Common use of Director Reporting Obligation Clause in Contracts

Director Reporting Obligation. If the Colleague is a director, shadow director1 or secretary of the Company or an Irish Subsidiary, he must notify the Company or the Irish Subsidiary in writing if the Colleague receives or disposes of an interest exceeding 1% of the Company (e.g., PRSUs, Shares, etc.), if Colleague becomes aware of the event giving rise to the notification requirement, or if the Colleague becomes a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or minor children (whose interests will be attributed to the director, shadow director or secretary).

Appears in 5 contracts

Samples: Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC), Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC), Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC)

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Director Reporting Obligation. If the Colleague is a director, shadow director1 director or secretary of the Company or an Irish Subsidiary, he they must notify the Company or the Irish Subsidiary in writing if the Colleague receives or disposes of an interest exceeding 1% of the Company (e.g., PRSUsPSUs, Shares, etc.), if the Colleague becomes aware of the event giving rise to the notification requirement, or if the Colleague becomes a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or minor children (whose interests will be attributed to the director, shadow director or secretary).

Appears in 2 contracts

Samples: Performance Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Performance Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

Director Reporting Obligation. If the Colleague is a director, shadow director1 director or secretary of the Company or an Irish Subsidiary, he they must notify the Company or the Irish Subsidiary in writing if the Colleague receives or disposes of an interest exceeding 1% of the Company (e.g., PRSUsRSUs, Shares, etc.), if Colleague becomes aware of the event giving rise to the notification requirement, or if the Colleague becomes a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or minor children (whose interests will be attributed to the director, shadow director or secretary).

Appears in 2 contracts

Samples: Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC), Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

Director Reporting Obligation. If the Colleague is a director, shadow director1 or secretary of the Company or an Irish Subsidiary, he must notify the Company or the Irish Subsidiary in writing if the Colleague receives or disposes of an interest exceeding 1% of the Company (e.g., PRSUsRSUs, Shares, etc.), if Colleague becomes aware of the event giving rise to the notification requirement, or if the Colleague becomes a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or minor children (whose interests will be attributed to the director, shadow director or secretary).

Appears in 1 contract

Samples: Time Based Restricted Share Unit Award Agreement (Willis Towers Watson PLC)

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Director Reporting Obligation. If the Colleague Associate is a director, shadow director1 or secretary of the Company or an Irish Subsidiary, he must notify the Company or the Irish Subsidiary in writing if the Colleague Associate receives or disposes of an interest exceeding 1% of the Company (e.g., PRSUs, Shares, etc.), if Colleague Associate becomes aware of the event giving rise to the notification requirement, or if the Colleague Associate becomes a director or secretary if such an interest exists at the time. This notification requirement also applies with respect to the interests of a spouse or minor children (whose interests will be attributed to the director, shadow director or secretary).

Appears in 1 contract

Samples: Performance Based Restricted Share Unit Agreement (Willis Towers Watson PLC)

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