Asiaone 1-42

APPENDIX B
7.3 An Option shall, to the extent unexercised, immediately lapse without any claim whatsoever
against the Company:-
(a) subject to Rules 7.4 and 7.5, upon the Participant ceasing to be in the full-time employment
of the Group for any reason whatsoever; or
(b) upon the bankruptcy of the Participant or the happening of any other event which results
in his being deprived of the legal or beneficial ownership of such Option; or
(c) in the event of misconduct on the part of the Participant as determined by the Committee
in its discretion.
For the purposes of Rule 7.3(a), the Participant shall be deemed to have ceased to be so
employed as of the last day of his employment with the Group.
7.4 If a Participant, being an Employee, ceases to be employed by the Company or any of its
subsidiaries by reason of his:-
(a) ill health, injury or disability (in each case, evidenced to the satisfaction of the Committee);
(b) redundancy;
(c) retirement at or after the legal retirement age; or
(d) resignation after reaching the age of 55, provided he has been in the service of the
Company or any of its subsidiaries, for at least five years prior to such resignation,
or any other reason approved in writing by the Committee, he may exercise any Option in
respect of all or any of the Ordinary Shares comprised in that Option:-
(i) in the case where the cessation of employment occurs after the first day of the Exercise
Period in respect of such Option, within the period of six months after the date of such
cessation of employment or before the expiry of the Exercise Period in respect of that
Option, whichever is earlier, and upon expiry of such period, the Option shall lapse; and
(ii) in the case where the cessation of employment occurs before the first day of the Exercise
Period in respect of such Option, within the period of six months after the first day of the
Exercise Period in respect of that Option, and upon expiry of such period, the Option shall
lapse.
7.5 If a Participant dies, whether or not while still in the employment of the Company or any of its
subsidiaries, and at the date of his death holds any unexercised Option, such Option shall
continue to be exercisable by the duly appointed personal representatives of the Participant in
respect of all or any of the Ordinary Shares comprised in that Option:-
(a) in the case where death occurs after the first day of the Exercise Period in respect of
such Option, within the period of six months after such death occurs or before the expiry
of the Exercise Period in respect of that Option, whichever is earlier, and upon expiry of
such period, the Option shall lapse; and
(b) in the case where death occurs before the first day of the Exercise Period in respect of
such Option, within the period of six months after the first day of the Exercise Period in
respect of that Option, and upon expiry of such period, the Option shall lapse.
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