Common use of Prohibited Dealings Clause in Contracts

Prohibited Dealings. (a) Any Dealing in respect of a Performance Right is prohibited unless: (i) the Board determines otherwise; or (ii) the Dealing is required by law and the Participant has provided satisfactory evidence to the Company of the requirement, and the Dealing complies with the Corporations Act. (b) Where, in the opinion of the Board, a Participant Deals with a Performance Right in contravention of Rule 4(a), the Performance Right will immediately lapse. (c) The Board may, at its discretion, in an Offer to an Eligible Employee, impose restrictions on Dealing in respect of any Shares issued upon Vesting of Performance Rights under Rule 3.2 and may implement any procedure it considers appropriate to enforce such restrictions. In addition, Participants must comply with the Corporations Act, Listing Rules and trading policies of the Company from time to time (if applicable).