Common use of Equity Based Plans Clause in Contracts

Equity Based Plans. The Nomination and Remuneration Committee will: • review and report upon the design of all equity-based plans; • ensure that payment of equity-based executive remuneration is made in accordance with thresholds approved by shareholders; • continually review all plans under review in light of legislative, regulatory and market developments; • for each equity-based plan, recommend to the Board whether awards should be made under that plan; • review and recommend proposed awards under each plan; • in addition to considering awards to executive directors and ”Chief” level executives, review and recommend proposed awards under each plan on an individual basis for executives as required under the rules governing each plan or as determined by the Nomination and Remuneration Committee; and • review and make recommendations about performance criteria for each equity-based plan.

Equity Based Plans. The Nomination and Remuneration Committee will: • : (i) review and report upon on the design of all equity-based plans; • ; (ii) ensure that payment of equity-based executive remuneration is made in accordance with thresholds approved by shareholders; • ; (iii) continually review all plans under review in light of legislative, regulatory and market developments; • ; (iv) for each equity-based plan, recommend to the Board whether awards should be made under that plan; • ; (v) review and recommend proposed awards under each plan; • ; (vi) in addition to considering awards to executive directors and ”Chief” level executivesdirect reports to the Managing Director, review and recommend proposed awards under each plan on an individual basis for executives as required under the rules governing each plan or as determined by the Nomination and Remuneration Committee; and • and (vii) review and make recommendations about performance criteria for each equity-based plan.

Equity Based Plans. The Nomination and Remuneration Committee will: • review and report upon the design of all equity-based plans; • ensure that payment of equity-based executive remuneration is made in accordance with thresholds approved by shareholders; • continually review all plans under review in light of legislative, regulatory and market developments; • for each equity-based plan, recommend to the Board whether awards should be made under that plan; • review and recommend proposed awards under each plan; • in addition to considering awards to executive directors and ”Chief” level executivesdirect reports to the managing director, review and recommend proposed awards under each plan on an individual basis for executives as required under the rules governing each plan or as determined by the Nomination and Remuneration Committee; and • review and make recommendations about performance criteria for each equity-based plan.

Equity Based Plans. The Nomination and Remuneration Committee will: •  review and report upon the design of all equity-based plans; •  ensure that payment of equity-based executive remuneration is made in accordance with thresholds approved by shareholders; •  continually review all plans under review in light of legislative, regulatory and market developments; •  for each equity-based plan, recommend to the Board whether awards should be made under that plan; •  review and recommend proposed awards under each plan; •  in addition to considering awards to executive directors and ”Chief” level executivesdirect reports to the managing director, review and recommend proposed awards under each plan on an individual basis for executives as required under the rules governing each plan or as determined by the Nomination and Remuneration Committee; and •  review and make recommendations about performance criteria for each equity-based plan.

Equity Based Plans. The Nomination and Remuneration Committee will: • review and report upon the design of all equity-based plans; • ensure that payment of equity-based executive remuneration is made in accordance with thresholds approved by shareholders; • continually review all plans under review in light of legislative, regulatory and market developments; • for each equity-based plan, recommend to the Board whether awards should be made under that plan; • review and recommend proposed awards under each plan; • in addition to considering awards to executive directors and ”Chief” level executivesdirect reports to the Managing Director, review and recommend proposed awards under each plan on an individual basis for executives as required under the rules governing each plan or as determined by the Nomination and Remuneration Committee; and • review and make recommendations about performance criteria for each equity-based plan.