Employee Share Scheme definition
Examples of Employee Share Scheme in a sentence
The Company shall pay to Employee an initial base salary of $50,000 per month (the “Base Salary”), less all applicable legal deductions and/or withholding.
No adjustment will be made to the Conversion Price when Shares or other securities (including rights or options) are issued, offered or granted to employees (including directors) of the Company or any Subsidiary of the Company pursuant to any Employee Share Scheme (as defined in the Trust Deed) (and which Employee Share Scheme is in compliance with the listing rules of the Hong Kong Stock Exchange or, if applicable, those of an Alternative Stock Exchange).
Instead, this document contains the information that an issuer must make available to its employees when relying on the Employee Share Scheme Exemption.
Accordingly, in reliance on the Employee Share Scheme Exemption, the Company has not prepared or filed a prospectus with any competent regulatory authority in the EEA in relation to offers made under the 2019 Plan and no such prospectus has been published in the EEA.
Other employees of the Lewis Group have been granted, in aggregate: • options to the value of R3,997,400 at the Offer Price under the Lewis Executive Share Option Scheme; • awards for no consideration to the value of R18,176,101 under the Lewis Executive IPO Restricted Scheme; and • awards for no consideration to the value of R34,543,000 under the Lewis All Employee Share Scheme.