Examples of Share Purchase Option in a sentence
The Company's Share Purchase Option Plan allows the Company to grant up to 10% of the issued and outstanding shares of the Company at any one time, typically vesting over two years, subject to regulatory terms and approval, to its directors, employees, officers, and consultants.
At each exercise of the Exclusive Share Purchase Option decided by Party A, a notice specifying the number of Purchased Shares to be acquired from Party B by Party A (“Share Purchase Notice”), shall be served by Party A to Party B and Party C (the form of the Share Purchase Notice is attached hereto as Appendix I).
At its Annual and Special General Meeting held in January 2004, shareholders of the Company approved a Share Purchase Option Plan in accordance with the policies of the TSXV.
Share Purchase Option Compensation PlanThe Group has a share purchase option plan approved by the Group’s shareholders that allows the Board of Directors to grant share purchase options, subject to regulatory terms and approval, to its officers, directors, employees, and service providers.
When exercising its Share Purchase Option or Assets Purchase Option, Party A may accept by itself the Optioned Shares or Optioned Assets, or designate the Designee to receive the Optioned Shares or Optioned Assets in whole or in part.
The Table lists share purchase options (“Options”) granted during the noted fiscal year under the Company’s Incentive Share Purchase Option Plan (the “Plan”).
The Parties hereby agree that, upon Party A’s exercise of its Share Purchase Option and/or Asset Purchase Option, all the transfer price received by Party B and/or Party C shall be paid to Party A or any other party designated by it free of charge after deducting the relevant taxes and fees.
Party C hereby agrees that each of Party C’s shareholders grants the Share Purchase Option to Party A.
Amended Share Purchase Option Plan dated as of September 30, 1999, including any amendments or modifications thereof, or any successor plan that may be adopted by the Board of Directors of the Company.
The payment method of the Purchase Price shall be determined by Qiyi Cayman and/or the Nominees and the Selling Party through negotiations in accordance with the laws then applicable upon exercising the Share Purchase Option.