SCHEDULES

SCHEDULE 2 U.K.Approved share incentive plans

Part 3 U.K.Eligibility of individuals

Eligibility of individuals: introduction U.K.

13 U.K.A SIP must meet the plan requirements contained in—

• paragraph 14 (time of eligibility to participate),

• paragraph 15 (the employment requirement),

• [F1 paragraph 18 (requirement not to participate simultaneously in connected SIPs), paragraph 18A (successive participation in connected SIPs), and]

• paragraph 19 (the “no material interest” requirement).

Textual Amendments

F1 Words in Sch. 2 para. 13 substituted (10.7.2003) by Finance Act 2003 (c. 14), Sch. 21 para. 3