Examples of Scheme Company in a sentence
If a Beneficiary’s employer ceases to be a Scheme Company during the vesting period, the continued employment condition will be deemed not to have been satisfied.
Vesting of RSUs is subject to continued employment of the Beneficiaries with a Scheme Company over the vesting period.
All short term employee benefits are accounted for on an undiscounted basis.b) Post employment benefits Defined contribution plan:The Company's Provident Fund Scheme (Company contribution) and National Pension Scheme (Company contribution) is a defined contribution plan.
The Schemes shall be unaffected by any liquidation, dissolution or similar process in its jurisdiction of incorporation of either Scheme Company after the Effective Time and shall, in those circumstances, continue according to its terms.
It shall be a term of such recognition that the assignee or transferee of a Scheme Claim so recognised by the Scheme Company shall be bound by the terms of the Schemes and for the purposes of the Schemes shall be a Scheme Creditor.
The participation percentage for each Scheme Insurance Contract represents the percentage line underwritten or assumed by the Scheme Company under the Scheme Insurance Contract.
Specify the estimated amount of any claim or (where there is more than one claim) the aggregate estimated amount of any claims you have arising under each Scheme Insurance Contract underwritten by the Scheme Company that has been reported but not yet established and provide particulars of your estimate(s) in supporting schedules.
Specify the amount of any IBNR Claim or (where there is more than one claim) the aggregate amount of any IBNR Claims you have arising under each Scheme Insurance Contract underwritten by the Scheme Company that you consider has been incurred but not reported and provide particulars of your estimate(s) in a supporting schedule.
Scheme Shares Issue Under the Creditors’ Scheme, the Company will also implement the Scheme Shares Issue, under which the Company will allot and issue 140,000,000 New Shares at the issue price of HK$0.55 per Scheme Share to the Scheme Administrators or the Scheme Company for the benefit of the Creditors with Admitted Claims on a pro-rata basis for their Admitted Claims.
As the divestment of the Excluded Subsidiaries to the Scheme Company and the proposed transfer of all assets of the Company (including all receivables due from third parties, but excluding the Intangible Assets that are applied and used by the Operating Companies for the Water Purification Business and the assets of each Operating Company) to the Scheme Company is not extended to all the other Shareholders, such transfer constitutes a special deal under Note 4 to Rule 25 of the Takeovers Code.