Program, ghd hair straightener granted the stock option incentive plan to limit the incentive target of 30 million stock options; each stock option has the right to the vesting in the plan period in accordance with a predetermined exercise price of 39 yuan to purchase a share GHD stock. Incentive plan stock options granted to the incentive target involved in the total number of underlying stocks account for 2.38% of the total share capital of 126,http://au.ghdstraighteneraustraliax.net/071.33 shares.
ghd outlet as a result of one of the following situations occurs, you should terminate the stock option incentive plan, incentive targets under this scheme have been granted but not exercised the option shall terminate the exercise: the most recent fiscal year financial and accounting reports to be certified public accountant to issue a negative opinion or can not to express an opinion of the audit report; the last year the illegal activities of internal GHD by the China Securities Regulatory Commission administrative penalties; other circumstances determined by the China Securities Regulatory Commission.
In addition, ghd australia for the total number of shares covered by this Stock Option Incentive Plan, a total of 3,000 shares does not exceed 10% of the total share capital of the GHD. The total number of shares covered by incentive stock options granted to any single incentive target does not exceed 1% of the total share capital of the company. The incentive plan is approved, the GHD will inspire object directed to issue 3,000 shares of company stock as a source of stock for stock option incentive plan.
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