LTIP—deed of grant
LTIP—deed of grant

The following Share Incentives precedent provides comprehensive and up to date legal information covering:

  • LTIP—deed of grant

This Deed is entered into on [insert date on which the deed is executed] by [insert name of the company granting the Awards] whose registered office is at [insert address of registered office] (Company).

By this Deed, the Company hereby grants Awards pursuant to [insert the name of the plan pursuant to which the Awards are granted] (LTIP) to the Eligible Employees, at the Option Price (where applicable), and in respect of the number of [insert class of shares and nominal value of shares which are being granted under Award] (Shares) as set out in Appendix 1 to this Deed.

Subject to the rules of the LTIP, the Awards granted by this Deed will ordinarily Vest on the date or dates set out in Appendix 1 but, where indicated in accordance with Appendix 1, such Vesting

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