Share Limit. The granting of Options must respect the maximum limit of 7.0% (seven percent) of the Share Capital of Azul on a Fully Diluted Basis (“Global Grant Limit”).
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Sources: Indenture (Azul Sa), Indenture (Azul Sa)
Share Limit. The granting of Options must respect the maximum limit of 7.0% (seven percent) of the Share Capital of Azul on a Fully Diluted Basis (“Global Grant Limit”).
5.1.1. For the purposes of this Plan, “Share Capital of Azul on a Fully Diluted Basis of Azul” means the sum of:
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