Examples of EMI Award in a sentence
All data were reviewed and discussed by the construction faculty who agreed to the findings listed below.LIMITATIONSThe CM Program objectives listed in the survey were approved in 2001.
Notwithstanding any provision of the Rules, the Participant may not transfer any of his rights under it, and no Option comprised within an EMI Award may be exercised more than one year after the date of the Participant's death.
Any Dividend Equivalent paid in connection with an EMI Award shall be deemed to be provided in connection with a non-EMI Award of equivalent size and outside the scope of Schedule 5.
There shall be no requirement for a Certificate in relation to an EMI Award, which shall be evidenced by an EMI Agreement.
Accordingly, references in the Rules to a Certificate shall not apply to an EMI Award.
Impact of Non-Compliance with Schedule 5 If any Award granted as an EMI Award does not meet the requirements of Schedule 5 when granted or thereafter, it shall continue to subsist as an Award granted under the Plan and the relevant EMI Agreement.
An Invitation in relation to an EMI Award may either comprise an invitation to apply for an EMI Award or may notify the grant of an EMI Award to the Participant and enclose the EMI Agreement for counter signature by the Participant, or may be in such other for as the Board considers appropriate, notwithstanding the Rules.
Limits No person shall be granted an EMI Award which would, at the time it is granted, result in: (a) that person exceeding the maximum entitlement as prescribed in paragraph 5 of Schedule 5 (currently £250,000 worth of shares subject to subsisting EMI options and/or CSOP options); or (b) a breach of paragraph 6 of Schedule 5 (further three-year limit).
You should read this Letter (including this Questions and Answers Appendix) in conjunction with the Scheme Document.APPENDIX 2: UK TAX SUMMARY This tax summary is intended as a general guide to the UK tax implications of exercising your EMI Awards and participating in the Scheme in respect of Ideagen Shares you acquire under your EMI Award if you are resident and domiciled for tax purposes in the UK only, at all material times.