Employee Scheme definition

Employee Scheme means any share related employmentincentive scheme or management incentive scheme if the aggregate amount outstanding under such schemes (including the employment or management incentive scheme in question) does not exceed five (5.00) per cent. of the outstanding share capital of the Company;
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Employee Scheme means any share related employment
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Employee Scheme means an employee benefit scheme to be established by the Company for the purpose of offering participation in that scheme to employees of the Company and to employees of the Company's subsidiaries;
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Examples of Employee Scheme in a sentence

  • Contribution to Life Insurance Corporation of India in respect of Employer Employee Scheme is at 15% of Salaries payable at the time of commencement of the scheme.

  • Such notices shall be deemed given: at the time delivered by hand, if personally delivered; one business day after being sent, if sent by reputable overnight courier service; at the time receipted for (or refused) on the return receipt, if sent by registered or certified mail; and at the time when confirmation of successful transmission is received by the sending facsimile machine, if sent by facsimile: in the case of Parent: Camelot Employee Scheme Inc.

  • Major terms of the Employee Scheme Subscription Agreement are set out below.

  • Pursuant to the Employee Scheme Subscription Agreement, the Asset Manager (as trustee of the Employee Stock Trust) has agreed to subscribe for a maximum of 21,189,000 new A Shares for a maximum subscription amount of approximately RMB505 million.

  • Pursuant to the applicable PRC laws and regulations, (i) the GPHL Subscription Agreement, the Employee Scheme Subscription Agreement and the transactions contemplated thereunder will be subject to the approval of the non-related Shareholders under the PRC laws at the EGM, the A Share Class Meeting and the H Share Class Meeting respectively, by way of special resolutions (see special resolutions Nos.

  • The participating employees will only contribute funds to the Employee Stock Trust for the Asset Manager (acting as trustee of the Employee Stock Trust) to make the Employee Scheme Subscription.

  • The scheme is split into a Managers Scheme and an All Employee Scheme.

  • On 12 January 2015, GPHL, a controlling shareholder of the Company, entered into the GPHL Subscription Agreement with the Company pursuant to which GPHL has agreed to subscribe for a maximum of 146,596,236 new A Shares for a maximum subscription amount of approximately RMB3,495 million and has given the GPHL Undertaking in case of any under-subscription of the Employee Scheme Subscription.

  • The Cabinet noted that the Leader will approve changes proposed to any of the executive delegations as set out in full in the Employee Scheme of Delegations.

  • As the Employee Scheme Subscription forms part of the Proposed Placing, details of rights of new A Shares under the Employee Scheme Subscription are the same as those under the Proposed Placing as set out in the sub-section headed “I.


More Definitions of Employee Scheme

Employee Scheme means a scheme for encouraging or facilitating the holding of IAG Securities by or for the benefit of:
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Employee Scheme means a Broad-Based Ownership Scheme in which a group of employees representing more than 90% of the employees of an Enterprise or 90% of the employees in a particular occupational category(ies) (as referred to in form EEA9 the Employment Equity Act) within an Enterprise. Employee Schemes may have the characteristics of Benefits Schemes or Distribution Schemes or hybrids of both;
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Related to Employee Scheme

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Company Employee Plan means any plan, program, policy, practice, contract, agreement or other arrangement providing for compensation, severance, termination pay, deferred compensation, performance awards, stock or stock-related awards, fringe benefits or other employee benefits or remuneration of any kind, whether written or unwritten or otherwise, funded or unfunded, including without limitation, each "employee benefit plan," within the meaning of Section 3(3) of ERISA which is or has been maintained, contributed to, or required to be contributed to, by the Company or any Affiliate for the benefit of any Employee, or with respect to which the Company or any Affiliate has or may have any liability or obligation;

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Business Employee means any individual employed by Seller in or in connection with the Business.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Secondment means temporary employment of staff by a beneficiary with the right for the staff to return to the previous employer;