Mr H De Mello v Innovate Energy Solutions Ltd: 6022866/2025

28. Was Mr de Mello a Bad Leaver? This is a defined term in the EMI scheme. It provides: “Bad Leaver” means an Option Holder who ceases to be employed by or hold office with the Company and all other Group Companies and who is not a Forced Leaver, a Good Leaver or a Voluntary Leaver;” … “Good Leaver” means an Option Holder who ceases to be employed by or hold office with the Company and all other Group Companies at any time by reason of: (a) death; (b) permanent incapacity; (c) redundancy; (d)…