Common use of The discretion of the Remuneration Committee Clause in Contracts

The discretion of the Remuneration Committee. As soon as practicable after the date of the court’s direction the Remuneration Committee will confirm the minimum extent to which an Option which is subject to a performance target will be exercisable under Rule 7.7, to the extent that the performance target has been met up to the date the scheme of arrangement is sanctioned by the court. Subject to this, the Remuneration Committee may decide to take such other factors into account as it believes to be relevant in determining the extent to which the Option may be exercised beyond the extent to which the performance target has been met.

The discretion of the Remuneration Committee. As soon as practicable after the date of the court’s direction the Remuneration Committee will confirm the minimum extent to which an Option which is subject to a performance target will be exercisable under Rule 7.7, to the extent that the performance target has been met up to the date the scheme of arrangement is sanctioned by the court. Subject to this, the Remuneration Committee may (acting fairly and reasonably) decide to take such other objective factors into account as it believes to be relevant in determining the extent to which the Option may be exercised beyond the extent to which the performance target has been met.

The discretion of the Remuneration Committee. As soon as practicable after the date of the court’s direction a general offer has been made the Remuneration Committee will confirm the minimum extent to which an Option which is subject to a performance target will be become exercisable under Rule 7.77.1, to the extent that the performance target has been met up to the date the scheme change of arrangement is sanctioned by the courtControl taking effect. Subject to this, the Remuneration Committee may decide to take such other factors into account as account, which it believes to be relevant in determining the extent to which the Option may be exercised beyond the extent to which the performance target has been met.

The discretion of the Remuneration Committee. As soon as practicable after the date of the court’s direction a general offer has been made the Remuneration Committee will confirm the minimum extent to which an Option which is subject to a performance target will be become exercisable under Rule 7.77.1, to the extent that the performance target has been met up to the date the scheme change of arrangement is sanctioned by the courtControl taking effect. Subject to this, the Remuneration Committee may (acting fairly and reasonably) decide to take such other objective factors into account as which it believes to be relevant in determining the extent to which the Option may be exercised beyond the extent to which the performance target has been met.