Existing ESOP definition

Existing ESOP means an employee option pool of reserved 420,000,000 Ordinary Shares.
Existing ESOP the CompareAsia Group Capital Limited 2015 Equity Plan adopted by the Directors prior to the date of this Agreement.
Existing ESOP means the Company’s 2006 Global Share Plan, under which an aggregate of 5,224,126 Ordinary Shares have been reserved to be issued to officers, directors, employees and consultants of the Company and the Company’s 2010 Global Share Plan, under which an aggregate of 5,373,659 Ordinary Shares have been reserved to be issued to officers, directors, employees and consultants of the Company.

Examples of Existing ESOP in a sentence

  • The fully diluted pre-money capitalization of the Company shall consist of 1,071,000,000 Ordinary Shares held by ZAT, 1,029,000,000 Ordinary Shares held by Sinolink, 206,164,594 Ordinary Shares held by Warrior, and 420,000,000 Ordinary Shares reserved for the Existing ESOP.

  • Other than the Existing ESOP and the Warrant Shares (as defined in the Shareholders Agreement), the Existing Shares comprise the whole of the Company’s allotted and issued share capital, which have been properly allotted and issued and are fully paid or credited as fully paid.

  • Other than the Existing ESOP, the Warrant and the RPSs held by Warrior and Sinolink, the Existing Shares comprise the whole of the Company’s allotted and issued share capital, which have been properly allotted and issued and are fully paid or credited as fully paid.

  • The fully diluted pre-money capitalization of the Company shall consist of 1,257,824,052 Ordinary Shares held by ZAT, 1,259,272,864 Ordinary Shares held by Sinolink, 221,309,952 Ordinary Shares held by Warrior, 75,726,794 Ordinary Shares held by AIA and 420,000,000 Ordinary Shares reserved for the Existing ESOP immediately prior to the Initial Closing.


More Definitions of Existing ESOP

Existing ESOP has the meaning set out in Clause 5.1.

Related to Existing ESOP

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

  • Prior Plan means the coverage provided on a group or group-type basis by the group insurance policy, benefit plan or service plan that was terminated on the day before the Effective Date of the Plan and replaced by the Plan.

  • Prior Plans means, collectively, the Company’s 2006 Long-Term Incentive Plan, as amended, 2009 Long-Term Incentive Plan, 2012 Long-Term Incentive Plan and 2013 Long-Term Incentive Plan. Awards granted under the Prior Plans continue to be governed under the terms of those Prior Plans.