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Article L225-183 of the French Commercial code

The Extraordinary General Meeting sets the period during which the options must be exercised. The rights resulting from the options granted are non-transferable until the option has been exercised. In the event of the death of the beneficiary, his heirs may exercise the option within six months of the death.

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Article L225-184 of the French Commercial code

A special report informs the Ordinary General Meeting each year of the transactions carried out under the provisions of articles L. 225-177 to L. 225-186. This report also gives an account of: the number, expiry dates and prices of stock subscription or purchase options which, during the year and by virtue of the offices and positions held in the company, have been granted to each of these officers by the…

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Article L225-185 of the French Commercial code

Options giving entitlement to subscribe for shares may be granted for a period of two years from the company’s registration, to corporate officers who are natural persons and who participate with employees in the formation of a company. Such options may also be granted, for a period of two years from the date of repurchase, to natural person corporate officers of a company who acquire with employees the majority of…

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Article L225-187-1 of the French Commercial code

Articles L. 225-192 to L. 225-194 and article L. 225-197 remain applicable as they stood prior to the publication of the loi n° 2001-152 du 19 février 2001 sur l’épargne salariale jusqu’à l’expiration d’un délai de cinq ans à compter de cette publication.

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Article L225-197-1 of the French Commercial code

I.-The Extraordinary General Meeting, on the report of the Board of Directors or the Management Board, as the case may be, and on the special report of the company’s Statutory Auditors or, if none has been appointed, of a Statutory Auditor appointed for this purpose in accordance with the procedures set out in Articles L. 225-228 or L. 22-10-66, may authorise the Board of Directors or the Management Board to…

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Article L225-197-3 of the French Commercial code

The rights resulting from the allocation of free shares are non-transferable until the end of the vesting period. In the event of the death of the beneficiary, his heirs may request the allocation of the shares within six months of the death. These shares are freely transferable.

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Article L225-197-4 of the French Commercial code

A special report informs the Ordinary General Meeting each year of the transactions carried out under the provisions of Articles L. 225-197-1 to L. 225-197-3. This report also gives an account of: the number and value of shares which, during the year and by virtue of the offices and functions held in the company, have been allocated free of charge to each of these officers by the company and by…

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