16.
Terms of employment unaffected
The terms of employment of a Participant (who is a Group Employee) shall not be affected by his participation in the
Scheme, which shall neither form part of such terms nor entitle him to take into account such participation in calculating
any compensation or damages on the termination of his employment for any reason.
17.
Duration
17.1 The Scheme shall continue to be in force at the discretion of the Committee, subject to a maximum period of
10 years commencing on the Adoption Date, provided always that the Scheme may continue beyond the above
stipulated period with the approval of the Company’s shareholders by ordinary resolution in general meeting
and of any relevant authorities which may then be required.
17.2 The Scheme may be terminated at any time by the Committee or by resolution of the Company in general
meeting subject to all relevant approvals which may be required and if the Scheme is so terminated, no further
Awards shall be vested by the Company thereunder.
17.3 The termination of the Scheme shall not affect Awards which have been vested, whether such Shares have been
delivered or not.
18.
Taxes
All taxes (including income tax) arising from the grant and/or disposal of Shares pursuant to the Awards granted to any
Participant under the Scheme shall be borne by that Participant.
19.
Costs and expenses
19.1 Each Participant shall be responsible for all fees of CDP relating to or in connection with the issue and allotment
or transfer of any Shares pursuant to the Awards in CDP’s name, the deposit of share certificate(s) with CDP,
the Participant’s securities account with CDP, or the Participant’s securities sub-account with a CDP Depository
Agent or CPF investment account with a CPF agent bank.
19.2 Save for the taxes referred to in Rule 18 and such other costs and expenses expressly provided in the Scheme
to be payable by the Participants, all fees, costs and expenses incurred by the Company in relation to the Scheme
including but not limited to the fees, costs and expenses relating to the allotment, issue and/or delivery of Shares
pursuant to the Awards shall be borne by the Company.
20.
Disclaimer of liability
Notwithstanding any provisions herein contained, the Board, the Committee and the Company shall not under any
circumstances be held liable for any costs, losses, expenses and damages whatsoever and howsoever arising in any
event, including but not limited to the Company’s delay in issuing or transferring the Shares or applying for or procuring
the listing of the Shares on the SGX-ST.
21.
Disputes
Any disputes or differences of any nature arising hereunder shall be referred to the Committee and its decision shall be
final and binding in all respects.
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