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17. TAXES
APPENDIX C
All taxes (including income tax) arising from the exercise of any Option granted to any Participant
under the Scheme shall be borne by that Participant.
18. COSTS AND EXPENSES OF THE SCHEME
18.1 Each Participant shall be responsible for all fees of CDP relating to or in connection with the
issue and allotment of any Shares pursuant to the exercise of any Option in CDP’s name, the
deposit of share certificate(s) with CDP, the Participant’s securities account with CDP, or the
Participant’s securities sub-account with a CDP Depository Agent or CPF investment account
with a CPF agent bank.
18.2 Save for the taxes referred to in Rule 17 and such other costs and expenses expressly provided
in the Scheme to be payable by the Participants, all fees, costs and expenses incurred by the
Company in relation to the Scheme including but not limited to the fees, costs and expenses
relating to the allotment and issue of Shares pursuant to the exercise of any Option shall be
borne by the Company.
19. DISCLAIMER OF LIABILITY
Notwithstanding any provisions herein contained, the Committee and the Company shall not
under any circumstances be held liable for any costs, losses, expenses and damages whatsoever
and howsoever arising in any event, including but not limited to the Company’s delay in issuing
the Shares or applying for or procuring the listing of the Shares on the Stock Exchange in
accordance with Rule 9.3.
20. DISCLOSURE IN ANNUAL REPORT
The following disclosures (as applicable) will be made by the Company in its annual report for
so long as the Plan continues in operation:-
(a) the names of the members of the Committee administering the Plan;
(b) the information in respect of Options granted to the following Participants in the table set
out below:-
(i) Directors of the Company; and
(ii) Participants, other than those in (i) and (ii) above, who receive five per cent. or more
of the total number of Shares available under the Plan; and
Name of Number of Aggregate Aggregate Aggregate
Participant Shares number of number of number of
comprised in Shares Shares Shares
Options granted comprised comprised comprised
during financial in Options in Options in Options
year under granted since exercised since outstanding
review (including commencement commencement as at end of
terms) of Plan to end of Plan to end financial under
of financial of financial review
under review under review
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