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IOSP » Topics » 10.2 Alteration which affects subsisting rights of Option Holders

This excerpt taken from the IOSP DEF 14A filed Mar 31, 2008.

10.2  Alteration which affects subsisting rights of Option Holders

 

Subject to Rule 10.4 no alteration may be made which would abrogate or adversely affect the subsisting rights of Option Holders save that the Committee may make such alterations to the provisions of Rule 4.5 as it in its discretion sees fit to take account of legal developments or advice or changes in market practice.

 

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