Common use of ISSUE TO THE PUBLIC Clause in Contracts

ISSUE TO THE PUBLIC. 9.1 If the Company notifies the Trustee that for the purposes of an issue of shares to the 9 public an undertaking by the beneficiary option holders is required, pursuant whereto they undertake a restriction on the transfer of the shares of which they are beneficiaries or to which they are entitled pursuant to the options or the trading of such shares, the Trustee shall be entitled to assume the undertaking as aforesaid, provided that such an undertaking shall not prevent it from transferring options to the beneficiaries, subject to the beneficiaries assuming the said undertaking.

ISSUE TO THE PUBLIC. 9.1 If the Company notifies the Trustee that for the purposes of an issue of shares to the 9 public an undertaking by the beneficiary option holders is required, pursuant whereto they undertake a restriction on the transfer of the shares of which they are beneficiaries or to which they are entitled pursuant to the options or the trading of such shares, the Trustee shall be entitled to assume the undertaking as aforesaid, provided that such an undertaking shall not prevent it from transferring options to the beneficiaries, subject to the beneficiaries assuming the said undertaking.

ISSUE TO THE PUBLIC. 9.1 If the Company notifies the Trustee that for the purposes of an issue of shares to the 9 public an undertaking by the beneficiary option holders is required, pursuant whereto they undertake a restriction on the transfer of the shares of which they are beneficiaries or to which they are entitled pursuant to the options or the trading of such shares, the Trustee shall be entitled to assume the undertaking as aforesaid, provided that such an undertaking shall not prevent it from transferring options to the 9 beneficiaries, subject to the beneficiaries assuming the said undertaking.