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DATED 2017DEED ESTABLISHING THE KENYA AIRWAYS 2017 GROUP EMPLOYEE SHARE OWNERSHIP SCHEME (SUBJECT TO CMA APPROVAL)betweenKENYA AIRWAYS PLC anathemas OMONDIandDICK MURIANKICONTENTS1.DEFINITIONS AND

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How to fill out group employee share ownership

01

Step 1: Obtain the necessary documents and forms required for group employee share ownership.

02

Step 2: Determine the eligibility criteria and ensure that all participating employees meet the requirements.

03

Step 3: Communicate the benefits and process of group employee share ownership to the employees.

04

Step 4: Provide guidance and assistance to employees in completing the share ownership forms.

05

Step 5: Collect and review all completed forms to ensure accuracy and completeness.

06

Step 6: Calculate the allocation of shares for each employee based on predetermined criteria.

07

Step 7: Distribute the shares to the employees accordingly.

08

Step 8: Educate employees on the rights and responsibilities associated with the ownership of shares.

09

Step 9: Maintain proper records and documentation of the share ownership program.

10

Step 10: Periodically review and assess the effectiveness of the group employee share ownership program.

Who needs group employee share ownership?

01

Group employee share ownership is beneficial for companies or organizations that want to promote employee participation and ownership in the company.

02

It is especially useful for companies seeking to incentivize and retain employees, foster a sense of ownership and commitment, and align employee interests with company performance.

03

Group employee share ownership can be implemented in various industries and sectors, regardless of the company size.

04

Both publicly traded companies and private companies can benefit from implementing a group employee share ownership program.

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What is group employee share ownership?

Group employee share ownership is when a group of employees collectively own shares in a company.

Who is required to file group employee share ownership?

Employers who offer employee share ownership plans are required to file group employee share ownership.

How to fill out group employee share ownership?

Group employee share ownership can be filled out by providing details of the company, the employees participating, and the shares owned by each employee.

What is the purpose of group employee share ownership?

The purpose of group employee share ownership is to align the interests of employees with the success of the company and to incentivize employees to perform well.

What information must be reported on group employee share ownership?

Information such as the company name, employee details, share allocation, and any relevant agreements must be reported on group employee share ownership.

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