Examples of JSOP Shares in a sentence
If the Placing is approved by Shareholders, and following the grant of the Replacement JSOP Shares and New JSOP Shares, then immediately following Admission the Company’s issued share capital is anticipated to be 105,722,882 Ordinary Shares.
In addition, and pursuant to the terms of the Employee JSOP, the Company will grant cash awards to the participants that will deliver a cash payment to theparticipants on the vesting and release of their New Employee JSOP Shares of an amount equivalent to 30p per share (or, if less, the amount by which the prevailing share price exceeds 70p).
A participant has the right to the future increase in value of those JSOP Shares above an agreed threshold amount.
Neither the Trustee nor the participant can transfer their interest in the JSOP Shares without the consent of the other.
The Trustee and the participant hold their beneficial interests in the JSOP Shares in specified proportions.
The New Non-Employee JSOP Shares will vest over a three year period commencing on the date of the award.• Pursuant to the terms of the Non-Employee Option Schemes, to grant options to subscribe for up to 386,879 Ordinary Shares in total.
Investigative Process:If an athlete is reported to the school district the following process will occur: An appropriate staff member resolves the problem immediately by following District policy and building procedures.
Thus, the right to take action against the director lies with the company.
Subject to, amongst other things, Resolutions 5 and 7 being duly passed by the requisite majority at the General Meeting, it is expected that Admission will become effective and dealings in the Placing Shares and New JSOP Shares on AIM will commence on 10 June 2014.The total number of 42,857,142 Placing Shares to be issued pursuant to the Placing will represent approximately 40.5 per cent.
The New Employee JSOP Shares will vest depending on the achievement of share price targets and will be released one year later.• Pursuant to the terms of the Non-Employee JSOP, to issue 429,865 Ordinary Shares to the Trustee.