SAYE Scheme definition

SAYE Scheme means a certified contractual savings related share option scheme within the meaning of section 326 of the Taxes Act which has been approved by the Inland Revenue for the purposes of Schedule 3 of ITEPA,
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SAYE Scheme means an approved savings-related share option scheme
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SAYE Scheme means a certified SAYE savings arrangement within themeaning of section 703 of the Income Tax (Trading and Other Income) Act 2005 which has been approved by HMRC for the purposes of Schedule 3
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Examples of SAYE Scheme in a sentence

  • The Group has two classes of potentially dilutive Ordinary Shares being those share options granted to employees under the Group’s SAYE Scheme and the contingently issuable shares under the Group’s LTIP Schemes.

  • In accordance with the rules, participants in the SAYE Scheme may elect either to exercise or rollover their SAYE options.

  • The Group has two classes of potentially dilutive Ordinary Shares being those share options granted to employees under the Group’s SAYE Scheme and the contingently issueable shares under the Group’s LTIP Schemes.

  • Options over RELX PLC ordinary shares have been granted under the SAYE Scheme.

  • Grant of SAYE OptionsThe SAYE Scheme Rules allow for the remuneration committee to grant SAYE Options with an exercise price of a minimum of 80 per cent.

  • IntroductionBefore the First Admission, the Board adopted the SAYE Scheme Rules.

  • If an optionholder dies before their SAYE Option is exercised, their Personal Representatives (as defined in the SAYE Scheme Rules) may exercise the option on their behalf.

  • Under the SAYE Scheme Rules, the Board may invite applications for 3 year or 5 year options (SAYE Options) with the associated savings contract running for the same term.

  • Scaling DownThe SAYE Scheme Rules allow the remuneration committee to apply several different methods in scaling down applications in the event that the total number of applications received in response to a set of invitations exceeds the maximum number of shares stated in those invitations.

  • Invitations to apply for options may be issued under the IDS SAYE Share Option Scheme during the 42 day period beginning on the day on which the IDS SAYE Share Option Scheme is approved by resolution of the Company or (if later) the date of approval of the IDS SAYE Scheme pursuant to Schedule 3 of ITEPA by the Inland Revenue or (if later) within 42 days of the date on which any Ordinary Shares were first admitted to AIM.


More Definitions of SAYE Scheme

SAYE Scheme means a certified contractual savings scheme within the meaning of section 703(1) of the Income Tax (Trading and Other Income) Act 2005 which has been approved by an officer of HMRC for the purposes of Schedule 3 to ITEPA;
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Related to SAYE Scheme

  • Superannuation Scheme in this subclause, shall mean a scheme other than one implemented solely for purposes of compliance with Clause 49. - Superannuation of this award, or an Order of the Western Australian Industrial Relations Commission.

  • the Scheme means the Local Government Pension Scheme in

  • relevant scheme means any other scheme approved or seeking approval under Chapter 1 Part XIV of the Act and in respect of a Class A Member who is a Controlling Director also any retirement annuity contract or trust scheme approved under Chapter III Part XIV or any personal pension scheme as approved under Chapter IV Part XIV of the Act insofar as it provides benefits secured by contributions in respect of Service.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Company; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement (disregarding de minimis holdings by initial subscribers, if applicable); (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Company; (iv) all Subsidiaries of the Company immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Company) are Subsidiaries of the Company (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Company (or Newco) holds, directly or indirectly, the same percentage of the Ordinary Share Capital and Equity Share Capital of those Subsidiaries as was held by the Company immediately prior to the Scheme of Arrangement.

  • land use scheme means the land use scheme adopted and approved in terms of Chapter 3 and for the purpose of these By-laws include an existing scheme until such time as the existing scheme is replaced by the adopted and approved land use scheme.

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Traineeship Scheme means an approved traineeship applicable to a group or class of employees or to an industry or sector of an industry or an enterprise. A traineeship scheme shall not be given approval unless consultation and negotiation with the union upon the terms of the proposed traineeship scheme and the traineeship have occurred. An application for approval of a traineeship scheme shall identify the union and demonstrate to the satisfaction of the approving authority that the abovementioned consultation and negotiation have occurred.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Scheme Rules means the applicable SEPA direct debit or credit transfer scheme rules of the European Payments Council as amended from time to time.

  • TDSAT means Telecom Disputes Settlement and Appellate Tribunal;

  • Planning Scheme means a scheme developed in accordance with section 6 of the Planning and Environment Act 1987.

  • Scheme means the Water Regulations Advisory Scheme;

  • We/Our/Us means the Underwriters named in the Schedule.

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

  • town planning scheme means the City of Rockingham Town Planning Scheme made under the Town Planning and Development Act 1928.

  • Scheme of Arrangement means a scheme of arrangement, share for share exchange or analogous procedure.

  • SAQA means the South African Qualifications Authority;

  • transfer scheme means a property transfer scheme under section 300 of the Health and Social Care Act 2012 (transfer schemes) that transfers the rights and liabilities of a Primary Care Trust under arrangements for the provision of pharmaceutical services to other persons.

  • HKEx means Hong Kong Exchanges and Clearing Limited;

  • SBS means the New York City Department of Small Business Services.

  • CSA means Canadian Standards Association;

  • approved scheme means a share option scheme, other than a savings-related share option scheme, approved under Schedule 4.

  • Scheme Manager Means Gloucestershire County Council as administering authority of the Gloucestershire Local Government (LGPS) Pension Fund

  • TMDL means the total maximum daily load limitation of a parameter, representing the estimated assimilative capacity for a water body before other designated uses are adversely affected. Mathematically, it is the sum of wasteload allocations for point sources, load allocations for non-point and natural background sources, and a margin of safety.

  • Schemes the Principal Civil Service Pension Scheme available to Civil Servants and employees of bodies under Schedule 1 of the Superannuation Act 1972 (and eligible employees of other bodies admitted to participate under a determination under section 25 of the Public Service Pensions Act 2013), as governed by rules adopted by Parliament; the Partnership Pension Account and its (i) Ill health Benefits Scheme and (ii) Death Benefits Scheme; the Civil Service Additional Voluntary Contribution Scheme; and the Designated Stakeholder Pension Scheme and “alpha” introduced under The Public Service (Civil Servants and Others) Pensions Regulations 2014;