Examples of Royal Philips in a sentence
If Resolution 4 is passed, the Shares will be excluded in calculating the Company’s combined 25% limit in Listing Rules 7.1 and 7.1A, effectively increasing the number of equity securities the Company can issue without Shareholder approval over the 12-month period following the date of issue of the Shares.
The Supervisory Board, within the framework approved by the Company’s General Meeting of Shareholders and on the advice of the Remuneration Committee, can decide by discretion to grant Royal Philips Electronics restricted share rights, stock options and/or other equity related incentives to members of the Board of Management on a year-to-year basis.
The content of any website, including any website of Royal Philips, referred to in this Conflict Minerals Report is included for general information only and is not incorporated by reference in the Conflict Minerals Report or Form SD.
NXP Identification Licensing AgreementOn 29 May 2002, the Company (as the buyer) and Royal Philips (as the supplier) entered into the Philips Identification Licensing Agreement, the former title of the NXP Identification Licensing Agreement, whereby Royal Philips agreed to grant the Company a non-exclusive and non-transferable license over certain intellectual property rights relating to non-volatile memory and the EEPROM process technology for use in manufacturing the identification products.
Two US insurers were also involved in the Royal Philips deal: PICA acquired $450m of plan liabilities covering another 7,000 members, while American United Life Insurance Company issued annuity contracts to 3,000 deferred plan members, valued at $200m.
It executed a $450m transaction with the US subsidiary of Royal Philips covering 7,000 plan members in October and a €200m deal with ASR Nederland NV, a Dutch insurer in December.
Royal Philips has a two-tier board structure consisting of a Board of Management and a Supervisory Board, each of which is accountable to the General Meeting of Shareholders for the fulfillment of its respective duties.
In 2014, Marnix became Chief Legal Officer of Royal Philips and Member of the Executive Committee.
Although Royal Philips believes that the expectations reflected in such forward looking statements are based on reasonable assumptions, Royal Philips’ actual results and performance could differ materially from those set forth in the forward looking statements.
In addition, the Highway Authority has not been provided with any information relating to the layout of the proposed units to assess the number of off-street parking spaces It is assumed that the parking being referred to is to the rear of the building and it is understood that the premises have a right of access along the route that served the former health centre.