Examples of Subsidiary Share in a sentence
The Subsidiary Share Option Scheme is subject to the requirements under Chapter 17 of the Listing Rules.
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.
Each Award of SARs shall entitle the Recipient, subject to vesting and other terms as set forth in the EIP (including without limitation the Equity Incentive Agreement), to receive upon an Acquisition Date a number of Shares determined by reference to the appreciation in the FMV of a Company Share or Participating Subsidiary Share, as applicable, over the Measurement Price, from and after the Award Date.
The Subsidiary Share Incentive Plan is valid for ten years after its adoption.
The Offer Letter shall state, among others, the Option Period during which the Option may be exercised, which period shall be determined in the Offer Letter to grant the Option and shall not exceed five years from the date a Grantee has served in office for at least two years from the date of the resolution of a general meeting of DreamCIS Shareholders or the DreamCIS Board granting the Option (subject to the provisions for early termination contained in the Subsidiary Share Option Scheme).
On 5 September 2018, Livzon Cayman adopted the Subsidiary Share Incentive Scheme, pursuant to which it may allot ordinary shares up to approximately 7.50% of its then total outstanding ordinary shares to its directors, employees, advisers and consultants of Livzon Cayman and/or any of its affiliates who, in the sole opinion of the administrator of the Subsidiary Share Incentive Scheme, have contributed or will contribute to Livzon Cayman and/or any of its affiliates.
The Subsidiary Share Option Scheme complies with the applicable requirements under Chapter 17 of the Listing Rules.
As at the Latest Practicable Date, no share option was granted pursuant to the Subsidiary Share Incentive Scheme.
The Subsidiary Share Option Scheme will remain in force for a period of ten years commencing on the date on which the Subsidiary Share Option Scheme is adopted.
The Company adopted the 2016 Share Option Scheme, the Subsidiary Share Incentive Plan and the Share Award Scheme on 13 May 2016, 2 April 2016 and 13 April 2018, respectively.