ESOP Pool definition

ESOP Pool means the pool for Shares and share options established by the Company for its employees, non-employee directors, officers and consultants, which contains shares and options to purchase 1,570,509 Shares.
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ESOP Pool means the aggregate employee stock option pool of the Company including all the options granted under the ESOP Scheme 2014 and the CEO ESOP Scheme 2014 which shall be 12.5% (Twelve decimal point Five Percent) of the Share Capital of the Company on a Fully Diluted Basis;,
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ESOP Pool means the pool available for grant of stock options to employees and SMP, as amended from time to time after complying with the requirements set forth in this Agreement.
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Examples of ESOP Pool in a sentence

  • Further on 23rd July, 2016, 16th August, 2016, 16th August, 2016, 7th December, 2019, 19th January, 2022 and on 14th March, 2022, 17th June, 2022 and 25th June, 2022 the ESOP Pool was amended respectively.

  • No Name of Seller (as in bank records) Number of Equity Shares held Number of Preference Shares held Total Shares held (including ESOP Pool) Shareholding percent (fully diluted basis) 1.

  • The scheme offers ownership interest to the workforce and increases their participation in the Company.Craving ESOP Pool and granting ESOP stocks helps the Founders to maintain adequate stack and control in the Company.

  • The Board of Directors in their meeting held on April 20, 2021 and pursuant to recommendation of Nomination and Remuneration Committee, approved the increase in size of ESOP Pool for grant of options to eligible employees under the Employee Stock Option Scheme-2017 from 9,00,000 (Nine Lakhs) options to 15,00,000 (FifteenLakhs) options convertible into equity shares of ` 10/ each of the Company.

  • The ESOP Pool shall have been duly reserved prior to the Closing.

  • The unallocated ESOP Pool consists of 11,16,994 Equity Shares of the Company.

  • The last increase in the ESOP Pool to the policy was approved by the members in their meeting held on March 26, 2021.

  • Founders agree that any change in the capital table of the Company, including but not limited to creation of ESOP Pool, raising a new round of investment through allotment of Company’s shares and transfer of shares to a third party, shall be subject to unanimous approval of the Founders.

  • Your Company intends to continue with its current ESOP Plan in order to attract and retain key talent working with the CL Group by way of rewarding their performance and motivating them to contribute to the overall corporate growth and profitability.The CL ESOP Plan 2014 of the Company was originally established with an ESOP Pool of 2,50,000 options with face Value per share being Rs. 10/-.

  • The Board of Directors on the recommendation made by the Nomination and Remuneration Committee in its meeting held on July 14, 2021 had accorded its approval in relation to the increase in ESOP Pool of ESOP 2019 of the Company, subject to the approval of the members of the Company.


More Definitions of ESOP Pool

ESOP Pool means such percentage of the share capital of the Company (on a Fully Diluted basis) earmarked for the purpose of issuance of ESOPs vide the ESOP Scheme, as indicated in SCHEDULE 3 of this Agreement.
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ESOP Pool means the pool of 77,980 (Seventy Seven Thousand Nine Hundred and Eighty) Equity Shares allotted to the Etechaces Employees Stock Option Plan Trust, in accordance with the Etechaces Employee Stock Option Scheme 2014 or the Employee Stock Option Plan 2020, both adopted by the Shareholders of the Company;
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ESOP Pool means the maximum number of equity shares available to the Company for granting of options to the employees in pursuance of this ESOP.
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ESOP Pool means a pool of Equity Shares designated as ESOPs and convertible into Equity Shares in terms of the employee stock option scheme as approved by the Shareholders and adopted by the Board from time to time;
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ESOP Pool means the employee stock option/Equity Share pool created by the Company pursuant to the employee stock option scheme to be mutually agreed amongst the Founders and the Investors comprising of stock options and Equity Shares amounting to approximately 5.15% of the total Share capital of the Company on a Fully Diluted Basis. Each of such stock options would convert in to one Equity Shares and together with Equity Share pool, would be available for grant to either the employees/consultants or prospective employees/consultants of the Company, including the Key Employees, in the manner set out in the plan formulated for such purpose and approved by the Board;
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ESOP Pool means 37,54,208 Options of the Company reserved for issuance upon exercise of the stock option granted under the Plan out of which 12,50,177 Options of the Company have been granted to the Employees of the Company prior to the amendment of the Plan;
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Related to ESOP Pool

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Matching Contribution Account means that portion of a Participant’s Account established to record Matching Contributions on behalf of a Participant. Matching Contributions shall be deemed to be invested in the Company stock, and a Participant shall not be permitted to elect a different Deemed Crediting Option for such Matching Contributions.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Individual Account Means the account established and maintained under this Plan for each Participant in accordance with Section 4.01.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Exempt Loan means an indebtedness arising from any extension of credit to the Plan or the Trust which satisfies the requirements set forth in Section 6.3 and which was obtained for any or all of the following purposes:

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Qualified Matching Contributions means any Participating Employer Contributions to this Plan on behalf of Eligible Employees, provided that amounts attributable to such contributions are not distributable merely on account of the Employee’s hardship and are immediately vested.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • frozen account means an account with a relevant institution which is held or controlled (directly or indirectly) by a designated person;

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Employer Stock means any class of common stock of Quest Diagnostics or the preferred stock of Quest Diagnostics that is convertible into common stock.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.