Common use of Minimum Contents of Offer Document‌ Clause in Contracts

Minimum Contents of Offer Document‌. An Offer Document must advise the Eligible Participant of the following minimum information regarding the Awards: (a) the type of Award that the Eligible participant may apply for, being Options, Performance Rights or both; (b) the maximum number of each type of Award that the Eligible Participant may apply for, or the formula for determining the number of each type of Award that may be applied for; (c) the maximum number of Shares that the Participant is entitled to be issued on the exercise of each Award or the formula for determining the maximum number of Shares; (d) any applicable Vesting Conditions; (e) any Restriction Period the Board has resolved to apply to Shares issued on exercise of the Awards; (f) when Awards will expire (Expiry Date); (g) the date by which an Offer must be accepted (Closing Date); and (h) any other information required by law or the ASX Listing Rules or considered by the Board to be relevant to the Awards or the Shares to be issued on the exercise of the Awards.

Minimum Contents of Offer Document‌. An Offer Document must advise the Eligible Participant of the following minimum information regarding the Awards: (a) the type of Award that the Eligible participant may apply for, being Options, Performance Rights or both; (b) the maximum number of each type of Award that the Eligible Participant may apply for, or the formula for determining the number of each type of Award that may be applied for; (c) the maximum number of Shares that the Participant is entitled to be issued on the exercise of each Award or the formula for determining the maximum number of Shares; (d) any applicable Vesting Conditions; (e) any Restriction Period the Board has resolved to apply to Shares issued on exercise of the Awards; (f) when Awards will expire (the Expiry Date); (g) the date by which an Offer must be accepted (Closing Date); and (h) any other information required by law or the ASX Listing Rules or considered by the Board to be relevant to the Awards or the Shares to be issued on the exercise of the Awards.