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.

  • For the avoidance of doubt, if the shareholders of the Company adopt a share capital structure with weighted voting rights for certain Ordinary Shares in the future, the Shares that may be issued from the ESOP Pool will not carry any special voting right(s) and will not be entitled to more than one vote per Share on any matters submitted for approval to the shareholders of the Company.

  • Subject to the terms and conditions hereof, Seller agrees to sell and convey the entirety of Seller’s right, title and interest in the Property to Buyer, and Buyer agrees to purchase all of Seller's right, title and interest in and to the Property.

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

  • 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.

  • Any increase in the number of Shares reserved under the ESOP Pool shall be approved by the Requisite Investors.

  • The ESOP Pool shall constitute 5% (five percent) of the pre-Closing Share Capital as on the Effective Date and 3.70% (three point seventy percent) of the post-Closing Share Capital.

  • The members of the Company in its Extra-ordinary General Meeting held on July 7, 2021 approved to increase the ESOP Pool from 2,28,213 fully paid-up equity shares in the Company of face value Rs. 10/- each to 45,64,260 fully paid-up Shares in the Company of face value of Rs. 2/- each and also to align the ESOP Scheme with the SEBI ESOP Regulations.

  • With the recent acquisition and expansion of the stores and employees in the southern region along with planned expansion in future, the Company recognises the need to expand its current ESOP Pool from existing 2,00,000 (Two lakh) Options to 5,00,000 (Five lakh) Options i.e. which may dilute the interest of shareholders by less than 2.6%.


More Definitions of ESOP Pool

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 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 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 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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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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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 the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • 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 Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • 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).

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

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

  • Super Top Heavy Plan means a plan described in Section 2.2(b).

  • 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.