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Lock-in period and rights of the option-holder

..... .1 There shall be a minimum period of one year between the grant of options and vesting of option. [1][Provided that in a case where options are granted by a company under an ESOS in lieu of options h .....

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..... se of option. 9.3 The employee shall not have right to receive any dividend or to vote or in any manner enjoy the benefits of a shareholder in respect of option granted to him, till shares are issued .....

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