Common use of Chief Executive Officer and Director Notification Obligation Clause in Contracts

Chief Executive Officer and Director Notification Obligation. The Chief Executive Officer and the Directors of a Singaporean Parent or Subsidiary are subject to certain notification requirements under the Singapore Companies Act. The Chief Executive Officer and the Directors must notify the Singapore Parent or Subsidiary in writing of an interest (e.g., unvested Restricted Stock Units, 6584426-v15\GESDMS Shares, etc.) in the Company or any Parent or Subsidiary within two (2) business days of (i) its acquisition or disposal, (ii) any change in previously disclosed interest (e.g., when Shares acquired at vesting are sold), or (iii) becoming the CEO and/or a director.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Fortinet Inc)

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Chief Executive Officer and Director Notification Obligation. The Chief Executive Officer (“CEO”) and the Directors directors (including alternative directors, substitute directors and shadow directors1) of a Singaporean Parent or Subsidiary are subject to certain notification requirements under the Singapore Companies Act. The Chief Executive Officer CEO and the Directors directors must notify the Singapore Parent or Singaporean Subsidiary in writing of an interest (e.g., unvested Restricted Stock Units, 6584426-v15\GESDMS the Award or Ordinary Shares, etc.) in the Company or any Parent or Subsidiary within two (2) business days of (i) its acquisition or disposal, (ii) any change in previously a previously-disclosed interest (e.g., upon exercise of the Share Options or when Ordinary Shares acquired at vesting under the Plan are subsequently sold), or (iii) becoming the CEO and/or or a director.

Appears in 1 contract

Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.)

Chief Executive Officer and Director Notification Obligation. The Chief Executive Officer and the Directors (“CEO”), directors, associate directors or shadow directors of a Singaporean Parent or Subsidiary Singapore Affiliated Entity are subject to certain notification requirements under the Singapore Companies Act. The Chief Executive Officer and the Directors Specifically, such individuals must notify the Singapore Parent or Subsidiary Affiliated Entity in writing of an interest (e.g., unvested Restricted Stock UnitsRSUs, 6584426-v15\GESDMS Sharesshares of Common Stock, etc.) in the Company or any Parent or Subsidiary related company within two (2) business days of (i) its acquisition or disposal, (ii) any change in previously a previously-disclosed interest (e.g., upon vesting/settlement of RSUs or when Shares shares acquired at vesting under the Plan are subsequently sold), or (iii) becoming the CEO and/or or a director.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Sabre Corp)

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Chief Executive Officer and Director Notification Obligation. The Chief Executive Officer and the Directors of a Singaporean Parent or Subsidiary are subject to certain notification requirements under the Singapore Companies Act. The Chief Executive Officer and the Directors must notify the Singapore Parent or Subsidiary in writing of an interest (e.g., unvested Restricted Stock UnitsPSUs, 6584426-v15\GESDMS Shares, etc.) in the Company or any Parent or Subsidiary within two (2) business days of (i) its acquisition or disposal, (ii) any change in previously disclosed interest (e.g., when Shares acquired at vesting are sold), or (iii) becoming the CEO and/or a director.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Fortinet Inc)

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