Celebrity Fashions grants stock options to employees
27 Jul '07
2 min read
The exercise price is determined in accordance with the provisions of SEBI (Employees Stock option Scheme and Employees Stock Purchase Scheme) Guidelines, 1999.
c) Vesting Period: The options granted would vest over a period of four years. The options shall vest by 50% at the end of third and fourth year on graded vesting proportion.
d) Exercise Period: The Employee has a period of 3 years to exercise the options covered at the end of each vesting period.
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