(m) a statement to the effect that the company shall comply with the applicable accounting standards. (l) the specified time period within which the employee shall exercise the vested options in the event of a proposed termination of employment or resignation of employee and in case of termination of employment for misconduct (k) the conditions under which option vested in employees may lapse e.g. (j) the method which the company shall use to value its options

(i) the maximum number of options to be granted per employee and in aggregate (g) the exercise period and process of exercise

(f) the exercise price or the formula for arriving at the same (e) the maximum period within which the options shall be vested (d) the requirements of vesting and period of vesting (c) the appraisal process for determining the eligibility of employees to the Employees Stock Option Scheme (b) identification of classes of employees entitled to participate in the Employees Stock Option Scheme

(a) the total number of stock options to be granted (2) The company shall make the following disclosures in the explanatory statement annexed to the notice for passing of the resolution. In case of a startup company, as defined in notification number GSR 180(E) dated 17th February, 2016 issued by the Department of Industrial Policy and Promotion, Ministry of Commerce and Industry Government of India, Government of India, the conditions mentioned in sub-clause (i) and (ii) shall not apply upto five years from the date of its incorporation or registration. (ii) a director who either himself or through his relative or through any body corporate, directly or indirectly, holds more than ten percent of the outstanding equity shares of the company. (i) an employee who is a promoter or a person belonging to the promoter group or (c) an employee as defined in clauses (a) or (b) of a subsidiary, in India or outside India, or of a holding company of the company but does not include. (b) a director of the company, whether a or not but excluding an independent director or (a) a permanent employee of the company who has been working in India or outside India or (1) the issue of Employees Stock Option Scheme has been approved by the shareholders of the company by passing a special resolution.Įxplanation: For the purposes of clause (b) of sub-section (1) of section 62 and this rule ‘‘Employee’’ Means company, other than a listed company, which is not required to comply with Securities and Exchange Board of India Employee Stock Option Scheme Guidelines shall not offer shares to its employees under a scheme of employees’ stock option (hereinafter referred to as “Employees Stock Option Scheme”), unless it complies with the following requirements, namely:. In the Namely URL, your subdomain appears before.

Check your organization's Namely subdomain.

If necessary, create and configure a new token for the connector.

To test the connection, create and run a chain with the connector's Get Report command, and verify it returns a valid output.

Select the environments to use with the connection, and click Save.

Under Properties, enter the connector's details:Įnter the API bearer token created in Namely for the connector.Įnter the subdomain for your organization's Namely.

Under Basic Info, enter a unique name and description to help identify the connection.

Under BizApp Connection, select Namely and the default CloudRunner.

From Chain Builder, click Connections compare_arrows, and then Create at the top right.

Set up the Namely connector Note: To make the connector available for use in your organization's chains, an org security administrator first enables it from Configuration.

Copy the PAT that appears for the connector's configuration.

On the Personal Access Tokens tab, enter a unique name to identify the connector's token, and click Create.

To secure the connection to the Namely API, the connector requires a bearer token-known as a personal access token (PAT)-created in Namely. Note: In the URL for your organization's Namely instance, the subdomain appears before.

An API personal access token created in Namely for the connector.

To enable the connection, the connector use the Namely REST API. For example, with this connector, you can: With the Namely® connector, you can use commands in a chain to interact with Namely.

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