Micklefield clause for use in an employment contract
Micklefield clause for use in an employment contract

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

  • Micklefield clause for use in an employment contract

Produced in partnership with Sam Whitaker of Shearman and Sterling LLP

The employee may, during his employment, be granted rights upon the terms and subject to the conditions of the rules from time to time of [name of option/equity scheme] or any other profit sharing, share incentive, share option, bonus or phantom option scheme operated by the Company or any other Group Company with respect to shares in the Company or any other Group Company (Award). If:

  1. on terminatio