UNM » Topics » Eligibility

These excerpts taken from the UNM 10-K filed Feb 24, 2009.

ELIGIBILITY

        6.1.         GENERAL. Options may be granted only to individuals who are employees, officers, consultants, Producers or directors of the Corporation or a Parent or Subsidiary; provided, however, that no Options shall be granted under the Plan to a person who is an Officer or Director (as such capitalized terms are defined in Section 3.1).


    SECTION 4.         Eligibility

Awards may be granted under the Plan to Eligible Individuals; provided, however, that Incentive Stock Options may be granted only to employees of the Company and its subsidiaries or parent corporation (within the meaning of Section 424(f) of the Code).

ELIGIBILITY

ALIGN="justify">        6.1.         GENERAL. Options may be granted only to individuals who are employees, officers,
consultants, Producers or directors of the Corporation or a Parent or Subsidiary; provided, however, that no Options shall be granted under the Plan to a person who is an Officer or Director (as such capitalized terms are defined in
Section 3.1).








    SECTION 4.         Eligibility

STYLE="margin-top:12px;margin-bottom:0px; text-indent:5%">Awards may be granted under the Plan to Eligible Individuals; provided, however, that Incentive Stock Options may be granted only to employees of
the Company and its subsidiaries or parent corporation (within the meaning of Section 424(f) of the Code).

This excerpt taken from the UNM DEF 14A filed Apr 7, 2008.

Eligibility

A person is an eligible employee if he or she meets the criteria set forth in the Plan, primarily that the person has been an employee for at least six (6) weeks as of the day prior to the issuance of invitations to participate and who is taxable as an employee under Schedule E (Irish law). An Option may be granted only to a person who is an employee at the time of invitation and the time of the grant. An Option can be exercised to purchase shares only if the person seeking to acquire shares is an employee of the Company at that time. The Option holder has six months after the first date on which the Option may be exercised to effect such exercise. Failure to exercise within this time period results in the lapse of the Option. The Plan also contains provisions for the exercise or lapse of the Option in the event of death, disability, pregnancy, end of employment other than by retirement, retirement at the usual age, early retirement, or the merger or termination of the Company or its parent corporations for any reason. Approximately 300 persons will eligible to participate in the Plan once the Company is fully staffed over the next three years. For 2008, it is expected that there will 50 employees eligible to participate.

This excerpt taken from the UNM 10-K filed Feb 25, 2008.

SECTION 4. Eligibility

Awards may be granted under the Plan to Eligible Individuals; provided, however, that Incentive Stock Options may be granted only to employees of the Company and its subsidiaries or parent corporation (within the meaning of Section 424(f) of the Code).

This excerpt taken from the UNM DEF 14A filed Apr 10, 2007.

SECTION 4. Eligibility

Awards may be granted under the Plan to Eligible Individuals; provided, however, that Incentive Stock Options may be granted only to employees of the Company and its subsidiaries or parent corporation (within the meaning of Section 424(f) of the Code).

This excerpt taken from the UNM DEF 14A filed Apr 11, 2005.

Eligibility

 

6.1    General.    Awards may be granted only to individuals who are employees, officers, Producers or directors of the Corporation or a Parent or Subsidiary.

 

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