Common use of No Consideration Clause in Contracts

No Consideration. ‌ (a) Performance Rights granted under the Plan will be issued for nil cash consideration. (b) Unless the Options are quoted on the ASX, Options issued under the Plan will be issued for no more than nominal cash consideration.

Appears in 6 contracts

Sources: Performance Rights and Option Plan, Performance Rights and Option Plan, Performance Rights and Options Plan

No Consideration. (a) Performance Rights granted under the Plan will be issued for nil cash consideration. (b) Unless the Options are quoted on the ASX, Options issued under the Plan will be issued for no more than nominal cash consideration.

Appears in 5 contracts

Sources: Performance Rights and Option Plan, Performance Rights and Option Plan, Performance Rights and Option Plan