2017 PERFORMANCE SHARE AND STOCK OPTION PLANS
|
|
- Ezra Fields
- 6 years ago
- Views:
Transcription
1 INFORMATION 2017 PERFORMANCE SHARE AND STOCK OPTION PLANS The Bard f Directrs f L Air Liquide at its meeting n September 20, 2017 adpted the 2017 perfrmance share and stck ptin plans which are aimed, abve and beynd incentive and mandatry prfit sharing, at assciating emplyees t a greater extent with the cmpany s perfrmance. Principles f the 2017 grant The Bard decided t cntinue the plicy initiated in 2015 aimed at giving preference t perfrmance shares rather than stck ptins in the vlumes granted. Thus, fr emplyees wh up until nw had received a mixed grant, the weight f perfrmance shares has increased cnsiderably as cmpared t that f ptins and, fr many f them, perfrmance shares have cmpletely replaced stck ptins. Fr the Executive Officer, the 2017 grant falls within the scpe f the new remuneratin plicy and the sught psitining determined by the Bard f Directrs n February 14, 2017 and apprved by the sharehlders at the Sharehlders Meeting f May 3, It takes int accunt the Grup s new size fllwing the acquisitin f Airgas. It is part f the bjective f ttal annual remuneratin set fr 2017 by the Bard f Directrs subject t gd perfrmance and gd integratin f Airgas, the weight f the variable elements t represent apprximately 75% f ttal and in the balance between fixed part, variable part and LTI, a slightly greater weight (40% f the ttal) t be given t the lng-term mtivatin. In this cntext, it was agreed that the award f perfrmance shares and stck ptins t Benît Ptier in 2017 wuld represent an IFRS value f apprximately 2,100k, an increase f 10.83% as cmpared t On the basis f these principles, the Bard f Directrs made the fllwing grants at its meeting n September 20, 2017: 2017 Stck Optin Plan The Bard granted ptins t subscribe fr shares in the Cmpany in accrdance with the fllwing terms: Exercise price The exercise price is 104 (crrespnding t the average f the pening trading prices fr the Air Liquide share during the twenty trading sessins prir t the date f the Bard f Directrs meeting, runded dwn t the nearest eur). Vlume f grants Executive fficer Vlume IFRS value (1) % f share capital Benît Ptier 23,100 ptins 424, % (1) as f September 20, 2017 Other beneficiaries The Bard f Directrs als decided t grant 50,440 ptins t 203 emplyee beneficiaries. 1
2 In ttal, it granted 73,540 ptins t subscribe fr shares, representing 0.019% f the share capital in terms f the number f shares, t 204 beneficiaries, representing 0.30% f the wrkfrce Plan Regulatins Subject t the perfrmance cnditins that apply t bth the perfrmance share and stck ptin plans (defined belw), the prvisins f the 2017 Plan Regulatins are unchanged as cmpared t thse f the 2016 Plan (term: 10 years; lck-up perid f 4 years; definitin f a cnditin f cntinued emplyment/presence in the Grup at the time f exercise f the ptins) Perfrmance Share Plans The Bard awarded perfrmance shares in accrdance with the fllwing terms: Vlume f awards Executive fficer Vlume IFRS Value (2) % f share capital Benît Ptier 17,980 perfrmance shares 1,675, % (2) as f September 20, 2017 Other beneficiaries The Bard f Directrs als decided t award 398,599 perfrmance shares t 1,831 emplyee beneficiaries. In ttal, it therefre awarded 416,579 perfrmance shares representing 0.11% f the share capital t 1,832 beneficiaries, representing 2.73% f the wrkfrce Plan Regulatins Subject t the perfrmance cnditins that apply t bth the perfrmance share and stck ptin plans (defined belw), the prvisins f the 2017 France and Wrld Perfrmance Share Plan Regulatins are identical t thse f the 2016 Plans and in particular: a. Fr France, the vesting perid is set at 3 years and the hlding perid at 2 years. As fr the Wrld Plan, it prvides fr a vesting perid f 4 years with n additinal hlding bligatin. b. Definitin f a cnditin f cntinued emplyment/presence at the end f the vesting perid in rder t receive the definitive award f shares. Cmbined On a cmbined basis, all 2017 Perfrmance Share and Stck Optin Plans cmbined, the grants decided by the Bard n September 20, 2017 are as fllws: 2
3 Executive Officer Benît Ptier (1) (2) as f September 20, 2017 Vlume IFRS Value (1) (2) % f share capital 23,100 stck ptins 17,980 perfrmance shares 424,809 1,675, % % Ttal 2,099,826 N/A All the beneficiaries 2017 Ttal number f perfrmance shares/perfrmance share equivalents % share capital 0,11% Number f beneficiaries 1,832 % f wrkfrce 2.73% The lists f emplyee beneficiaries were prepared with the aim f ensuring a certain rtatin and an enlargement f the ppulatin f beneficiaries. 29.2% f the beneficiaries f the September 20, 2017 Plans are emplyees t whm n stck ptins/perfrmance shares were granted ver the last 5 years. Perfrmance cnditins applicable t the 2017 Stck Optin and Perfrmance Share Plans All the stck ptins and perfrmance shares granted t any beneficiary within the scpe f the September 20, 2017 Plans are subject t the fllwing perfrmance cnditins that apply t bth the Stck Optin and Perfrmance Share Plans. These cnditins were adpted by the Bard f Directrs n February 14, The number f stck ptins that may be exercised ut f the ttal number f stck ptins granted and the number f perfrmance shares definitively awarded within the scpe f the 2017 Plans will therefre depend: (i) Fr 65% f the stck ptins/perfrmance shares granted, n the rate f achievement f an bjective, set by the Bard, cnsisting f the average f the annual rates f grwth in Grup undiluted net earnings per share excluding freign exchange impact and excluding exceptinal items ( Recurring EPS ) fr financial years 2017, 2018 and At the bjective set, the grant is 100% then decreases n a straight-line basis t zer if there is n grwth in EPS. In rder t take int accunt the Airgas acquisitin in May 2016 and its financing, the fllwing principle was adpted: f calculating the increase in Recurring EPS fr 2017, n the basis f the estimated financial statements fr 2016 including Airgas as f January 1 and excluding the businesses available fr sale and thus making it prbable t take int accunt cmparable data, f maintaining an exacting bjective with regard t the average f the annual rates f grwth ver this perid. This bjective has therefre been set, like fr the 2016 Plans, at a level f grwth within a range f +6% t +10% per annum. The precise bjective will be cmmunicated ex pst; 3
4 (ii) fr 35% f the stck ptins/perfrmance shares granted, fr 50% f the stck ptins/perfrmance shares referred t in sub-paragraph (ii): n an bjective f Ttal Sharehlder Return set by the Bard, defined as the average annual grwth rate f an investment in Air Liquide shares fr fiscal years 2017, 2018 and 2019 ( AL TSR ). The abslute TSR bjective is set n a cnsistent basis with histrical perfrmances. At the bjective set, the grant is 100% then decreases n a straight-line basis, t a lwer limit, fr 50% f the stck ptins/perfrmance shares referred t in sub-paragraph (ii): n the rate f Ttal Sharehlder Return frm an investment in Air Liquide shares, reinvested dividends surced frm Blmberg ( B TSR ), cmpared t the CAC 40 TSR Index, reinvested dividends (surced frm Blmberg) fr fiscal years 2017, 2018 and The rate f achievement will be 0% if the average f Air Liquide TSR is lwer than the average f the CAC 40 TSR, 50% if it is equal t the average f the CAC 40 TSR and 100% if it is mre than 2% higher than the average f CAC 40 TSR n the basis f a straight-line change. This bjective f 2%, which is slightly lwer than in 2016, can be accunted fr by the greater sensitivity f the perfrmance cnditins that are frm nw n based n a single TSR criterin (versus tw previusly: Peers TSR and CAC 40 TSR). Any grant fr a perfrmance lwer than the average f CAC 40 TSR is impssible. In sum, the applicable perfrmance cnditins are as fllws: Weighting 65% 35% Of which 50% Of which 50% Perfrmance cnditins Average f annual grwth rates in recurring Earnings per Share excluding freign exchange impact and exceptinal items fr the perid 2017/2018/2019 Ttal Sharehlder Return, defined as the average annual grwth rate f an investment in Air Liquide shares ver 3 financial years Ttal Sharehlder Return vs. CAC 40 TSR ver 3 financial years Objective Level f grwth set within a range f +6% t + 10% per annum (the precise level will be cmmunicated ex pst) Ttal Sharehlder Return set n a cnsistent basis with histrical perfrmances (the bjective will be cmmunicated ex pst) - 0% if the Air Liquide rate f return is lwer than the average f CAC 40 TSR - 50% if the Air Liquide rate f return is equal t the average f CAC 40 TSR - 100% if the Air Liquide rate f return is mre than 3% higher than the average f CAC 40 TSR (change n a straight-line basis) Achievement f perfrmance cnditins This infrmatin will be published in
5 The rate f achievement f the perfrmance cnditins will be recrded by the Bard at the time f adptin f the financial statements fr the 2019 fiscal year. The result achieved and the percentage f perfrmance shares that vest/ptins that are exercisable will als be cmmunicated. Specificities relating t the executive fficers Within the scpe f the sub-limits authrized by the Annual Sharehlders Meeting fr 38 mnths, and mst recently by the Cmbined Sharehlders Meeting f May 12, 2016 (18 th and 19 th reslutins), the Bard f Directrs sets lwer annual limits fr grants t the executive fficers, expressed (i) as a percentage f the capital and (ii) as a multiple f their remuneratin, in accrdance with the recmmendatins f the AFEP/MEDEF Cde. Taking int accunt the reductin in the number f executive fficers, the Bard f Directrs decides t adpt the fllwing limits: Limits n the grant fr the executive fficer (i) the ttal number f perfrmance shares granted in 2017 t the sle executive fficer may nt grant entitlement t a number f shares exceeding 0.012% (instead f 0.017% previusly) (it being understd that a sublimit n grants f 0.15% f the capital fr 38 mnths was set by the Annual Sharehlders Meeting n May 12, 2016). (ii) the ttal number f stck ptins granted in 2017 t the sle executive fficer may nt grant entitlement t a number f shares exceeding 0.035% f the capital (instead f 0.05% previusly) (it being specified that a sublimit n grants f 0.3% f the capital fr 38 mnths was set by the Annual Sharehlders Meeting n May 12, 2016). (iii) The maximum cumulative IFRS value f the stck ptins and perfrmance shares granted t the executive fficer may nt exceed (fr all the 2017 S0 and PS Plans cmbined) apprximately 1.5 times the amunt f his maximum grss annual remuneratin. Other specific rules The specific rules defined at the time f the grant under the 2016 Plans were restated by the Bard n September 20, They are applicable t the 2017 grants t the executive fficer as fllws: Obligatins regarding the restrictin n the exercise f stck ptins and the sale f perfrmance shares during the blackut perids prir t the publicatin f the financial statements as defined by the Cmpany. Cmmitment nt t carry ut hedging transactins with regard t the risk cncerning stck ptins/shares resulting frm the exercise f stck ptins and cncerning the perfrmance shares awarded, thrughut the length f their term f ffice. Share wnership bligatins: 5
6 bligatin t retain, in registered frm, until the terminatin f their duties, a minimum quantity f shares crrespnding t 50% f the capital gain n acquisitin net f scial charges and taxes fr each exercise f stck ptins/final award f perfrmance shares. This percentage will be adjusted dwnwards t 5% as sn as the quantity f shares held represents an amunt equal t at least 3 times the executive fficer s fixed grss annual remuneratin. pursuant t the internal rule defined by the Bard f Directrs since 2008, bligatin fr the Chairman and Chief Executive Officer t hld, in a registered accunt, a number f shares equivalent t twice the fixed grss annual remuneratin. This bligatin will remain in frce until it is exceeded by the effect f the abve-mentined rules resulting frm the French Cmmercial Cde. These bligatins are in line with the recmmendatins f the AFEP/MEDEF Cde f Nvember 24,
ADANI POWER LIMITED RELATED PARTY TRANSACTION POLICY. Page 1 of 10
ADANI POWER LIMITED RELATED PARTY TRANSACTION POLICY Page 1 f 10 TABLE OF CONTENTS Sr. N. Particulars Page Ns. 1. Preamble 3 2. Purpse 3 3. Definitins 3 4. Plicy and Prcedure 5 5. Transactins which d nt
More informationThe Company is a public company incorporated in Bermuda and its securities are listed on AIM.
(Incrprated in Bermuda Registratin N. 44512) POLICY FOR TRADING IN COMPANY SECURITIES The Cmpany is a public cmpany incrprated in Bermuda and its securities are listed n AIM. Schedule 1 t this Plicy cntains
More informationPRIMERICA, INC. COMPENSATION COMMITTEE CHARTER Adopted on March 31, 2010 and revised as of August 15, 2018
PRIMERICA, INC. COMPENSATION COMMITTEE CHARTER Adpted n March 31, 2010 and revised as f August 15, 2018 Missin The Cmpensatin Cmmittee (the Cmmittee ) f Primerica, Inc. (the Cmpany ) is respnsible fr determining
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adopted May 3, 2018
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF PLURALSIGHT, INC. Adpted May 3, 2018 PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmpensatin Cmmittee ) f the Bard f Directrs (the
More informationFinancial Statement Analysis, (FIN-621)
Lessn-5 ACCOUNTING CYCLE/PROCESS (Cntinued) Preparing Balance Sheet frm Trial Balance: We have assumed that the first mnth i.e. July was taken up in setting up f the business and n business activity as
More informationTERMS OF REFERENCE. Audit and Risk Committee (the "Committee") of Wilmcote Holdings Plc (the "Company")
References t the "Bard" shall mean the full Bard f Directrs. MEMBERSHIP - The Bard has reslved t establish a cmmittee f the Bard t be knwn as the Audit and Risk Cmmittee. - The Cmmittee shall cmprise at
More informationDANAHER CORPORATION RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES. Three-Month. Three-Month Period
Adjusted Diluted Net Earnings Per Share frm Cntinuing Operatins Diluted Net Earnings Per Share frm Cntinuing Operatins (GAAP) 29, 30, 29, 30, $ 0.81 $ 0.57 $ 2.29 $ 2.01 Pretax amrtizatin f acquisitin-related
More informationSummary of Dodd-Frank Provisions
/ / September 28, 2010 Summary f Ddd-Frank Prvisins Prxy Access/Directr Nminatin Overview. Sharehlder-nminated directr candidates must be included in the cmpany s prxy materials prvided that certain cnditins
More informationGuidelines and Recommendations Guidelines on periodic information to be submitted to ESMA by Credit Rating Agencies
Guidelines and Recmmendatins Guidelines n peridic infrmatin t be submitted t ESMA by Credit Rating Agencies 23 June 2015 ESMA/2015/609 Table f Cntents 1 Scpe... 3 2 Definitins... 3 3 Purpse f Guidelines...
More informationAudit and Risk Management Committee Charter
Audit and Risk Management Cmmittee Charter Pivtal Systems Crpratin ("Cmpany") 1. Objectives The Audit and Risk Management Cmmittee (Cmmittee) has been established by the bard f directrs (Bard) f the Cmpany.
More informationHow to Count Employees Determining Group Size Under the Medicare Secondary Payer Regulations
Hw t Cunt Emplyees Determining Grup Size Under the Medicare Secndary Payer Regulatins 1. Wh is an Emplyee? An emplyee is an individual wh wrks fr an emplyer r an individual wh, althugh nt actually wrking
More informationExtract of the 2016 Registration Document
Extract f the 2016 Registratin Dcument The english language versin f this reprt is a free translatin frm the riginal, which was prepared in French. All pssible care has been taken, t ensure that the translatin
More informationIndependent Director and Audit Committee
Independent Directr and Audit Cmmittee Rules summary The listed cmpany s bard f directrs is representing the sharehlders. They are respnsible fr making decisins n the cmpany s imprtant plicies and strategies.
More informationTERMS AND CONDITIONS FOR APPOINTMENT OF INDEPENDENT DIRECTOR
TERMS AND CONDITIONS FOR APPOINTMENT OF INDEPENDENT DIRECTOR 1 PRIVATE & CONFIDENTIAL Date: T, Independent Directrs, Subject: Appintment as an Independent Directr InfBeans Technlgies Limited Dear Sir/Madam,
More informationIMPORTANT NEWS ABOUT YOUR DANSKE INVEST ALLOCATION INVESTMENT
IMPORTANT NEWS ABOUT YOUR DANSKE INVEST ALLOCATION INVESTMENT Luxemburg, 23 May 2018 Dear Sharehlder, We are pleased t annunce a milestne in the histry f Danske Invest Allcatin and in the way we cmmunicate
More informationDe minimis aid declaration
De minimis aid declaratin Declaratin within the scpe f the prvisin f aid as referred t in the de minimis aid Regulatin (OJ 2006, L379). It is recmmended that yu read the explanatry ntes in the annex t
More informationACCT 101 LECTURE NOTES CH.
ACCT 101 LECTURE NOTES CH. 11 Crprate Reprting and Analysis Gals: 1) Be familiar with characteristics f a crpratin and with different surces f equity. 2) Be familiar with varius cmmn stck transactins,
More informationTown of Palm Beach Retirement System. Deferred Retirement Option Plan (DROP) Policies and Information for Participants
Twn f Palm Beach Retirement System Deferred Retirement Optin Plan (DROP) Plicies and Infrmatin fr Participants Twn f Palm Beach Retirement System Deferred Retirement Optin Plan (DROP) Plicies and Infrmatin
More informationΑ. New social security bodies for all insured individuals. Integration of the existing social security bodies into E.F.K.A. and E.T.E.A.E.P.
Legal Flash May 2016 Law 4387/2016 Unified Scial Security System - Refrm f insurance and pensin system Incme taxatin and gaming taxatin regulatins and ther prvisins has been published in the Gvernment
More informationSNAKK MEDIA LIMITED FINANCIAL PRODUCTS TRADING POLICY AND GUIDELINES
SNAKK MEDIA LIMITED FINANCIAL PRODUCTS TRADING POLICY AND GUIDELINES Date adpted: 5 Nvember 2015 Versin: 1 1 SCOPE OF POLICY FINANCIAL PRODUCTS TRADING POLICY AND GUIDELINES This plicy applies t all directrs,
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF ON DECK CAPITAL, INC.
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF ON DECK CAPITAL, INC. (Adpted n September 15, 2014, amended thrugh July 29, 2016) PURPOSE The purpse f the Cmpensatin Cmmittee f the Bard
More informationRelocation/Moving Procedures for New Employees
Relcatin/Mving Prcedures fr New Emplyees Purpse T prvide guidelines and restrictins regarding thse cases where relcatin csts are necessary fr an individual t accept emplyment with the University and t
More informationMichaelFarrellOnline.Wordpress.Com
MichaelFarrellOnline.Wrdpress.Cm NEW IRISH GAAP BACKGROUND Under the Cmpanies Acts, cmpany directrs must prepare accunts fr the cmpany fr each financial year using either: Cmpanies Act individual accunts
More informationHUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER
HUMAN RESOURCES AND COMPENSATION COMMITTEE CHARTER PURPOSE The Human Resurces and Cmpensatin Cmmittee (the Cmmittee ) f Precisin Drilling Crpratin (the Crpratin ) is a standing cmmittee f the bard f directrs
More informationThe VCT and EIS regimes encourage investment in unquoted trading companies by offering generous tax reliefs to investors.
briefing January 2017 VCT and EIS Qualifying Investments Is yur cmpany lking t raise investment frm venture capital trusts (VCTs) r frm individuals seeking tax relief under the enterprise investment scheme
More informationSerbia Takeover Guide
Serbia Takever Guide Cntact Marija Bjvic Bjvic & Partners marija.bjvic@bjvicpartners.cm Cntents Page INTRODUCTION 1 ACTING IN CONCERT 2 JOINT STOCK COMPANIES (JSC) 3 MANDATORY AND VOLUNTARY TOB 4 TOB PROCESS
More informationHERANBA INDUSTRIES LIMITED POLICY ON MATERIALITY OF RELATED PARTY TRANSACTIONS AND DEALING WITH RELATED PARTY TRANSACTIONS
1. Title HERANBA INDUSTRIES LIMITED POLICY ON MATERIALITY OF RELATED PARTY TRANSACTIONS AND DEALING WITH RELATED PARTY TRANSACTIONS 1.1 This plicy shall be called the Plicy n materiality f related party
More informationDisclosures in the financial statements-seminar of WIRC on & May, By Jayesh Gandhi
Disclsures in the financial statements-seminar f WIRC n & May, 2016 -By Jayesh Gandhi 1) Cash Flw Statement - Cash flw statements is cvered under the definitin f financial statements Sectin 2(40) f the
More informationIOOF SUBMITS PROPOSAL TO ACQUIRE THE TRUST COMPANY LIMITED
Level 6, 161 Cllins Street GPO Bx 264 Melburne VIC 3000 Melburne VIC 3001 Phne 13 13 69 3 September 2013 IOOF SUBMITS PROPOSAL TO ACQUIRE THE TRUST COMPANY LIMITED IOOF Hldings Limited (ASX:IFL) ( IOOF
More informationIn Force Fixed Annuity Block Reinsurance
In Frce Fixed Annuity Blck Reinsurance A Strategy t Imprve Return n Capital Many insurers are experiencing lw r negative returns n in-frce fixed annuity blcks f business. In mst cases this is driven by
More informationFirst-time Adoption of IFRSs
Chapter 20 First-time Adptin f IFRSs TABLE OF CONTENTS Standards Update 20-6 Overview f Key Requirements 20-8 Impact n Financial Statements 20-13 Analysis f Relevant Issues 20-14 Objective 20-14 Scpe 20-14
More informationFlexible Working Policy
Our HR Plicies Flexible Wrking Plicy Aim f the plicy The Kelda Grup is cmmitted t prmting flexibility in the wrkplace and believes that this flexibility can increase mtivatin, prmte wrk-life balance, wellbeing
More informationCHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF DROPBOX, INC.
CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF DROPBOX, INC. (Adpted n February 22, 2018, Effective upn the effectiveness f the registratin statement relating t the Cmpany s initial
More informationPerformance and affordability should be the key factors in deciding compensation payable to the executives.
Salient features f Recmmendatins f 2 nd Pay Revisin Cmmittee fr PSU Executives CPSEs be gruped int 5 Categries namely A+, A, B, C and D, based n the Ttal Incme, Size f Manpwer and Gegraphical spread f
More informationAPPLIED INDUSTRIAL TECHNOLOGIES, INC. EXECUTIVE ORGANIZATION & COMPENSATION COMMITTEE CHARTER
APPLIED INDUSTRIAL TECHNOLOGIES, INC. EXECUTIVE ORGANIZATION & COMPENSATION COMMITTEE CHARTER Primary respnsibility fr the rganizatin and cmpensatin f the Crpratin s executive management is vested in the
More informationDEERE & COMPANY CORPORATE GOVERNANCE POLICIES
DEERE & COMPANY CORPORATE GOVERNANCE POLICIES Adpted: December 3, 2003 Amended: August 25, 2004; May 27, 2009; December 2, 2009; August 25, 2010; December 7, 2011; December 4, 2013, December 3, 2014 and
More informationVELAN INC. REPORTS ITS THIRD QUARTER 2018/19 FINANCIAL RESULTS
Velan Inc. 7007 Côte de Liesse, Mntreal, QC H4T 1G2 Canada Tel: (514) 748-7743 Fax: (514) 748-8635 www.velan.cm PRESS RELEASE FOR IMMEDIATE RELEASE Fr further infrmatin please cntact: Yves Leduc, President
More informationQ1' FY16 Q1' FY17 Y/Y Chg Sales $ 4,600.8 $ 4,173.4 $ (427.4) Gross Profit $ $ $ (37.8) Gross Profit Margin 12.2 % 12.
$ in millins - except per share data Octber 1, 2016 CFO Review f Fiscal 2017 First Quarter Results Discntinued Operatins On September 19, 2016, Avnet, Inc. annunced that it had entered int an agreement
More informationHuman Resources & Remuneration Committee Charter. Bank of Queensland
Human Resurces & Remuneratin Cmmittee Charter Bank f Queensland 31 May 2018 1Intrductin The Human Resurces & Remuneratin Cmmittee (Cmmittee) has been established by the Bank f Queensland Limited (BOQ)
More informationFirst Trust Alternative Absolute Return Strategy ETF (FAAR) Consolidated Portfolio of Investments September 30, 2018 (Unaudited) Stated.
Cnslidated Prtfli f Investments Principal Descriptin Stated Cupn Stated Maturity U.S. TREASURY BILLS 76.6% $ 1,000,000 U.S. Treasury Bill (a)... (b) 10/11/2018 $ 999,433 1,500,000 U.S. Treasury Bill (a)...
More informationFor personal use only
T Cmpany Annuncements Office Facsimile 1300 135 638 Cmpany ASX Limited Date 23 Octber 2013 Frm Helen Hardy Pages 5 Subject Origin annunces extensin f cntract with Managing Directr Please find attached
More informationAnnouncement of Amendment to the Prospectus of the Fundshare UCITS Umbrella Fund
Annuncement f Amendment t the Prspectus f the Fundshare UCITS Umbrella Fund Herewith,. (the Manager ), in its quality f fund manager f the FundShare UCITS Umbrella Fund (the Fund, including any and all
More informationTHE OVERHAUL OF FRANCE'S TAX LAWS HAS BEEN ENACTED WHAT WILL THE 2018 FINANCE ACT CHANGE?
January 16, 2018 THE OVERHAUL OF FRANCE'S TAX LAWS HAS BEEN ENACTED WHAT WILL THE 2018 FINANCE ACT CHANGE? T Our Clients and Friends: On December 21st, 2017, the French Parliament apprved the first Finance
More informationNETFLIX, INC. (Exact name of registrant as specified in its charter)
SECURITIES AND EXCHANGE COMMISSION Washingtn, D.C. 20549 FORM 8-K Current Reprt Pursuant t Sectin 13 r 15(d) f the Securities Exchange Act f 1934 Date f Reprt (Date f earliest event reprted): December
More informationbriefing The Enterprise Investment Scheme Tax reliefs
briefing January 2016 The Enterprise Investment Scheme This nte prvides a summary f the Enterprise Investment Scheme and has been prepared based n the law up t and including the Finance (N 2) Act 2015.
More informationAudit Committee Charter
Audit Cmmittee Charter I. Purpse f Audit Cmmittee The purpse f the Audit Cmmittee, which is part f the Bard, shall be (a) t assist the Bard s versight f (i) the integrity f the Cmpany s financial statements,
More informationSuperannuation contributions tax ruling Tax deductibility of superannuation contributions
July 2011 Technical Bulletin Superannuatin cntributins tax ruling Tax deductibility f superannuatin cntributins Wh is impacted? As a result f tax ruling 2010/1 yur clients can n lnger claim a tax deductin
More informationEPPA Update Issued September 2012 / Updated October, 2012 Defined Benefit Funding Relief Provisions
EPPA Update 12-01 Issued September 2012 / Updated Octber, 2012 Defined Benefit Funding Relief Prvisins - 2012 In respnse t the decline f slvency discunt rates, the Emplyment Pensin Plans (Partial Exemptin
More informationChurch Crookham Parish Council Treasury and Investment Policy
Church Crkham Parish Cuncil Treasury and Investment Plicy 1. Plicy Backgrund 1.1 Church Crkham Parish Cuncil s Treasury and Investment plicy and its assciated strategy are cnducted in accrdance with: i)
More informationUnaudited Interim Condensed Consolidated Financial Statements As at and for the six month period ended 30 June 2017
Unaudited Interim Cndensed Cnslidated Financial Statements As at and fr the six mnth perid ended 31 July 2017 Telefónica Celular del Paraguay S.A. Cnslidated Financial Statements fr the six-mnth perid
More informationWorkers Pension Trust
Wrkers Pensin Trust YEAR ENDED 31 OCTOBER 2016 CHAIRMAN S ANNUAL STATEMENT REGARDING DC GOVERNANCE This statement is prduced pursuant t Regulatin 17 f the Occupatinal Pensin Schemes (Charges and Gvernance)
More informationTourism Development Fund ( TDF ) Guidelines for Grant Applicants
Turism Develpment Fund ( TDF ) Guidelines fr Grant Applicants Cntents 1. Abut the TDF 2. Applicant Eligibility 3. Grant Assessment Criteria 4. Business Plans & Accunts 5. Applicatin Prcedures 6. Agreements
More informationVIVINT SOLAR, INC. COMPENSATION COMMITTEE CHARTER. (Adopted as of May 9, 2014)
VIVINT SOLAR, INC. COMPENSATION COMMITTEE CHARTER (Adpted as f May 9, 2014) PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmmittee ) f the Bard f Directrs (the Bard ) f Vivint Slar, Inc. (the Cmpany
More informationPark Square Capital, LLP (the Firm, Park Square ) Remuneration Policy Statement
Park Square Capital, LLP (the Firm, Park Square ) Remuneratin Plicy Statement Overview The Remuneratin Plicy is designed t supprt Park Square s business bjectives, strategy and align risk appetite with
More informationADMINISTRATIVE REPORT
LATE DISTRIBUTION FOR COUNCIL JANUARY 20, 2009 RR-2 ADMINISTRATIVE REPORT Reprt Date: January 19, 2009 Cntact: Kenneth Bayne Cntact N.: 604.873.7223 RTS N.: 07877 VanRIMS N.: 08-2000-20 Meeting Date: January
More informationDIVIDEND DISTRIBUTION POLICY OF SOLAR INDUSTRIES INDIA LIMITED
DIVIDEND DISTRIBUTION POLICY OF SOLAR INDUSTRIES INDIA LIMITED 1 A. REGULATORY FRAMEWORK The Securities Exchange Bard f India ( SEBI ) n July 8, 2016 inserted Regulatin 43A in SEBI (Listing Obligatins
More informationInformation Package CAFETERIA 125 PLANS
Infrmatin Package CAFETERIA 125 PLANS Shaffer Insurance Services, Inc. Benefits Divisin 902 E. Ave Q-9 Palmdale Ca. 93550 Tll Free (866) 412-5872 Office Tel (661) 575 9331 Fax (661) 280 2016 Sectin 125
More informationAudit Committee Charter
www.subsea7.cm Audit Cmmittee Charter 5 23.May.17 Mark Fley VP Grup Financial Cntrller Dd Fraser Chairman f the Audit Cmmittee Revisin Revisin Date Dcument Owner Dcument Apprver Revisin: 5 Audit Cmmittee
More informationALERT. The SEC s Final Crowdfunding Rules: Still May Not Be a Crowd Pleaser. Author: Issuer and Investor Eligibility.
ALERT Nvember 4, 2015 The SEC s Final Crwdfunding Rules: Still May Nt Be a Crwd Pleaser Authr: Dnna L. Brks (860) 251-5917 dbrks@gdwin.cm On Octber 30, 2015, the Securities and Exchange Cmmissin (the SEC
More informationEXTENDED BENEFITS FOR TOTAL DISABILITY & SUCCEEDING CARRIER FOR INPATIENT ADMISSIONS
UnitedHealthcare Oxfrd Administrative Plicy EXTENDED BENEFITS FOR TOTAL DISABILITY & SUCCEEDING CARRIER FOR INPATIENT ADMISSIONS Plicy Number: ADMINISTRATIVE 149.11 T2 Effective Date: December 1, 2017
More informationUPDATE ON CAPITAL PLAN, Q GROWTH, AND STRATEGIC KPIs. Warsaw, 10 January 2018
UPDATE ON CAPITAL PLAN, Q4 2017 GROWTH, AND STRATEGIC KPIs Warsaw, 10 January 2018 INTRODUCTION The purpse f this dcument is t prvide an update n: Alir Bank s capital plan, in light f certain events having
More informationFor personal use only
8 March 2017 KABUNI ENTERS INTO A LETTER OF INTENT FOR POTENTIAL SALE OF ITS OPERATING SUBSIDIARIES AND ALSO RESETS STRATEGIC PRIORITIES The Bard f Directrs f Kabuni Ltd. (the Cmpany r Kabuni ) is pleased
More informationCORPORATE GOVERNANCE POLICY
CORPORATE GOVERNANCE POLICY Bard Missin Sagicr Real Estate X Fund Limited ( X Fund r the Cmpany ) was incrprated in 2011 under the laws f St. Lucia as an Internatinal Business Cmpany (IBC). X Fund is cmmitted
More informationFINANCE & AUDIT COMMITTEE
FINANCE & AUDIT COMMITTEE Page 1 f 8 CHARTER f the Finance & Audit Cmmittee f the Bard Of Directrs f Spectral Medical Inc. Purpse The primary functin f the Finance & Audit Cmmittee (the Cmmittee ) f the
More informationHuntington Bancshares Incorporated
Audit Cmmittee Apprved By: Bard f Directrs Huntingtn Bancshares Incrprated Apprval Date 1 f 6 Purpse f Cmmittee The Audit Cmmittee (Cmmittee) is established by the Bard f Directrs (Bard) t assist the Bard
More informationThomson Reuters Reports Fourth-Quarter and Full-Year 2017 Results
Thmsn Reuters Reprts Furth-Quarter and Full-Year 2017 Results TORONTO, February 8, 2018 Thmsn Reuters (TSX/NYSE: TRI) tday reprted results fr the furth quarter and full year ended December 31, 2017. As
More informationClient Advisory. Pension Changes Proposed: Federal Funding and Investment Rules. Proposed Funding Rules. Summary
Client Advisry Pensin Changes Prpsed: Federal Funding and Investment Rules May 7, 2010 Summary On May 3, 2010, the Federal Minister f Finance (Finance) released Regulatins Amending Certain Regulatins Made
More informationPershing Financial Services Guide (FSG) including its Privacy Policy
Pershing Financial Services Guide (FSG) including its Privacy Plicy Issued by Pershing Securities Australia Pty Ltd ABN 60 136 184 962 Australian Financial Services License N. 338 264 Date FSG was prepared:
More informationInvestor Teleconference Presentation First Quarter Fastenal Company April 12, 2017
Investr Telecnference Presentatin First Quarter 2017 Fastenal Cmpany April 12, 2017 1 Safe Harbr Statement All statements made herein that are nt histrical facts (e.g., gals regarding Onsite and vending
More informationHEIDRICK & STRUGGLES INTERNATIONAL, INC. Corporate Governance Guidelines
HEIDRICK & STRUGGLES INTERNATIONAL, INC. Crprate Gvernance Guidelines The Heidrick & Struggles Internatinal, Inc. (The Cmpany ) Bard f Directrs (the Bard ) and management believe that the Cmpany, in the
More informationNANOSTRING TECHNOLOGIES, INC. COMPENSATION COMMITTEE CHARTER. (Adopted as of October 16, 2012 and amended as of April 26, 2017)
NANOSTRING TECHNOLOGIES, INC. COMPENSATION COMMITTEE CHARTER (Adpted as f Octber 16, 2012 and amended as f April 26, 2017) PURPOSE The purpse f the Cmpensatin Cmmittee (the Cmmittee ) f the Bard f Directrs
More informationNATCHITOCHES HISTORIC DISTRICT DEVELOPMENT COMMISSION STATE OF LOUISIANA
NATCHITOCHES HISTORIC DISTRICT DEVELOPMENT COMMISSION STATE OF LOUISIANA Independent Accuntants* Reprt n Applying Agreed-Upn Prcedures June 30, 2013 GRIFFIN & COAAPANY, LLC CERTIFIED PUBLIC ACCOUNTANTS
More informationRisk and Audit Committee charter
Risk and Audit Cmmittee charter 1. Intrductin The Bard f Cffey Internatinal Limited ( Cffey r the Cmpany ) has established a Risk and Audit Cmmittee ( Cmmittee ). It is nted that the Cmmittee is a sub-cmmittee
More informationManitex International, Inc. (NASDAQ:MNTX)
Manitex Internatinal, Inc. (NASDAQ:MNTX) Cnference Call Secnd Quarter 2016 August 4th, 2016 Frward Lking Statements & Nn GAAP Measures Safe Harbr Statement under the U.S. Private Securities Litigatin Refrm
More informationSopra Group. Minutes of the Combined General Meeting of 13 June 2013
Disclaimer This dcument is a free translatin int English f the riginal French press release. It is nt a binding dcument. In the event f a cnflict in interpretatin, reference shuld be made t the French
More informationEOFY tax strategies for small businesses
As we apprach the end f the financial year (EOFY), there are a number f smart strategies yu culd cnsider t help yu streamline yur finances and legitimately save n yur tax bill. Insurance premiums Sme insurance
More informationPAYMENT PLAN REQUEST INFORMATION Texas Property Code - Section (Not Applicable for Condominium Associations Governed Under Section 82)
PAYMENT PLAN REQUEST INFORMATION Texas Prperty Cde - Sectin 209.0062 (Nt Applicable fr Cndminium Assciatins Gverned Under Sectin 82) This dcument includes infrmatin regarding a payment plan request in
More informationTHE CLOROX COMPANY AUDIT COMMITTEE CHARTER. [Effective May 8, 2017]
THE CLOROX COMPANY AUDIT COMMITTEE CHARTER [Effective May 8, 2017] PURPOSE AND AUTHORITY The Audit Cmmittee ( Cmmittee ) is established by the Bard f Directrs ( Bard ) fr the purpses f: 1. Representing
More informationInvestor Teleconference Presentation Third Quarter Fastenal Company October 11, 2017
Investr Telecnference Presentatin Third Quarter 2017 Fastenal Cmpany Octber 11, 2017 1 Safe Harbr Statement All statements made herein that are nt histrical facts (e.g., gals regarding Onsite and vending
More informationSopra Group. Minutes of the Combined General Meeting of 27 June 2014
Disclaimer This dcument is a free translatin int English f the riginal French press release. It is nt a binding dcument. In the event f a cnflict in interpretatin, reference shuld be made t the French
More informationBolton Global Capital
Bltn Glbal Capital CUSTOMER REQUEST FOR APPROVAL TO PURCHASE PENNY STOCKS INCOMPLETE INFORMATION WILL RESULT IN NON-APPROVAL Acct # -- Rep # Rep Name Client Name (please print) (please print) Legal Address
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washingtn, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant t Sectin 13 r 15(d) f the Securities Exchange Act f 1934 Date f Reprt (Date f earliest event reprted)
More informationTASSAL GROUP LIMITED ABN Procedures for the Oversight and Management of Material Business Risks. (Approved by the Board 28 May 2015)
Prcedures fr the Oversight and Management f Material Business Risks TASSAL GROUP LIMITED ABN 15 106 067 270 Prcedures fr the Oversight and Management f Material Business Risks (Apprved by the Bard 28 May
More informationForest Stewardship Council
FSC ANNUAL ADMINISTRATION FEE POLICY Title: ANNUAL ADMINISTRATION FEE POLICY (AAF) 2011 FSC reference cde: FSC-POL-20-005 V1-0 Type f dcument: FSC Plicy Status f dcument: Final Date: 26 July 2010 Deadline
More informationUniversity of Maine System
University f Maine System Nvember 6, 2014 EXECUTIVE SUMMARY AUDIT RESULTS JUNE 30, 2014 COMMON TERMS GASB Gvernmental Accunting Standards Bard. This bard is respnsible fr establishing standards f accunting
More informationAMENDMENTS TO NASDAQ RULES ON COMPENSATION COMMITTEES
March 2013 AMENDMENTS TO NASDAQ RULES ON COMPENSATION COMMITTEES Summary. The Securities and Exchange Cmmissin recently apprved the fllwing amendments t the NASDAQ listing rules relating t cmpensatin cmmittees:
More informationTransfer Pricing Country Summary Hungary
Page 1 f 6 Transfer Pricing Cuntry Summary Hungary February 2018 tpa-glbal.cm Page 2 f 6 Legislatin Existence f Transfer Pricing Laws/Guidelines The applicatin f the arm s length principle between related
More informationREMUNERATION POLICY EDMOND DE ROTHSCHILD ASSET MANAGEMENT (FRANCE)
REMUNERATION POLICY EDMOND DE ROTHSCHILD ASSET MANAGEMENT (FRANCE) 1. General prvisins... 2 2. Definitins... 3 3. Objectives f the Remuneratin Plicy... 4 3.1. Cnslidate EdRAM s strategy, bjectives, values
More informationExternal auditor appointment and independence
External auditr appintment and independence External auditr appintment and independence Page 1 f 5 Cntents 1 Purpse... 3 2 Cverage / Scpe... 3 3 Values & Cmmitments... 3 4 Plicy... 3 4.1 Selectin and appintment
More informationInformation on capital adequacy. of Bank Polska Kasa Opieki S.A. Group. as at 31 December 2008
Infrmatin n capital adequacy f Bank Plska Kasa Opieki S.A. Grup Warsaw. May 2009 The scpe and principles f publishing infrmatin specified in Reslutin N. 6/2007 f the Cmmissin fr Banking Supervisin (KNB)
More informationCYBG PLC BOARD REMUNERATION COMMITTEE. Charter
Charter Cmmittee Rle The Bards Remuneratin Cmmittee will act as the bard level Remuneratin Cmmittee fr Clydesdale and Yrkshire Banking Grup ( CYBG ) PLC and its subsidiaries, including fr the avidance
More informationGENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER. Amended and Restated: December 13, 2017
GENERAL MOTORS COMPANY AUDIT COMMITTEE CHARTER Amended and Restated: December 13, 2017 Purpse The purpse f the Audit Cmmittee is t assist the Bard f Directrs f General Mtrs Cmpany in its versight f the
More informationRequest for Proposal. For. Unemployment Insurance Services. November 9, 2016
Request fr Prpsal Fr Unemplyment Insurance Services Nvember 9, 2016 I. INTRODUCTION: Opprtunities fr Williamsn and Burnet Cunties invites qualified firms t submit a Statement f Qualificatins t prvide unemplyment
More informationNewsletter April 2017
Crprate & Securities Singapre Newsletter April 2017 In This Issue: MAS Guidelines n Online Distributin f Life Plicies with N Advice MAS impses restrictins n Financial Advisr's cmmissin payut MAS Guidelines
More informationMICRO GROUP EMPLOYER DOCUMENTATION REQUIREMENTS
Seattle, Washingtn 98101 MICRO GROUP EMPLOYER DOCUMENTATION REQUIREMENTS D nt cancel any existing plicies until yu receive cnfirmatin f final rates and/r acceptance f the grup by Regence BlueShield (Regence).
More informationQUESTION WE VE BEEN ASKED
Date f issue: 23 February 2018 QUESTION WE VE BEEN ASKED QB 18/05 Incme Tax insurance persnal sickness and accident insurance taken ut by emplyer fr the benefit f an emplyee This Questin We ve Been Asked
More informationCanadian Association for the Study of the Liver Endorsement Policy
Canadian Assciatin fr the Study f the Liver Endrsement Plicy 1. Purpse: The purpse f this CASL plicy is t define the criteria and the prcess that will be fllwed fr requests frm utside rganizatins, agencies,
More informationTWU OFFICE OF RESEARCH & SPONSORED PROGRAMS INSTRUCTIONS FOR USING THE TWU PROPOSAL APPROVAL ROUTING FORM
TWU OFFICE OF RESEARCH & SPONSORED PROGRAMS INSTRUCTIONS FOR USING THE TWU PROPOSAL APPROVAL ROUTING FORM Phne: (940) 898-3375 Website: http://www.twu.edu/research/ WHEN TO SUBMIT THROUGH RESEARCH & SPONSORED
More informationApproval Process and Arrangements for University Consultancy Work
Apprval Prcess and Arrangements fr University Cnsultancy Wrk 1 Intrductin Cnsultancy activities can be separated int tw types: thse undertaken in City s name (University cnsultancy) and thse undertaken
More informationlaunchpad enterprise management incentives January 2014 Enterprise management incentives (EMI): General requirements Qualifying companies
launchpad January 2014 enterprise management incentives Enterprise management incentives (EMI) ptins are tax-privileged share ptins available t small and mediumsized trading cmpanies. Share ptins are an
More information