Examples of Target Share Plans in a sentence
For the avoidance of doubt, the operation of the Target Share Plans includes (without limitation): granting Awards, determining the extent to which Awards vest, and satisfying the vesting of Awards and the exercise of Awards granted in the form of options.
The following arrangements and acknowledgments will, subject to the Scheme becoming effective in accordance with its terms, apply in respect of the Target Share Plans and the Target Employees.
The parties agree that the provisions of Schedule 2 shall apply in respect of the Target Share Plans and employee related matters.
Target has confirmed that the only share incentive arrangements it operates as at the date of this Agreement are the Target Share Plans and has provided Bidder with accurate details of all subsisting options and awards to acquire 1 Of which, for local law purposes, awards which are expected to vest in respect of 5,754 shares have been granted on terms that they will be settled in cash.
As at 4 March 2024, the following Awards were outstanding under the Target Share Plans: LTIP Conditional awards 10,012,297 EIP Share appreciation rights 231,719 Options 18,435 DBP Conditional awards 552,366 UK Sharesave Options 170,338 US ESPP Shares 865,663 GAESPP Shares 48,929 UK ESPP Partnership Shares 214,126 Matching Shares 148,760 Dividend Shares 23,788 For Target Shares held under the UK ESPP, see paragraph 7.7 of this Schedule 1.