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Notification to EBT of proposed grant of awards under operating agreement
Practical Law UK Standard Document 6-385-6266 (Approx. 6 pages)
Notification to EBT of proposed grant of awards under operating agreement
| Maintained • , England, Wales |
A precedent to notify the trustee of an employee benefit trust that the company intends to grant share options or awards which the company intends will fall within an operating agreement with the trustee, and be satisfied by the trustee. The notification of proposed grant is a requirement under the operating agreement.