Option Pool. Upon or immediately prior to the Closing, the Board of Directors and the shareholders of the Company shall have duly reserved 75,024,529 Class B Ordinary Shares to be issued to the Company’s employees, consultants, officers or directors in accordance with the ESOP.
Appears in 2 contracts
Sources: Series E Preferred Share Purchase Agreement (Missfresh LTD), Series E Preferred Share Purchase Agreement (Missfresh LTD)
Option Pool. Upon On or immediately prior to the Closing, the Board of Directors and the shareholders of the Company shall have duly reserved 75,024,529 Class B 4,444,445 Ordinary Shares to be issued to the Company’s employees, consultants, officers or directors in accordance with the ESOPESOP to be adopted following the Closing.
Appears in 1 contract
Sources: Series B Preferred Share Purchase Agreement (LightInTheBox Holding Co., Ltd.)