Examples of HRC Committee in a sentence
An Option shall vest and become exercisable in accordance with the terms set by the HRC Committee at the time of grant.
In connection with any Change of Control, the HRC Committee will allow, where necessary in the circumstances, for the conditional vesting and exercise of Options and where such conditions are not met and the Change of Control does not occur the Options shall continue as if no vesting or exercise had occurred.
Unless otherwise determined by the HRC Committee, no additional Option grants shall be made to any Participant during such Participant’s leave of absence.
The HRC Committee may at any time recommend to the Board for its approval the revision, suspension or discontinuance of this Plan in whole or in part.
The retention and the terms and conditions of the retention of external advisors shall receive prior approval by the HRC Committee.