Examples of Employee Stock Option Program in a sentence
Shares will not be issued under this Employee Stock Option Program unless the issuance and delivery of such Shares comply with (or are exempt from) all applicable requirements of law, including (without limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations, and the regulations of any stock exchange or other securities market on which the Company’s securities may then be traded.
Any earnings from such Employee Stock Option Program shall be subject to applicable taxes required by law to be withheld.
Moreover, neither the granting of an Employee Stock Option (as defined below) under the Employee Stock Option Program nor the existence of a contract of employment between a Holder and a Group company shall give the Holder any right or expectation to be granted additional Employee Stock Options at any time under the Employee Stock Option Program or otherwise.
Employee Stock Option Program transactions by an Access or Investment Person’s spouse or dependent living in the same household;vii.
Any such processing will be carried out in accordance with the Company’s legitimate interest in administering the Employee Stock Option Program and only to the extent permitted by and in full compliance with any applicable data protection laws and regulations.
Once the Holder will have logged-in and accepted the terms and conditions of the Employee Stock Option Program applicable to her/him, she/he will have the possibility (i) to upload money on the electronic platform (the “ Funds”) and (ii) to place requests on the said electronic platform in order to exercise some or all of her/his Employee Stock Options (the “Exercise Request”).
For the purposes of implementing, managing and administering the Employee Stock Option Program, and for the Holder to participate in the Employee Stock Option Program, it is necessary for the Company, acting as a data controller, and other companies in the Group to process the Holder’s personal data.
Shares were sold in the year to comply with a Management and Employee Stock Option Program, whose amount was R$3,572 and represented a net gain of R$1,085, which was recorded in a capital reserve.
Moreover, the granting of an Employee Stock Option shall not give the Holder any right or expectation to be granted additional Employee Stock Options at any time under the Employee Stock Option Program or otherwise.
The Employee Stock Option Program shall be effective as per 1 January 2019 (the “ Implementation Date”).