Option holder rights withheld until exercise: no dividend, voting or shareholder benefits before share issuance. Regulation 19 provides that an employee granted an option shall not have entitlement to dividends, voting rights, or any shareholder benefits in respect ... Summary
Option holder rights withheld until exercise: no dividend, voting or shareholder benefits before share issuance.
Regulation 19 provides that an employee granted an option shall not have entitlement to dividends, voting rights, or any shareholder benefits in respect of the option until shares are issued upon exercise of the option, thereby conditioning shareholder privileges on exercise and share issuance.
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