Asiaone 1-42

6. SUBSCRIPTION PRICE
APPENDIX C
6.1 Subject to any adjustment pursuant to Rule 11, the Subscription Price for each Share in
respect of which an Option is exercisable shall be determined by the Committee, in its absolute
discretion, on the Date of Grant, to be a price equal to the Market Price.
6.2 The Subscription Price shall in no event be less than the nominal value of a Share.
7. RIGHTS TO EXERCISE OPTIONS
7.1 Subject as provided in Rules 7 and 8, an Option shall be exercisable, in whole or in part,
during the Exercise Period applicable to that Option and in accordance with the Vesting Schedule
applicable to that Option.
7.2 An Option shall, to the extent unexercised, immediately lapse without any claim whatsoever
against the Company:-
(a) in the event of misconduct on the part of the Participant as determined by the Committee
in its discretion;
(b) subject to Rule 7.3(b), where the Participant ceases at any time to be in the employment
of any of the Group, the Parent Group or an Associated Company, for any reason
whatsoever;
(c) 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 an Option; or
(d) the company by which he is employed ceasing to be a company within the Group, the
Parent Group or an Associated Company or the undertaking or part of the undertaking of
such company being transferred otherwise than to another company within the Group or
the Parent Group or to an Associated Company.
For the purpose of Rule 7.2(b), the Participant shall be deemed to have ceased to be so
employed as of the last day of his employment.
For avoidance of doubt, no Option shall lapse pursuant to Rule 7.2(b) in the event of any
transfer of employment of a Participant between the Group, the Parent Group and any
Associated Company.
7.3 In any of the following events, namely:-
(a) where the Participant ceases at any time to be in the employment of any of the Group,
the Parent Group or an Associated Company, by reason of:-
(i) ill health, injury or disability (in each case, evidenced to the satisfaction of the
Committee);
(ii) redundancy;
(iii) retirement at or after the legal retirement age;
(iv) retirement before the legal retirement age with the consent of the Committee; or
(b) where a Participant, being a Non-Executive Director, ceases to be a director of the
Company, the relevant subsidiary of the Company, the Parent Company, the relevant
subsidiary of the Parent Company, the relevant Associated Company or, as the case may
be, the relevant subsidiary of an Associated Company for any reason whatsoever; or
195