Examples of Resulting Issuer Equity Incentive Plan in a sentence
Briteside shall procure that the Resulting Issuer shall issue such employee stock plan grants, which may be pursuant to the Resulting Issuer Equity Incentive Plan, as may be necessary to accomplish, following the consummation of the Business Combination, the founder equity positions contemplated in Section C(4) of Schedule “A” of the May 15, 2018 binding letter of intent amongst SVT, Bxxxx, Briteside, and Sea Hunter Holdings, regarding pooling of the founders shares.
SVT shall procure that the Resulting Issuer shall issue such employee stock plan grants, which may be pursuant to the Resulting Issuer Equity Incentive Plan, as may be necessary to accomplish, following the consummation of the Business Combination, the founder equity positions contemplated in Section C(4) of Schedule “A” of the May 15, 2018 binding letter of intent amongst SVT, Bxxxx, Briteside, and Sea Hunter Holdings, regarding pooling of the founders shares.
Sea Hunter shall procure that the Resulting Issuer shall issue such employee stock plan grants, which may be pursuant to the Resulting Issuer Equity Incentive Plan, as may be necessary to accomplish, following the consummation of the Business Combination, the founder equity positions contemplated in Section C(4) of Schedule “A” of the May 15, 2018 binding letter of intent amongst SVT, Bxxxx, Briteside, and Sea Hunter Holdings, regarding pooling of the founders shares.
Bxxxx shall procure that the Resulting Issuer shall issue such employee stock plan grants, which may be pursuant to the Resulting Issuer Equity Incentive Plan, as may be necessary to accomplish, following the consummation of the Business Combination, the founder equity positions contemplated in Section C(4) of Schedule “A” of the May 15, 2018 binding letter of intent amongst SVT, Bxxxx, Briteside, and Sea Hunter Holdings, regarding pooling of the founders shares.
Equity Incentive Plan At the Clarmin shareholders’ meeting held on August 13, 2020, shareholders of Clarmin approved the Resulting Issuer Equity Incentive Plan, which was subsequently adopted by the Resulting Issuer on closing of the Amalgamation.
Anti-Hedging PolicyParticipants are restricted from purchasing financial instruments such as prepaid variable forward contracts, equity swaps, collars, or units of exchange funds that are designed to hedge or offset a decrease in market value of awards granted to them.The above summary is qualified in its entirety by the full text of the Resulting Issuer Equity Incentive Plan, which is set out in Appendix “D” to this Information Circular.
The Resulting Issuer Equity Incentive Plan, a copy of which is included in Appendix “D” – “Equity Incentive Plans” to this Information Circular, is proposed to be adopted for the Resulting Issuer upon completion of the RTO Transaction.
The Austpro Board encourages Austpro Shareholders to read the full text of the Resulting Issuer Equity Incentive Plan before voting on the Equity Incentive Plan Resolution.The Resulting Issuer Equity Incentive Plan is a “rolling” stock option plan.
After the Closing, the Company and Harvest shall use commercially reasonable efforts to continue to employ the Company Key Employees, which efforts shall include providing for such employees to participate in the Resulting Issuer Equity Incentive Plan on terms and conditions that are similar to Harvest’s existing officers and management.