ESOP 2022 definition

ESOP 2022 means the ‘PCL Employee Stock Option Plan 2022’ under which the Company is authorized to grant Options to the Employees.

ESOP 2022 means this Archean Chemical Industries Limited Employee Stock Option Plan 2022’, under which the Company is authorized to grant Options to the Employees.

ESOP 2022 means the JNK Employees Stock Option Plan, 2022, as amended;

Examples of ESOP 2022 in a sentence

• The Options cancelled or lapsed or surrendered without being exercised will be available for further Grant under ESOP 2022.

• Provided that such employee shall submit relevant letter/ application as prescribed in Hardwyn ESOP 2022.

• Provided that such employee shall submit relevant letter/ application as prescribed in Hardwyn ESOP 2022, for said vesting with the Company within above mentioned period of 90 days from the expiry of 12 months from the date of grant.

• The maximum number of Options that shall be granted to a single Employee of the Company under ESOP 2022, shall not exceed 1% of the paid-up equity share capital of the Company in any one year at the time of Grant, unless a separate specific approval from shareholders of the Company through special resolution is obtained for grant of shares equal to or exceeding 1% of the issued paid-up share capital of the Company to any single Employee.

• The existing Nomination and Remuneration Committee (“NRC”/”Committee”) shall act as Compensation Committee for the administration and implementation of RRIL ESOP 2022 in terms of Regulation 5(1) and Regulation 5(2) of the SEBI SBEB Regulations.

• No benefit other than grant of Options under ESOP 2022, and any consequential grant of equity shares of the Company is contemplated under the ESOP 2022.

• In the event any one or more of the provisions contained in this ESOP 2022 shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect the other provisions of this ESOP 2022, but ESOP 2022 shall be construed as if such invalid, illegal, or unenforceable provision had never been set forth herein, and the ESOP 2022 shall be carried out as nearly as possible according to its original intent and terms.

• RESOLVED FURTHER THAT the Board be and is hereby authorized to take necessary steps for listing of the Equity Shares allotted under the ESOP 2022 on the Stock Exchanges as per the provisions of the SEBI Listing Regulations and other applicable laws and regulations.

• Options granted under ESOP 2022 shall vest not earlier than 1 year and maximum upto 10 years from the date of grant of such Options.

• The maximum number of options that can be granted under ESOP 2022 is 9,00,000 (Nine Lakhs) equity shares of face value of Rs. 2/- each.

More Definitions of ESOP 2022

ESOP 2022 means Gandhar Employee Stock Option Plan - 2022.

ESOP 2022. / “Plan” means this employee stock option plan of the Company under which the Company is authorized to grant Employee Stock Options to the Employees.

ESOP 2022 means the Stock Option Scheme 2022 under which the Company is authorized to grant Stock Options to the Employees.

ESOP 2022 means the Rustomjee Employee Stock Option Plan 2022;