Search Results for "directors resolution"

Essentially, a Directors’ Resolution to Approve Fundraising with Convertible Notes is a form of short-term debt that converts into equity.  Usually, it is of use in a fundraising event. Basically, this allows investors to provide a loan to the company in exchange for shares in the company versus principal and interest and future repayment. Basically, […]

What is a Shareholder’s Resolution to Appoint Directors?

  A newly incorporated company, whether public or private, needs to appoint its first auditors. Generally, this is put in place by the board of directors of the company by passing a resolution (Director’s resolution or Board resolution) within a certain time limit. Different countries have different time limits. For example, in Hong Kong, the […]

An Employee Share Option Plan (ESOP) is a scheme that sets out the framework under which share options go to its employees. It’s a common mechanism to incentivise employees. What is an Employee Share Option Plan? A share option plan is commonly used by companies to attract, reward, and retain talents. Yypically their employees. Additionally, […]

A Shareholders’ Resolution to Adopt Share Option Plan is a resolution by the shareholders of a company to approve the adoption of an Employee Share Option Plan (ESOP). When a company decides to incentivise or reward its employees for their contributions to the company by giving them an option to purchase the company’s shares (share […]

“Online and on the line” John Barclay, Managing Director of Primasia Corporate Services Limited Primasia Corporate Services Limited Setting up or running a business in Hong Kong? Get company secretarial services with this add-on to your Zegal Professional Plan. It gives you what you need to stay compliant: 1) Access to board resolutions* with support from co sec […]

An Employee Share Option Plan (ESOP) is a scheme that sets out the framework under which share options go to its employees. It’s a common mechanism to incentivise employees. What is an Employee Share Option Plan? A share option plan is commonly used by companies to attract, reward, and retain talents. Yypically their employees. Additionally, […]

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