Examples of Performance Stock Option in a sentence
Therefore, the extraordinary Shareholders’ Meeting of April 20, 2016 revoked the capital increase approved on April 23, 2015 with reference to the part where it is not necessary for the beneficiaries of the 2015 Performance Stock Option Plan to comply with the options assigned on April 20, 2016.
The following Board of Directors on March 3, 2016 resolved that in service of the 2015 Performance Stock Option Plan may be used also the Company’s own shares in addition to those resulting from the capital increase resolved for the purposes of the Plan itself.
The Remuneration Policy adopted by the Company provides for obligations aimed to keep financial instruments within the portfolio purchased with reference to the 2015 Performance Stock Option Plan and the 2016-2018 Performance Shares Plan.The 2015 Performance Stock Option Plan, approved by the Shareholders’ Meeting of April 23, 2015, includes the commitment not to sell the stocks upon the beneficiaries being Executive Directors and Key-managers.
A health and safety representative must not give advice under subsection(3) unless he or she has reasonable grounds for be lieving that the work that the employee is required to perform is likely to cause serious harm to the employee.
For further details on the 2015 Performance Stock Option Plan please see the information document prepared pursuant to Article 84-bis of the Issuers’ Regulation and also in the Report on Remuneration prepared pursuant to Article 123-ter of the TUF, published on the Company’s website www.monclergroup.com, in section Governance.
Attached hereto is also table No. 1 provided for by Annex 3A, Chart 7, of the Issuers’ Regulation, on the implementation status of the 2014-2018 Stock Option Plan for Top Management & Key People, as well as on the 2015 Performance Stock Option Plan and the 2016-2018 Performance Shares Plan.
In order to make the 2014-2018 Stock Option Planconsistent with the Remuneration Policy adopted by the Company, as well as coordinating it with the 2015 Performance Stock Option Plan (described below), the Executive Directors and Key- managers as beneficiaries have reached an agreement with the Company through which they undertake the same obligations arising from the implementation of the above mentioned clauses.
The Remuneration Policy adopted by the Company provides for mechanisms aimed to keep financial instruments within the portfolio after their acquisition.In particular, as illustrated under Section II of the Report, within the context of the 2015 Performance Stock Option Plan which will be submitted to the approval of the Shareholders’ Meeting of 23 April 2015, it is expressly included the commitment not to sell the stocks upon the beneficiaries being Executive Directors and Key-managers.
Performance Stock Option Agreement (Retention Grant), including Notice of Grant, between Yahoo! Inc.
Third Amendment, to Performance Stock Option Agreement (Retention Grant), between Yahoo! Inc.