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CCL » Topics » Cancellation of Awards

This excerpt taken from the CCL 10-Q filed Apr 2, 2009.

Cancellation of Awards

13.5 In the event of a Change of Control, the Committee may in its discretion and upon at least 10 days’ advance notice to the affected persons, cancel any outstanding Award and pay to the holders thereof, in cash or shares, or any combination thereof, the value of such Awards based upon the price per Share received or to be received by other shareholders of the Company in the event.

This excerpt taken from the CCL DEF 14A filed Mar 7, 2005.

Cancellation of Awards

13.5    In the event of a Change of Control, the Committee may in its discretion and upon at least 10 days’ advance notice to the affected persons, cancel any outstanding Award and pay to the holders thereof, in cash or shares, or any combination thereof, the value of such Awards based upon the price per Share received or to be received by other shareholders of the Company in the event.

EXCERPTS ON THIS PAGE:

10-Q
Apr 2, 2009
DEF 14A
Mar 7, 2005

RELATED TOPICS for CCL:

"Cancellation of Awards" elsewhere:

Carnival Plc ADS (CUK)
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