Incentivisation arrangements. The Consortium believes that the ongoing participation of senior management of Globalworth is important to Globalworth going forward. Therefore, proposals regarding incentivisation arrangements for management and employees of the Globalworth Group may be considered, following completion of the proposed Offer. However, no discussions relating to such incentivisation arrangements have yet taken place, and no decision has been made by the Consortium with regards to the ongoing participation of senior management of Globalworth.
Incentivisation arrangements. Bidco believes that the ongoing participation of senior management of the ADVANZ PHARMA Group is very important to the future success of the ADVANZ PHARMA Group. Accordingly, Bidco intends to put in place appropriate arrangements for selected members of senior management of the ADVANZ PHARMA Group following completion of the Acquisition. However, no discussions in relation to such arrangements have yet taken place.
Incentivisation arrangements. Bxxxx Xxxxx believes that the ongoing participation of senior management of the RPC Group is very important to the future success of the RPC Group. Accordingly, Bxxxx Xxxxx intends to put in place certain incentivisation arrangements for selected members of senior management of the RPC Group with effect from and/or following completion of the Acquisition. However, no discussions in relation to such arrangements have yet taken place.
Incentivisation arrangements. Cisco wishes to ensure strong business momentum through retention and to ensure that IMImobile employees are fairly treated. Accordingly, Cisco has agreed retention arrangements for the Executive IMImobile Directors, each of which is conditional on completion of the Offer. The relevant details are as follows:
Incentivisation arrangements. CareTech currently operates a tax-advantaged and non-tax-advantaged discretionary company share option plan (the "CSOP") and a tax-advantaged all-employee save-as- you-earn share option scheme (the "Sharesave Scheme" and together with the CSOP, the "CareTech Option Schemes"). The CareTech Option Schemes are operated for the benefit of selected and eligible employees within the CareTech Group. From Completion, all employees within the Enlarged Group shall be eligible to be invited to participate in the CareTech Option Schemes in respect of any future grant, subject to (in the case of the CSOP) the discretion of the remuneration committee of the Board of CareTech and the satisfaction of any eligibility criteria which must be satisfied under the CareTech Option Schemes. Following Completion, CareTech intends to review the management, governance and incentive structure of CareTech. CareTech has not entered into, and has not had discussions on proposals to enter into, any form of incentivisation arrangements with members of Cambian's management, but may put in place incentive arrangements for certain members of the Cambian management team before and/or following Completion. Locations, headquarters and research and development The headquarters of CareTech will be retained as the headquarters of the Enlarged Group. It is intended that in due course that the current headquarters of Cambian will be vacated. CareTech has no intention to change any of the other principal locations of the Cambian Group's business nor to redeploy any of the fixed assets of the Cambian Group. Cambian does not operate a research and development function, so CareTech is making no statement in this regard under Rule 24.2(a)(i) of the Takeover Code.
