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

Chief Executive Officer and Director Notification Requirement. If the Participant is the Chief Executive Officer (“CEO”), or a director, associate director, or shadow director1 of a Singaporean Affiliate or Subsidiary (a “Singaporean Entity”), the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Entity in writing when the Participant receives or disposes of an interest (e.g., Performance Share Units, shares of Common Stock) in the Company or any related company. These notifications must be made within two business days of (i) its acquisition or disposal of any interest in the Company or any related company, (ii) any change in a previously disclosed interest (e.g., when the shares of Common Stock are sold), or (iii) becoming the CEO or a director, associate director, or shadow director (if such an interest exists at the time).

Chief Executive Officer and Director Notification Requirement. If the Participant is the Chief Executive Officer (“CEO”), or a director, associate director, or shadow director1 of a Singaporean Affiliate or Subsidiary (a “Singaporean Entity”), the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Entity in writing when the Participant receives or disposes of an interest (e.g., Performance Share Restricted Stock Units, shares of Common Stock) in the Company or any related company. These notifications must be made within two business days of (i) its acquisition or disposal of any interest in the Company or any related company, (ii) any change in a previously disclosed interest (e.g., when the shares of Common Stock are sold), or (iii) becoming the CEO or a director, associate director, director or shadow director (if such an interest exists at the time).

Chief Executive Officer and Director Notification Requirement. If the Participant is the Chief Executive Officer (“CEO”), or a director, associate director, director or shadow director1 directors1 of a Singaporean Affiliate or Subsidiary (a “Singaporean Entity”), the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Entity in writing when the Participant receives or disposes of an interest (e.g., Performance Share UnitsOption, shares of Common Stock) in the Company or any related company. These notifications must be made within two business days of (i) its acquisition or disposal of any interest in the Company or any related company, (ii) any change in a previously disclosed interest (e.g., when the shares of Common Stock are sold), or (iii) becoming the CEO or a director, associate director, director or shadow director (if such an interest exists at the time).

Chief Executive Officer and Director Notification Requirement. If the Participant is the Chief Executive Officer (“CEO”), or a director, associate director, director or shadow director1 of a Singaporean Affiliate or Subsidiary (a “Singaporean Entity”), ) the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Entity in writing when the Participant receives or disposes of an interest (e.g., Performance Share Units, shares of Common Stock) in the Company or any related company. These notifications must be made within two business days of (i) its acquisition or disposal of any interest in the Company or any related company, (ii) any change in a previously disclosed interest (e.g., when the shares of Common Stock are sold), or (iii) becoming the CEO or a director, associate director, director or shadow director (if such an interest exists at the time).