Examples of Joint Offerors in a sentence
The Joint Offerors are of the view that it is important for the Company to retain him as both a member of the senior management of the Group and a Shareholder after the completion of the Scheme so that he will be incentivised to continue to contribute to the development of the Group.
Further, while keeping OOIL management teams and global service network, the Joint Offerors shall retain the existing compensation and benefit system at OOIL and not terminate the employment of any Employee at OOIL as a result of this transaction for at least 24 months after the Offer Closing Date, except for staff movements which are part of the normal conduct of business or due to personal performance or conduct issues.
The Offeror and the Joint Offerors will make an application for consent from the Executive in relation to the Management Participation conditional on the Independent Financial Adviser to the Independent Board Committee confirming that the Management Participation is fair and reasonable, and the passing of an ordinary resolution by the Independent Shareholders at the General Meeting to approve the Management Participation.
Any acceptance by such overseas holders of the Scheme Shares will be deemed to constitute a representation and warranty from such persons to the Company, the Joint Offerors and their respective advisers, that those laws and regulatory requirements have been complied with.
The Offeror and the Joint Offerors would like to allow the Participating Management Shareholders to roll over their respective shareholding interests in the Company through WMVL after the Scheme becomes effective.