Option entitlements. Subject to the Board determining otherwise in an Invitation Letter, each vested Option entitles the Participant holding the Option to either, at the discretion of the Board, be issued, be transferred and/or be allocated, one Plan Share on payment of the Exercise Price (if any).
Appears in 4 contracts
Samples: 2023 Non Executive Directors Long Term Incentive Plan, Senior Leadership Long Term Incentive Plan, Long Term Incentive Plan
Option entitlements. Subject to the Board determining otherwise in an Invitation Letter, each vested Option entitles the Participant holding the Option to either, at the discretion of the Board, be issuedsubscribe for, be transferred and/or be allocated, one Plan Share on payment of the Exercise Price (if any).
Appears in 1 contract
Samples: Long Term Incentive Plan
