Examples of Incentive Option Plan in a sentence
None of the Directors are eligible to participate in the Coppermoly Ltd Employee Incentive Option Plan.
The Company has two Stock Option Plans (the 2006 Stock Incentive Plan and the 2016 Equity Incentive Option Plan) under which options for shares of common stock were granted to directors, officers and key employees.
Any options issued to employees under the Employee Incentive Option Plan vest to the employee only when they have achieved one continuous year of service to the entity.
The terms of the Coppermoly Ltd Employee Incentive Option Plan are outlined in note 22 to the Financial Statements.
In addition to the Incentive Option Plan (“IOP”) previously approved by the shareholders of ClearStream on November 30, 2009, the Board of Directors approved the Performance Share Unit (“PSU”) and Restricted Share Unit (“RSU”) Plan on January 31, 2017.
Teachers can elect to participate in only one of the mutually exclusive retirement plans; the Retirement Incentive Option Plan or the Early Retirement Option Plan.
NOTE 22 SHARE-BASED PAYMENTS (a) Coppermoly Ltd Employee Incentive Option Plan The Directors of the Company (“Directors”) may issue options to subscribe for shares in the Company to current part time or full time employees of the Company or of an Associated Body Corporate.
Teachers who retire with ten (10) years or more experience in District 15 will be permitted to enroll in the District medical/dental benefit plan at their own cost, for a period of five (5) years following retirement, except those retiring pursuant to Article XX paragraph B (Retirement Incentive Option Plan), Letter of Agreement 1: VSOP (contained in the 2006-2009 CTC Negotiated Agreement) the premium rate for such insurance shall be equal to 100% of the active employee rate.
Medical bills may be regulated as per thecircular/s received from CDN, IGNOU headquarters.
Schedule A Initial Allocation of Management Incentive Option Plan Employee % of total number of shares of common stock issued at closing(1) --------------------------------------------------------------------------- Xxxxx Xxxxxxxxx 1.500% Xxxxx Xxxxxx 0.625% Xxxxxxx Xxxxxxx 0.625% Xxxxxx Xxxxx 0.625% Xxxx Xxxxxxx 0.625% Xxxxx Xxxxx 0.625% Other Employees(2) 2.875% Total 7.500% -------------- 1 Closing of the Merger.