Understand the terms we use

Share-Based Payment Arrangement

An agreement between the entity (or another group entity or any shareholder of any group entity) and another party (including an employee) that entitles the other party to receive:

(a) cash or other assets of the entity for amounts that are based on the price (or value) of equity instruments (including shares or share options) of the entity, or another group entity; or

(b) equity instruments (including shares or share options) of the entity, or another group entity,
provided the specified vesting conditions, if any, are met.