Common use of Director / CEO Notification Obligation Clause in Contracts

Director / CEO Notification Obligation. If the Participant is a director or chief executive officer (as applicable) of a company incorporated in Singapore which is related to the Company (“Singapore Company”), the Participant is subject to certain disclosure / notification requirements under the Companies Act, Chapter 50 of Singapore. Among these requirements is an obligation to notify the Singapore Company in writing when the Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g. the PSUs). In addition, the Participant must notify the Singapore Company when the Participant disposes of such interest in the Company (including when the Participant acquires or transfers Shares issued upon vesting and settlement of the PSUs). These notifications must be made within two business days of acquiring or disposing of |EU-DOCS\32493268.1|| any such interest in the Company. In addition, a notification of the Participant’s interests in the Company must be made within two business days of becoming a director or chief executive officer (as applicable). In this regard: i. A “director” includes any person occupying the position of a director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. ii. A “chief executive officer”, in relation to a company, means any one or more persons, by whatever name described, who: a. is in direct employment of, or acting for or by arrangement with, the company; and b. is principally responsible for the management and conduct of the business of the company, or part of the business of the company, as the case may be. iii. The Singapore Company will be deemed to be related to the Company if the Singapore Company is: a. the holding company of the Company; b. a subsidiary of the Company; or c. a subsidiary of the holding company of the Company.

Director / CEO Notification Obligation. If the Participant is a director or chief executive officer (as applicable) of a company incorporated in Singapore which is related to the Company (“Singapore Company”), the Participant is subject to certain disclosure / notification requirements under the Companies Act, Chapter 50 of Singapore. Among these requirements is an obligation to notify the Singapore Company in writing when the Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g. the PSUsRSUs). In addition, the Participant must notify the Singapore Company when the Participant disposes of such interest in the Company (including when the Participant acquires or transfers Shares issued upon vesting and settlement of the PSUsRSUs). These notifications must be made within two business days of acquiring or disposing of |EU-DOCS\32493268.1|| any such interest in the Company. In addition, a notification of the Participant’s interests in the Company must be made within two business days of becoming a director or chief executive officer (as applicable). In this regard: i. A “director” includes any person occupying the position of a director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. ii. A “chief executive officer”, in relation to a company, means any one or more persons, by whatever name described, who: a. is in direct employment of, or acting for or by arrangement with, the company; andand |EU-DOCS\32493229.1|| | 878498-0000|| b. is principally responsible for the management and conduct of the business of the company, or part of the business of the company, as the case may be. iii. The Singapore Company will be deemed to be related to the Company if the Singapore Company is: a. the holding company of the Company; b. a subsidiary of the Company; or c. a subsidiary of the holding company of the Company.

Director / CEO Notification Obligation. If the Participant is a director or chief executive officer (as applicable) of a company incorporated in Singapore which is related to the Company (“Singapore Company”), the Participant is subject to certain disclosure / notification requirements under the Companies Act, Chapter 50 of Singapore. Among these requirements is an obligation to notify the Singapore Company in writing when the Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g. the PSUs). In addition, the Participant must notify the Singapore Company when the Participant disposes of such interest in the Company (including when the Participant acquires or transfers Shares issued upon vesting and settlement of the PSUs). These notifications must be made within two business days of acquiring or disposing of |EU-DOCS\32493268.1|| any such interest in the Company. In addition, a notification of the Participant’s interests in the Company must be made within two business days of becoming a director or chief executive officer (as applicable). In this regard: i. (a) A “director” includes any person occupying the position of a director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. ii. (b) A “chief executive officer”, in relation to a company, means any one or more persons, by whatever name described, who: a. (i) is in direct employment of, or acting for or by arrangement with, the company; and b. (ii) is principally responsible for the management and conduct of the business of the company, or part of the business of the company, as the case may be. iii. (c) The Singapore Company will be deemed to be related to the Company if the Singapore Company is: a. (i) the holding company of the Company; b. (ii) a subsidiary of the Company; or c. or (iii) a subsidiary of the holding company of the Company.

Director / CEO Notification Obligation. If the Participant is a director or chief executive officer (as applicable) of a company incorporated in Singapore which is related to the Company (“Singapore Company”), the Participant is subject to certain disclosure / notification requirements under the Companies Act, Chapter 50 of SingaporeAct 1967. Among these requirements is an obligation to notify the Singapore Company in writing when the Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g. the PSUsRSUs). In addition, the Participant must notify the Singapore Company when the Participant disposes of such interest in the Company (including when the Participant acquires or transfers Shares issued upon vesting and settlement of the PSUsRSUs). These notifications must be made within two business days of acquiring or disposing of |EU-DOCS\32493268.1|| any such interest in the Company. In addition, a notification of the Participant’s interests in the Company must be made within two business days of becoming a director or chief executive officer (as applicable). In this regard: i. (a) A “director” includes any person occupying the position of a director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. ii. (b) A “chief executive officer”, in relation to a company, means any one or more persons, by whatever name described, who: a. (i) is in direct employment of, or acting for or by arrangement with, the company; and b. (ii) is principally responsible for the management and conduct of the business of the company, or part of the business of the company, as the case may be. iii. (c) The Singapore Company will be deemed to be related to the Company if the Singapore Company is: a. (i) the holding company of the Company; b. (ii) a subsidiary of the Company; or c. or (iii) a subsidiary of the holding company of the Company.

Director / CEO Notification Obligation. If the Participant is a director or chief executive officer (as applicable) of a company incorporated in Singapore which is related to the Company (“Singapore Company”), the Participant is subject to certain disclosure / notification requirements under the Companies Act, Chapter 50 of Singapore. Among these requirements is an obligation to notify the Singapore Company in writing when the Participant acquires an interest (such as shares, debentures, participatory interests, rights, options and contracts) in the Company (e.g. the PSUsRSUs). In addition, the Participant must notify the Singapore Company when the Participant disposes of such interest in the Company (including when the Participant acquires or transfers Shares issued upon vesting and settlement of the PSUsRSUs). These notifications must be made within two business days of acquiring or disposing of |EU-DOCS\32493268.1|| any such interest in the Company. In addition, a notification of the Participant’s interests in the Company must be made within two business days of becoming a director or chief executive officer (as applicable). In this regard: i. (a) A “director” includes any person occupying the position of a director of a corporation by whatever name called and includes a person in accordance with whose directions or instructions the directors or the majority of the directors of a corporation are accustomed to act and an alternate or substitute director. ii. (b) A “chief executive officer”, in relation to a company, means any one or more persons, by whatever name described, who: a. (i) is in direct employment of, or acting for or by arrangement with, the company; and b. (ii) is principally responsible for the management and conduct of the business of the company, or part of the business of the company, as the case may be. iii. (c) The Singapore Company will be deemed to be related to the Company if the Singapore Company is: a. (i) the holding company of the Company; b. (ii) a subsidiary of the Company; or c. or (iii) a subsidiary of the holding company of the Company.