Mobvoi Inc. has announced the grant of awards under its Post-IPO Restricted Share Unit (RSU) Scheme. Under the scheme, selected participants are eligible to receive shares, either through new share issuance or acquisition of existing shares. The awards are subject to vesting over four years, with no mandatory performance targets unless specified by the Board or Administration Committee. There is no clawback mechanism attached to the award shares, though provisions exist for lapsing and cancellation of awards under certain circumstances.

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