Examples of Proposed Grantee in a sentence
Subject to any early vesting of options pursuant to Share Option Scheme, all options granted under the Share Option Scheme will be subject to a vesting period of up to ten years to be determined with respect to each Proposed Grantee by the Board at the time of grant of the relevant option and stated in the offer to a Proposed Grantee.
Within 30 days after receipt of the notice and the remittance, the Company will allot and issue the relevant Shares to the Proposed Grantee credited as fully paid and issue to the Proposed Grantee a share certificate in respect of the Shares so allotted.
The independent non-executive Directors (excluding any independent non-executive Director who is a Proposed Grantee of the option(s)) will be required to approve each grant of options to a Director, chief executive or substantial shareholder of the Company or any of their respective associates.
In the absence of such requirements, a Proposed Grantee is not required to hold an option for any minimum period before the exercise of an option granted to him.
A Proposed Grantee may exercise his option in whole or in part (but, if in part, only in respect of a board lot or any integral multiple thereof) by giving notice in writing to the Company stating that the option is thereby exercised and specifying the number of Shares to be subscribed.
Subject to sub-paragraph (b), and unless otherwise determined by the Board and stated in the offer to a Proposed Grantee, no performance criteria are to be satisfied by a Proposed Grantee and/or the Company before the exercise of an option granted to him.
Patry, Patry on Copyright § 13:9 (2007) and citing the Ninth Circuit’s decision in Perfect 10, Inc.
The purpose of the Share Option Scheme is to recognise and acknowledge the contributions by Proposed Grantee (as defined in sub-paragraph (b) below) to the Company and the subsidiaries or invested entity and associated companies of the Company.
The independent non-executive Directors of our Company (excluding any independent non-executive Director of our Company who is a Proposed Grantee) will be required to approve each grant of Options to a Director, chief executive or Substantial Shareholder of our Company or any of their respective associates.
Date: Project Name: Grant Activity Title: Grant Start Date: Grant Completion Date: Proposed Grantee: Contact Information:Telephone:Email:Mailing Address: Dear Dr. /Mr. /Mrs.