KINGSMEN CREATIVES LTD
ANNUAL REPORT
2014
113
SCHEDULE A
RULES OF THE KINGSMEN PERFORMANCE SHARE SCHEME
1.
Name of the Scheme
The Scheme shall be called the “Kingsmen Performance Share Scheme”.
2.
Definitions
2.1
In the Scheme, unless the context otherwise requires, the following words and expressions shall have the
following meanings:
"Act"
The Companies Act, Chapter 50 of Singapore, as amended, modified or
supplemented from time to time
"Adoption Date"
The date on which the Scheme is adopted by the Company in general
meeting
“Associated Company”
A company in which at least 20% but not more than 50% of its shares
are held by the Company or the Group and over which the Company
has control
“Associated Company Employee”
An executive or non-executive director of an Associated Company
or a full time employee of an Associated Company selected by the
Committee to participate in the Scheme in accordance with Rule 4
"Auditors"
The auditors for the time being of the Company
"Awards"
The contingent award of Shares under the Scheme
"Board"
The board of directors of the Company for the time being
"CDP"
The Central Depository (Pte) Limited
“Commencement Date”
The date for the commencement of the Scheme
"Committee"
A committee comprising directors of the Company, duly authorised,
appointed and nominated by the Board pursuant to the Rules to
administer the Scheme
"Company"
Kingsmen Creatives Ltd., a company incorporated in Singapore
"Controlling Shareholder"
A shareholder who, in relation to the Company, has control, or as such
term may be defined in the Listing Manual
"CPF”
The Central Provident Fund
"Group"
The Company together with its subsidiaries
"Group Employee"
Any employee of the Group (including any Group Executive Directors)
who meet the relevant age and rank criteria and whose services
had been seconded to a company within the Group) selected by the
Committee to participate in the Scheme in accordance with Rule 4
“Group Executive Director”
A director of the Company and/or its subsidiaries, as the case may be,
who performs an executive function within the Group
“Listing Manual”
The Listing Manual of the SGX-ST, as amended, modified or
supplemented from time to time
“Market Day”
A day on which the SGX-ST is open for trading in securities
“Non-Executive Director”
A person who is: (a) an independent director of the Company; or (b) a
director of the Company and/or any of its subsidiaries, as the case may
be, other than a Group Executive Director
“Participant”
A person who is selected by the Committee to participate in the Scheme
in accordance with these provisions
“Performance Period”
The performance period during which the Performance Targets shall
be satisfied
Letter To Shareholders
