30.07.2012 Views

Asiaone 1-42

Asiaone 1-42

Asiaone 1-42

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

APPENDIX C<br />

Vesting Schedule<br />

Subject to the Scheme and to the terms of the letter of offer dated , the Option may normally be<br />

exercised, during the Exercise Period, at the following times and in the following manner:-<br />

Vesting Schedule Percentage of Shares over<br />

which an Option is exercisable<br />

On the first anniversary of the Date of Grant 30%<br />

On the second anniversary of the Date of Grant 30%<br />

On the third anniversary of the Date of Grant 40%<br />

In relation to the Option, if the Participant, during any of the periods specified above, exercises that<br />

Option for such number of Shares which in aggregate represents less than the number of Shares for<br />

which the Participant may exercise in respect of such period, the balance of the Shares comprised<br />

in that Option for which the Participant could have exercised (but did not exercise) in that period<br />

shall be carried forward and added to the number of Shares (but shall not be taken into account in<br />

determining the number of Shares) which the Participant may exercise in the next succeeding period.<br />

204

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!