Equity Structure. Schedule 2.22(b) of the Seller Disclosure Letter sets forth, as of the Agreement Date, the issued Equity Interests of the China JV and their holders of record. The Company owns the Equity Interests of the China JV as set out against the Company’s name in such Schedule, free and clear of all Encumbrances. There are no issued, reserved for issuance, promised and ungranted or outstanding options, warrants, stock appreciation rights, restricted share units, phantom stock, calls, subscriptions or other rights to acquire from the China JV or other obligations of the China JV to issue or allot, any Equity Interests, other than under the China JV 2019 Equity Incentive Plan approved and adopted by the board of directors of the China JV on November 13, 2019, pursuant to which options exercisable for up to 13.3285% of the registered capital of the China JV were reserved.
Appears in 3 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement, Share Purchase Agreement (Nvidia Corp)