share Incentive Plan, of which none will become vested and exercisable by the holders thereof as of the Closing.
At the REIT Effective Time, all Company Options shall be cancelled and the Company Share Incentive Plan shall terminate.
The Company shall take such actions as are necessary to ensure that the Company Share Incentive Plan shall terminate as of the REIT Effective Time.