ESOP Options definition

ESOP Options has the meaning set forth in Article 6(a)(v).

ESOP Options means an option granted under by a member of the SMX Group under an SMX Employee Plan to acquire an SMX Share subject to the terms of the applicable SMX Employee Plan and the terms of grant.

ESOP Options means options classified as “Employee Share Option Plan” options or “ESOP” options or a “Special” option in the Register;

Examples of ESOP Options in a sentence

• Shares issued on the exercise of ESOP Options may, at the discretion of the Board, be subject to a restriction that they may not be transferred or otherwise dealt with until a restriction period has expired, as specified in the offer for the ESOP Options.

• The Company may permit ESOP Options to be exercised in certain circumstances where there is a change in control of the Company (including by takeover) or entry into a scheme of arrangement.

• ESOP Options will not be transferable and will not be quoted on the ASX, unless the offer provides otherwise or the Board in its absolute discretion approves.

• Any restrictions imposed by the Board must be set out in the offer for the ESOP Options.

• There are no participating rights or entitlements inherent in the ESOP Options and holders will not be entitled to participate in new issues of capital offered to shareholders of the Company during the currency of the ESOP Options.

More Definitions of ESOP Options

ESOP Options means options over St. Modwen Shares granted to employees and former employees of St. Modwen and its subsidiaries under the ESOP;

ESOP Options means the options to acquire new ordinary shares in CBD as more particularly described in clause 5.2.

ESOP Options means the options to purchase 800,000 common shares in the capital of BCH outstanding under the ESOP as at the date hereof.

ESOP Options means the options to purchase common shares in the capital of the Corporation outstanding, on a fully vested basis, under the ESOP from time to time.

ESOP Options means the stock options granted to directors and employees of Strand under the Strand Employees Stock Ownership Plans aggregating to 1,422,148 stock options.

ESOP Options means the stock options granted to employees of Strand under the Strand Employee Stock Option Plans administered under the ESOP.

ESOP Options means the options the subject of Resolution 2, each being to acquire one Share at an exercise price of $0.20 at any time before 26 October 2021 (subject to the options having vested);