Appropriate Proposals Sample Clauses
The 'Appropriate Proposals' clause defines the standards and requirements for proposals submitted under an agreement, ensuring that only those proposals meeting specified criteria are considered valid. Typically, this clause outlines what constitutes an appropriate proposal, such as compliance with technical specifications, submission deadlines, or required documentation. By setting clear expectations for proposal content and format, the clause helps streamline the evaluation process and prevents disputes over incomplete or non-compliant submissions.
Appropriate Proposals. Subject to applicable confidentiality, legal and regulatory requirements, Charles Taylor agrees to co- operate with and provide such details to LMP Bidco in relation to the Charles Taylor Share Plans as LMP Bidco may reasonably require in order to make appropriate proposals to the participants in the Charles Taylor Share Plans, as provided for in Rule 15 of the Code (the “Proposals”), including the proposals as set out in paragraphs 6 to 18 below. The Proposals will take the form of a joint proposal from Charles Taylor and LMP Bidco to participants in the Charles Taylor Share Plans which will be sent by Charles Taylor at a time agreed with LMP Bidco. Charles Taylor has confirmed that the only share incentive arrangements it operates as at the date of this Agreement are the Charles Taylor Share Plans and has provided LMP Bidco with accurate details of all subsisting options and awards to acquire Charles Taylor Shares under the Charles Taylor Share Plans, including, for the avoidance of doubt, ‘phantom’ or cash-settled options and awards as at the date of this Agreement, together with details of all options and awards (including, for the avoidance of doubt, any dividend equivalent payments settled in Charles Taylor Shares) expected to be granted between the date of this Agreement and the Effective Date, as set out below. Charles Taylor has confirmed that, other than as specifically provided for in this Schedule 2, Charles Taylor has not agreed to make any payment, provide any benefit or make any award of cash or Shares to any Charles Taylor Directors or any employees of the Charles Taylor Group in connection with, or arising as a consequence of, the Acquisition. Long Term Incentive Plan 1,298,086 Deferred Annual Bonus Plan 2,413,993 Retention Share Award Plan 601,219 Restricted Share Plan 609,833 Sharesave Scheme 1,186,758
Appropriate Proposals. Subject to applicable confidentiality, legal and regulatory requirements, the Company agrees to co- operate with and provide such details to the Bidder in relation to the Share Plans as the Bidder may reasonably require in order to make appropriate proposals to the participants in the Share Plans, as provided for in Rule 15 of the Code ("Rule 15", the “Proposals”), including the Proposals as set out in paragraphs 6 to 22 below. The Proposals will take the form of a joint proposal from the Company and the Bidder to participants in the Share Plans which will be sent by the Company at a time agreed with the Bidder, at the same time the Scheme Document is posted to Shareholders or such other time. The Company has confirmed that the only share incentive arrangements it operates as at the date of this Agreement are the Share Plans and has provided the Bidder with details of all subsisting options and awards to acquire Shares under the Share Plans.
Appropriate Proposals. 3.1 The Bidder and TClarke acknowledge that the Scheme Record Time (as defined in the Announcement) shall take place after the Court Sanction Date, to allow those Participants who acquire TClarke Shares on or before the Court Sanction Date to have those TClarke Shares acquired by the Bidder and dealt with through the Scheme.
3.2 The Bidder and TClarke intend to jointly write to Participants on, or as soon as practicable after, the posting of the Scheme Document to inform them of:
3.2.1 the impact of the Scheme on their LTIP Awards and Sharesave Options and the extent to which their LTIP Awards and Sharesave Options will vest (if not already vested) and, as appropriate, become exercisable, in accordance with the provisions of this Part 1 of Schedule 2;
3.2.2 the proposals made to them by the Bidder under Rule 15 of the Code (the "Proposals"); and
3.2.3 any actions they may need to take in connection with their LTIP Awards and Sharesave Options as a result of the Scheme.
Appropriate Proposals. 2.1 ITW undertakes to make appropriate proposals in accordance with Rule 15 of the Code to participants in the Share Schemes (the “Proposals”).
2.2 Subject to applicable confidentiality, legal and/or regulatory requirements, the Company undertakes to ITW to co-operate with and to provide such details to ITW in relation to the Share Schemes as ITW may reasonably require in order to plan and make the Proposals.
Appropriate Proposals. Subject to applicable confidentiality, legal and regulatory requirements, Ideagen agrees to co- operate with and provide such details to Bidco in relation to the Ideagen Share Plans as Bidco may reasonably require in order to make and implement appropriate proposals to the participants in the Ideagen Share Plans, as provided for in Rule 15 of the Code ("Rule 15", the “Proposals”), including the Proposals as set out below. The Proposals will take the form of a joint proposal from Ideagen and Bidco to participants in the Ideagen Share Plans which will be sent by Ideagen at a time agreed with Bidco, at the same time that the Scheme Circular is posted to Shareholders or such other time as may be agreed. Ideagen has confirmed that the only active share incentive arrangements it operates as at the date of this Agreement are the Ideagen Share Plans.
Appropriate Proposals. 3.1. Gran Tierra Energy Inc. and i3 Energy Plc acknowledge that the Scheme Record Time (as defined in the Announcement) shall take place after the Court Sanction Date, to allow those i3 Energy Plc Share Plan participants who acquire i3 Energy Plc Shares on or before the Court Sanction Date to have those i3 Energy Plc Shares acquired by Gran Tierra Energy Inc. and dealt with through the Scheme.
3.2. Gran Tierra Energy Inc. and i3 Energy Plc intend to jointly write to participants in the Share Plans on, or as soon as practicable after, the posting of the Scheme Document to inform them of:
(a) the impact of the Scheme on their Options and the extent to which their Options will vest if not already vested and exercisable;
(b) the proposals made to participants in the Share Plans under Rule 15 of the Code; and
(c) any actions they may need to take in connection with their Options as a result of the Scheme.
Appropriate Proposals. 1.1 Subject to applicable confidentiality, legal and regulatory requirements, EMIS agrees to co-operate with, and provide such details to, Bidco in relation to the EMIS Share Plans as Bidco may reasonably require in order to make and implement appropriate proposals to the participants of the EMIS Share Plans, in accordance with Rule 15 of the Code, and the provisions of this Schedule 1 (the "Proposals").