Common use of SHARE SCHEMES Clause in Contracts

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.

Appears in 5 contracts

Samples: Agreement (Barclays Bank PLC /Eng/), Agreement (Barclays Bank PLC /Eng/), Dated                                                      2003 (Barclays Bank PLC /Eng/)

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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, the Executive’s status and responsibilities and Barclays Group performance as well as his own performanceperformance and the awards made to other executive directors. Barclays reserves the right to withdraw, amend or replace the plan at any time.

Appears in 1 contract

Samples: Agreement (Barclays Bank PLC /Eng/)

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