SHARE SCHEMES. The Executive will be entitled to participate in such share schemes as the Client may operate upon such terms as the Board may from time to time determine and subject always to the rules and eligibility requirements of the scheme or schemes from time to time in force.
SHARE SCHEMES. 6.1 The Executive will be considered on an annual basis for participation in the Barclays PLC Incentive Share Option Plan subject to the rules of the plan in force from time to time. Any award by Barclays will be entirely at its discretion provided such discretion is exercised reasonably and in good faith having regard to status, responsibilities and Barclays Group performance as well as his own performance. Barclays reserves the right to withdraw, amend or replace the plan at any time.
SHARE SCHEMES. 13.1 The Executive shall be entitled to participate in the Company’s share and share option schemes in place from time to time (the “Share Schemes”). With respect to any award made to the Executive under a Share Scheme:
SHARE SCHEMES. The provisions of Schedule 5 (Employee Share Schemes) set out the arrangements proposed in relation to the Prudential Incentive Plans.
SHARE SCHEMES. 10.1 Any shares or share options which the Executive has at the Commencement Date under any of the Group's share plans will be unaffected by this Agreement.
SHARE SCHEMES. 11.9 It is acknowledged that you may, during the Employment, be granted rights upon the terms and subject to the conditions of the rules from time to time of the Reuters Group PLC Long Term Incentive Plan or any other profit sharing, share incentive, share option, bonus or phantom option scheme operated by the Company or any other Group Company with respect to shares in the Company or any other Group Company. If, on termination of the Employment and any other employment within the Group,, whether lawfully or in breach of contract you lose any of the rights or benefits under such schemes (including rights or benefits which you would not have lost had the Employment and any other employment within the Group, not been terminated) you shall not be entitled, by way of compensation for loss of office or otherwise howsoever, to any compensation for the loss of any rights under any such scheme.
SHARE SCHEMES. 5.11.1 The Seller shall accelerate the conditions for the vesting of any Restricted Stock Units awarded to any director or employee of any Target Company or any Embedded NSC so that such Restricted Stock Units and Stock Options shall vest prior to Completion.
SHARE SCHEMES. The provisions of Schedule 2 to this letter (Share Schemes and Employee Matters) shall apply in respect of the Share Schemes and the employees of the Group to the extent set out therein.
SHARE SCHEMES. Participants in the Betfair Share Schemes will be contacted separately regarding the effect of the Merger on their outstanding awards and options under the Betfair Share Schemes and will be provided with further details concerning the proposals which will be made to them in due course. Paddy Power and Xxxxxxx have agreed that the participants in the Paddy Power Share Schemes will be treated equitably with the participants in the Betfair Share Schemes in determining whether any adjustment to their entitlements is necessary to reflect the impact of the Merger on those schemes. Betfair LTIP Paddy Power and Betfair have agreed that outstanding awards granted under the Betfair Long Term Incentive Plan (“Betfair LTIP Awards”) in 2013/14, 2014/15 and 2015/16 will not vest on Completion but will be replaced by awards over an equivalent number of Paddy Power Betfair shares (calculated by reference to the Exchange Ratio) which will have the same normal vesting dates as the original awards but be subject to certain absolute vesting levels. The vesting levels of the replacement awards will be crystallised on grant reflecting the extent to which the Betfair Remuneration Committee considers that the performance conditions applying to the relevant awards would have been satisfied at the end of the original vesting periods (the “Betfair Fixed Vesting Level”). The Betfair Fixed Vesting Levels for each of the awards will be as follows: • 2013/14 LTIP awards – 100 per cent. of the underlying shares vesting in full on the normal vesting dates between July 2016 and April 2017; • 2014/15 LTIP awards – 100 per cent. of the underlying shares vesting in full on the normal vesting dates between June 2017 and March 2018; and • 2015/16 LTIP awards – a proportion of the underlying shares vesting in full on the normal vesting date in July 2018. This proportion will be the time-pro rata proportion of the three year vesting period (from July 2015) which has elapsed at the later of the date of Completion and the date on which the 2015 Performance Based Award (as defined below) becomes effective. In the case of the 2015/16 awards, an additional replacement award will be granted in respect of the balance of the awards that is not reflected in the Betfair Fixed Vesting Level which will be capable of vesting in July 2018 according to the extent to which specified performance conditions relating to the performance of the Combined Group are satisfied (the “2015 Performance Based Award”). These ...
SHARE SCHEMES. 13.1 The Company is not a participating company in any scheme approved under section 185 or 186.
