This excerpt taken from the NKE 10-K filed Jul 27, 2009.
Securities Law Notification. The Plan document has not been lodged or registered as a prospectus with the Monetary Authority of Singapore. Accordingly, the Plan and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of options may not be circulated or distributed, nor may the options be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to a qualifying person under Section 273(1)(f) of the Securities and Futures Act, Chapter 289 of Singapore (the Act) or (ii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the Act.
Director Notification Obligation. If the Optionee is a director, associate director or shadow director of a Singapore subsidiary of the Company, the Optionee is subject to certain notification requirements under the Singapore Companies Act. Among these requirements is an obligation to notify the Singaporean subsidiary in writing when the Optionee receives an interest (e.g., Option, shares) in the Company or any related companies. Please contact the Company to obtain a copy of the notification form. In addition, the Optionee must notify the Singapore subsidiary when the Optionee sells shares of the Company or any related company (including when the Optionee sell shares acquired under the Plans). These notifications must be made within two days of acquiring
or disposing of any interest in the Company or any related company. In addition, a notification must be made of the Optionees interests in the Company or any related company within two days of becoming a director.