PSP. Awards granted under the PSP will vest and become exercisable, conditionally on the Effective Date, to the extent determined by the Consort Remuneration Committee in accordance with the terms of the PSP, with any options remaining exercisable from the date of the Offer for a period of one calendar month following the Effective Date. Any holding period will not apply in the circumstances of vesting and exercise of PSP awards in connection with the Offer.
Appears in 2 contracts
Sources: Co Operation Agreement, Co Operation Agreement