Share Incentive Scheme definition
Examples of Share Incentive Scheme in a sentence
You will be entitled to participate in the MiX Telematics Executive Share Incentive Scheme.
The Loan is provided by the Group to Tianjin Chengrui to repurchase interests in the Share Incentive Platforms from exiting participants of the Subsidiary Share Incentive Scheme, including participants who ceased to be employees of AAC Optics Group, in accordance with the relevant terms of the Subsidiary Share Incentive Scheme.
Employees shall be entitled to receive payments upon the achievement of agreed targets in accordance with the Operational Performance Improvement Gain Share Incentive Scheme.
After such repurchase of interests, Tianjin Chengrui will hold the repurchased interests as reserve for future awards to eligible employees of the AAC Optics Group and relevant personnel, and thus be used for continued operation of the Subsidiary Share Incentive Scheme.
The Company shall take all action necessary to cause all Options granted under the Company 2006 Share Incentive Scheme that would be Unvested Options as of immediately prior to the Effective Time to become exercisable prior to the Closing, subject to the occurrence of the Closing, during a reasonable period specified by the Company (the “Exercisable No-Cash-Out Options”).