A total of 793,650 options have been granted to the Managing Director of TIE France SAS. The strike price amounts to EUR 0.126 which is yesterday’s closing price of the TIE stock. Fifty percent (50%) of the options have a vesting period of one year, the remaining fifty percent (50%) have a vesting period of two years; the full term amounts to ten
(10) years.
The individual option plan was agreed in connection with the sale and purchase of the remaining 49.75% of the shares in TIE France SAS which took place in November 2008. This option plan does not form part of the Annual Stock Option program for all staff members of TIE worldwide. The latter will be passed this year, due to disappointing results.
Profile TIE
TIE (NYSE Euronext: TIE Holding) delivers innovative web centric, software based solutions that enable all trading partners in the supply chain to work seamlessly together on the major E-commerce processes of marketing, sales and fulfillment. With its TIE Kinetix concept, it provides a Total Integrated E-commerce process, embracing three innovative platforms for Business Integration (including e-invoicing, XML/EDI data synchronization), Content Syndication and E-commerce. The Total Integrated E-commerce solutions minimize the energy needed for a transaction lifecycle throughout the supply chain giving organizations the advantage to reduce cost and maximize revenue and profit.
TIE has more than two decades of experience in developing and implementing global E commerce standards. TIE is a listed company with offices in the United States, Australia, France and the Netherlands.
Further information:
TIE Holding N.V.
Jan Sundelin, CEO
Antareslaan 22-24
2132 JE Hoofddorp
The Netherlands
T: +31-20-658 93 33
F: +31-20-658 90 01
E:
info@TIEHolding.com
W:
www.TIEHolding.com