Share Incentives. The Executive shall be eligible to be considered for the grant of options or other rights over AMEC ordinary shares from time to time under the terms of any relevant share-based incentive plan of the Company or rights under other AMEC long term incentive plans from time to time. The timing, size and conditions of any award to the Executive thereunder shall be in the discretion of the Remuneration Committee of the Board. Any such awards shall be governed exclusively by the rules of the relevant plan, and shall constitute a separate contract from this Agreement, and neither the fact of such award or the rules of any such plans shall be interpreted as giving the Executive any right or claim to be retained in the Company’s employment.
Appears in 2 contracts
Sources: Service Agreement (Amec PLC), Service Agreement (Amec PLC)