Common use of Director Notification Requirement Clause in Contracts

Director Notification Requirement. The directors, associate directors or shadow directors of a Singaporean Affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Affiliate in writing of an interest (e.g., RSUs, Shares, etc.) in the Company or any related company within two business days of (a) its acquisition or disposal, (b) any change in a previously-disclosed interest (e.g., upon vesting of the RSUs or when Shares acquired under the Plan are subsequently sold), or (c) becoming a director. Participant understands that if he or she is the Chief Executive Officer (“CEO”) of a Singaporean Affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean Affiliate, the above notification requirements also may apply to Participant.

Appears in 4 contracts

Samples: Global Restricted Stock Unit Award Agreement (Allegion PLC), Global Restricted Stock Unit Award Agreement (Allegion PLC), Global Restricted Stock Unit Award Agreement (Allegion PLC)

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Director Notification Requirement. The directorsIf the Participant is a director, associate directors director or shadow directors director of a Singaporean Affiliate are Affiliate, the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Singapore Affiliate in writing of an interest (e.g., RSUsunvested Performance Units, Shares, etc.) in the Company or any related company Affiliate within two (2) business days of (ai) its acquisition or disposal, (bii) any change in a previously-previously disclosed interest (e.g., upon vesting of the RSUs or when Shares acquired under the Plan at vesting are subsequently sold), or (ciii) becoming a director. Participant understands that if he , associate director or she is the Chief Executive Officer (“CEO”) of a Singaporean Affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean Affiliate, the above notification requirements also may apply to Participantshadow director.

Appears in 3 contracts

Samples: Performance Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.)

Director Notification Requirement. The directors, associate directors or and shadow directors of a Singaporean Affiliate Singapore subsidiary or affiliate are subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to The directors, associate directors and shadow directors must notify the Singaporean Affiliate Singapore subsidiary or affiliate in writing of an interest (e.g., RSUsLTI Grant, Sharesshares of Common Stock, etc.) in the Company or any related company companies within two business days of (ai) its acquisition or disposal, (bii) any change in a previously-previously disclosed interest (e.g., upon vesting when the shares of the RSUs or when Shares acquired under the Plan Common Stock are subsequently sold), or (ciii) becoming a director, associate director or shadow director. If the Participant understands that if he or she is the Chief Executive Officer chief executive officer (“CEO”) of a Singaporean Affiliate Singapore subsidiary or affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean AffiliateSingapore subsidiary or affiliate, the above notification requirements also may apply to the Participant.

Appears in 3 contracts

Samples: Global Long Term Incentive Grant Agreement (Mondelez International, Inc.), Global Long Term Incentive Grant Agreement (Mondelez International, Inc.), Global Long Term Incentive Grant Agreement (Mondelez International, Inc.)

Director Notification Requirement. The directorsIf the Participant is a director, associate directors director or shadow directors director of a Singaporean Affiliate are Affiliate, the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Singapore Affiliate in writing of an interest (e.g., unvested RSUs, Shares, etc.) in the Company or any related company Affiliate within two (2) business days of (ai) its acquisition or disposal, (bii) any change in a previously-previously disclosed interest (e.g., upon vesting of the RSUs or when Shares acquired under the Plan at vesting are subsequently sold), or (ciii) becoming a director. Participant understands that if he , associate director or she is the Chief Executive Officer (“CEO”) of a Singaporean Affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean Affiliate, the above notification requirements also may apply to Participantshadow director.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, Inc.)

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Director Notification Requirement. The directorsIf the Participant is a director, associate directors director or shadow directors director1 of a Singaporean Affiliate are Affiliate, the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Singapore Affiliate in writing of an interest (e.g., unvested RSUs, Shares, etc.) in the Company or any related company Affiliate within two (2) business days of (ai) its acquisition or disposal, (bii) any change in a previously-previously disclosed interest (e.g., upon vesting of the RSUs or when Shares acquired under the Plan at vesting are subsequently sold), or (ciii) becoming a director. Participant understands that if he , associate director or she is the Chief Executive Officer (“CEO”) of a Singaporean Affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean Affiliate, the above notification requirements also may apply to Participantshadow director.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (First Solar, Inc.)

Director Notification Requirement. The directorsIf the Participant is a director, associate directors director or shadow directors director1 of a Singaporean Affiliate are Affiliate, the Participant is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean Singapore Affiliate in writing of an interest (e.g., RSUsunvested Performance Units, Shares, etc.) in the Company or any related company Affiliate within two (2) business days of (ai) its acquisition or disposal, (bii) any change in a previously-previously disclosed interest (e.g., upon vesting of the RSUs or when Shares acquired under the Plan at vesting are subsequently sold), or (ciii) becoming a director. Participant understands that if he , associate director or she is the Chief Executive Officer (“CEO”) of a Singaporean Affiliate and the above notification requirements are determined to apply to the CEO of a Singaporean Affiliate, the above notification requirements also may apply to Participantshadow director.

Appears in 1 contract

Samples: Performance Unit Award Agreement (First Solar, Inc.)

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