Examples of Incentive Equity Plan in a sentence
Notwithstanding the foregoing, the HoldCo Incentive Equity Plan will allow HoldCo to reprice the awards granted thereunder without the approval of the stockholders of HoldCo.
For the avoidance of doubt, the terms of the Sponsor Lock-Up and Support Agreement, any subscription agreements entered into in connection with the PIPE Financing, the Registration Rights Agreement, the First Plan of Merger, the Second Plan of Merger, the A&R AoA, the Incentive Equity Plan and the Company Shareholder Lock-Up and Support Agreement shall not be affected by this Section 11.15.
On or before the Closing Date, the Company shall approve and subject to Company Shareholder Approval, if applicable, adopt the Incentive Equity Plan (with such changes as may be agreed to in writing by SPAC (such agreement not to be unreasonably withheld, conditioned or delayed)), with such terms of the equity grants thereunder as contained in Section 6.10 of the Company Disclosure Letter.
Within seven (7) Business Days following the expiration of the sixty (60)-day period following the date the Company has filed current Form 10 information with the SEC reflecting its status as an entity that is not a shell company, the Company shall file an effective Registration Statement on Form S-8 (or other applicable form) with respect to Company Ordinary Shares issuable under the Incentive Equity Plan.