Examples of Subsidiary Share in a sentence
The Subsidiary Share Option Scheme is subject to the requirements under Chapter 17 of the Listing Rules.
The Subsidiary Share Incentive Plan is valid for ten years after its adoption.
Participants for the reserved grant shall be determined within 12 months from the date on which the Subsidiary Share Incentive Scheme is considered and passed at the general meeting.
SHARE OPTION SCHEMES As disclosed above, the Company has adopted the Pre-IPO Share Option Scheme, Post-IPO Share Option Scheme and Subsidiary Share Option Scheme.
The total number of shares of common stock issued and to be issued upon the exercise of options granted and to be granted to each Service Provider (as defined in the Subsidiary Share Incentive Plan) (including both exercised and outstanding options) in any period of twelve (12) consecutive months up to and including the date of grant shall not exceed 1% of shares of common stock in issue as at the date of grant.
The Subsidiary Share Option Scheme does not specify the requirements as to minimum period for which an option must be held or minimum performance targets that must be reached before the option can be exercised in whole or in part.
Options lapsed in accordance with the terms of the Subsidiary Share Option Schemes shall not be counted for the purpose of calculating the Scheme Mandate Limit.
Subject to the above, in all other respects, in particular, in respect of Options remaining outstanding on the expiry of the 10-year period referred to in this paragraph, the provisions of the Subsidiary Share Option Scheme shall remain in full force and effect.
The Board believes that the Disposal is beneficial as in the absence of the consensual Disposal, it was likely that the Trustee would have proceeded with its enforcement action under the Explorer Subsidiary Share Charges and completed the transfer/disposal of JEPL and JDPL as the Obligors were unable to satisfy the payment demanded by the Trustee pursuant to the Acceleration Letter.
Seazen Holdings shall engage a legal adviser to give professional advice to the Seazen Holdings Board on whether such adjustment is in compliance with the Administrative Measures, the articles of association of Seazen Holdings and the Subsidiary Share Incentive Scheme.