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Nominal option, Nominal Value Definition

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    If the Option is exercised during the Holding Period, references to the transfer or allotment of Shares to the Award Holder shall be construed as references to the transfer or allotment of Shares to the Nominee to be held on behalf of the Award Holder.

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    The exercise of a Nominal Cost Option or Linked Option under this Part C shall be effected in the form and manner prescribed by the Remuneration Committee and, unless the Remuneration Committee determines otherwise, any Notice of Exercise shall take effect only when received by the Company nominal option with the relevant exercise monies or an agreement to provide such monies pursuant to arrangements acceptable to the Company.

    Unless the Board decides otherwise, an Award will not be made to an Eligible Employee who on or before the Award Date has given or received notice of termination of employment whether or not lawful. For so long as the Shares in the Company are admitted to dealing on the Official List of the London Stock Exchange or any other stock exchange, the Company shall apply for Shares in respect of Share Award which has been exercised in the case of a Nominal Cost Option or a Linked OptionReleased in the case of Restricted Shares or Vested in the case of other Share Awards to be admitted to dealing, if they were not so admitted already.

    For so long as the Shares in the Company are admitted to dealing on the Official List of the London Stock Exchange plc or any other stock exchange, the Company shall apply for Nominal option in respect of Share Award which has been exercised in the case of a Nominal Cost Option or a Linked OptionReleased in the case of Restricted Shares nominal option Vested in the case of other Share Awards to be admitted to nominal option, if they were not so admitted already.

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