Common use of Director Notification Obligation Clause in Contracts

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares granted under the Plan or Shares) in the Company or any member of the Company Group, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group in Singapore, if the individual holds such an interest at that time.

Appears in 5 contracts

Samples: Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.), Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.), Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.)

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Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares RSUs granted under the Plan or Shares) in the Company or any member of the Company Group, (ii) any change in previously-disclosed interests (e.g., sale of Shares)interests, of (iii) becoming a director, associate director or shadow director of a member of the Company Group in Singapore, if the individual holds such an interest at that time.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Hilton Worldwide Holdings Inc.), Restricted Stock Unit Agreement (Hilton Worldwide Holdings Inc.), Restricted Stock Unit Agreement (Hilton Worldwide Holdings Inc.)

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares Restricted Stock granted under the Plan or Shares) in the Company or any member of the Company GroupAffiliate, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group an Affiliate in Singapore, if the individual holds such an interest at that time.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Hilton Worldwide Holdings Inc.), Restricted Stock Agreement (Hilton Worldwide Holdings Inc.)

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares RSUs granted under the Plan or Shares) in the Company or any member of the Company GroupAffiliate, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group an Affiliate in Singapore, if the individual holds such an interest at that time.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Hilton Worldwide Holdings Inc.), Restricted Stock Unit Agreement (Hilton Worldwide Holdings Inc.)

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares granted under the Plan or Shares) in the Company or any member of the Company GroupAffiliate, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group an Affiliate in Singapore, if the individual holds such an interest at that time.

Appears in 2 contracts

Samples: Performance Restricted Share Agreement (Hilton Worldwide Holdings Inc.), Performance Share Agreement (Hilton Worldwide Holdings Inc.)

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares Option granted under the Plan or Shares) in the Company or any member of the Company GroupAffiliate, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group an Affiliate in Singapore, if the individual holds such an interest at that time.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Hilton Worldwide Holdings Inc.), Nonqualified Stock Option Agreement (Hilton Worldwide Holdings Inc.)

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Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group Subsidiary are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares options granted under the Plan or Shares) in the Company or any member of the Company GroupSubsidiary, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of or (iii) becoming a director, associate director or shadow director of a member of the Company Group Subsidiary in Singapore, if the individual holds such an interest at that time.

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Rubicon Project, Inc.)

Director Notification Obligation. DirectorsDirectors (including alternate, substitute, associate directors or and shadow directors directors) of a Singapore member of the Company Group Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares RSUs granted under the Plan or SharesPlan) in the Company or any member of the Company GroupAffiliate, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of or (iii) becoming a director, associate director or shadow director of a member of the Company Group an Affiliate in Singapore, if the individual holds such an interest at that time. These notification requirements apply regardless of whether the directors are residents of or employed in Singapore.

Appears in 1 contract

Samples: Founder Rsu Agreement (Guardant Health, Inc.)

Director Notification Obligation. Directors, associate directors or shadow directors of a Singapore member of the Company Group are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify such entity in writing within two business days of any of the following events: (i) the acquisition or disposal of an interest (e.g., Performance Shares granted under the Plan or Shares) in the Company or any member of the Company Group, (ii) any change in previously-disclosed interests (e.g., sale of Shares), of (iii) becoming a director, associate director or shadow director of a member of the Company Group in Singapore, if the individual holds such an interest at that time.. SPAIN

Appears in 1 contract

Samples: Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.)

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