This legal opinion addresses adjustments to the stock option exercise price and quantity, as well as the grant price and quantity of restricted stock for the 2023 incentive plan. It outlines the conditions for the third vesting period and the third exercise period, along with the cancellation of certain restricted stocks and stock options. The adjustments are aimed at aligning the incentive plan with current market conditions.
Summary generated by AI · Always verify with source document
Beijing Tianyuan Law Firm has been engaged by Shenzhen City Xinxin Materials Co., Ltd. to provide legal opinions regarding the adjustments to the 2023 stock incentive plan, including the exercise price and quantity of stock options, the grant price and quantity of restricted stock, the conditions for the third vesting period, and the conditions for the third exercise period, as well as the cancellation of certain restricted stocks and stock options.
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.