Option Scheme definition

Option Scheme means any scheme or plan which involves either the issue of options to acquire ordinary shares in the Company or the conditional award of ordinary shares in the Company which has been approved by the Company’s shareholders in a General Meeting.
Option Scheme means the proposed scheme of arrangement, substantially in the form set out in Annexure 2, under Part 5.1 of the Corporations Act between the Company and Scheme Optionholders as described in clause 4, subject to any alterations or conditions made or required by the Court and approved in writing by the Parties. Option Scheme Consideration means the consideration for the cancellation of the Options as set out in clause 4.3.
Option Scheme means a share option scheme or similar arrangement for the time being adopted for the grant or issue to eligible person of rights to acquire shares in the Company.”

Examples of Option Scheme in a sentence

  • The Company has not provided any Stock Option Scheme to the employees.

  • Options granted prior to such termination but not yet exercised at the time of termination shall continue to be valid and exercisable in accordance with the Share Option Scheme.

  • The Share Option Scheme will remain in force for a period of 10 years commencing on the date on which the Share Option Scheme is adopted.

  • The purpose of the Share Option Scheme is to enable the Group to grant options to selected participants as incentives or rewards for their contribution to the Group.

  • The scheme is governed by the Employee Stock Option Scheme and Employee Stock Purchase Guidelines issued in 1999 by SEBI and as amended from time to time.


More Definitions of Option Scheme

Option Scheme means the Company’s share option plan entitled “Orchard Therapeutics Limited Employee Share Option Plan, with Non-Employee Sub-Plan and US Sub-Plan with California Supplement”, as adopted by the Board on 14 September 2016;
Option Scheme means the TDLI Unapproved Executive Share Option Scheme 1999;
Option Scheme means this scheme of arrangement between PacMag and PacMag Optionholders under Part 5.1 of the Corporations Act, subject to any alterations or conditions made or required by the Court pursuant to section 411(6) of the Corporations Act and approved in writing by PacMag and Entrée;
Option Scheme means the Quest Investments Limited Employee Retention Option Scheme (2014) as contained in these Rules;
Option Scheme means the MEM Capital PLC 2004 Unapproved Executive Share Option Scheme, adopted by the Board on 7 July, 2004.
Option Scheme means the scheme of arrangement under part 5.1 of the Corporations Act between BRL Hardy and the Scheme Option Holders as described in clause 5.
Option Scheme means any scheme or plan which involves the issue of options to acquire Ordinary Shares in the Company and which has been approved by the Company’s shareholders in General Meeting.”