0001623613-17-000014.txt : 20170510
20170510091814
10-Q
10-Q
10-Q
20170331
20170331
PHARMACEUTICAL PREPARATIONS
2834
000162361317000014
144
Mylan N.V.
>0001623613-17-000014.hdr.sgml : 20170510
20170510
<SEC-HEADER>0001623613-17-000014.hdr.sgml : 20170510
<ACCEPTANCE-DATETIME>20170510091814
ACCESSION NUMBER:		0001623613-17-000014
CONFORMED SUBMISSION TYPE:	10-Q
PUBLIC DOCUMENT COUNT:		144
CONFORMED PERIOD OF REPORT:	20170331
FILED AS OF DATE:		20170510
DATE AS OF CHANGE:		20170510

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Mylan N.V.
		CENTRAL INDEX KEY:			0001623613
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				981189497
		STATE OF INCORPORATION:			P7
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-199861
		FILM NUMBER:		17828692

	BUSINESS ADDRESS:	
		STREET 1:		BUILDING 4, TRIDENT PLACE, MOSQUITO WAY
		CITY:			HATFIELD, HERTFORDSHIRE
		STATE:			X0
		ZIP:			AL10 9UL
		BUSINESS PHONE:		44 0 1707 853 000

	MAIL ADDRESS:	
		STREET 1:		BUILDING 4, TRIDENT PLACE, MOSQUITO WAY
		CITY:			HATFIELD, HERTFORDSHIRE
		STATE:			X0
		ZIP:			AL10 9UL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	New Moon B.V.
		DATE OF NAME CHANGE:	20141028
</SEC-HEADER>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit101_20170331.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s695A8FA4E557D325B697EDB59FA38031"></a></div><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 10.1</font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">MYLAN N.V.</font></div><div style="line-height:120%;padding-top:13px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">AMENDMENT TO</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">AMENDED AND RESTATED 2003 LONG-TERM INCENTIVE PLAN</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">This Amendment (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) to the Mylan N.V. Amended and Restated 2003 Long-Term Incentive Plan (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Plan</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) is adopted as of the 23rd day of February, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Amendment Effective Date</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) by Mylan N.V., a public limited liability company&#160;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-style:italic;">(naamloze vennootschap)</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;incorporated under the laws of the Netherlands (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;). The Company hereby amends the Plan as follows:</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;Section 6.03(e)(iii) is hereby deleted and replaced with the following:</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-style:italic;">Retirement.</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160; </font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">(A) &#160;&#160;&#160;&#160;With respect to Options and Stock Appreciation Rights granted prior to the Amendment Effective Date, unless otherwise provided in an Award Agreement, if a Participant&#8217;s employment by the Company or its Subsidiaries shall terminate because of Retirement, any Option and Stock Appreciation Right then held by the Participant, regardless of whether it was otherwise exercisable on the date of Retirement, may be exercised by the Participant at any time, or from time to time, during the balance of the exercise period as set forth in Section&#160;6.03(b)(iii).  If such a Participant dies after Retirement but before such Participant&#8217;s Options have either been exercised or otherwise expired, such Options may be exercised by the person to whom such Options pass by will or applicable law or, if no person has that right, by the Participant&#8217;s executors or administrators at any time, or from time to time, during the balance of the exercise period set forth in Section&#160;6.03(b)(iii).  </font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">(B)&#160;&#160;&#160;&#160;With respect to Options and Stock Appreciation Rights granted on or after the Amendment Effective Date, notwithstanding anything in this Article VI to the contrary, the Committee may, in its sole discretion, waive the forfeiture period and any other conditions set forth in any Award Agreement under appropriate circumstances (including the death, Permanent Disability or Retirement of the Participant or a material change in circumstances arising after the date of an Award) and subject to such terms and conditions (including forfeiture of a proportionate number of the Options and Stock Appreciation Rights) as the Committee shall deem appropriate provided that such waiver is done in a manner intended to comply with Section&#160;409A of the Code.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">2.&#160;&#160;&#160;&#160;The clause &#8220;the minimum amount of any withholding or other tax required by law to be withheld&#8221; in the first sentence of Section 11.05 shall be deleted and replaced with the clause &#8220;up to the maximum amount of any withholding or other tax permitted by law to be withheld&#8221; and the clause &#8220;the minimum amount of any taxes required to be withheld&#8221; in clause (ii) of the final sentence of Section 11.05 shall be deleted and replaced with the clause &#8220;an amount equal to the withholding taxes due&#8221;.</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:33px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">All other provisions of the Plan, as amended by the foregoing, shall remain in full force and effect notwithstanding the adoption of this Amendment.</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br></font></div></div>	</body>
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</TEXT>
</DOCUMENT>
EX-10.1
2
exhibit101_20170331.htm
EXHIBIT 10.1
Exhibit
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit101_20170331.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s695A8FA4E557D325B697EDB59FA38031"></a></div><div><div style="line-height:120%;text-align:right;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Exhibit 10.1</font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">MYLAN N.V.</font></div><div style="line-height:120%;padding-top:13px;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">AMENDMENT TO</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-weight:bold;">AMENDED AND RESTATED 2003 LONG-TERM INCENTIVE PLAN</font></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">This Amendment (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Amendment</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) to the Mylan N.V. Amended and Restated 2003 Long-Term Incentive Plan (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Plan</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) is adopted as of the 23rd day of February, 2017 (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Amendment Effective Date</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;) by Mylan N.V., a public limited liability company&#160;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-style:italic;">(naamloze vennootschap)</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;incorporated under the laws of the Netherlands (the &#8220;</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;text-decoration:underline;">Company</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#8221;). The Company hereby amends the Plan as follows:</font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;</font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:12pt;padding-left:48px;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">1.</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;Section 6.03(e)(iii) is hereby deleted and replaced with the following:</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;font-style:italic;">Retirement.</font><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160; </font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">(A) &#160;&#160;&#160;&#160;With respect to Options and Stock Appreciation Rights granted prior to the Amendment Effective Date, unless otherwise provided in an Award Agreement, if a Participant&#8217;s employment by the Company or its Subsidiaries shall terminate because of Retirement, any Option and Stock Appreciation Right then held by the Participant, regardless of whether it was otherwise exercisable on the date of Retirement, may be exercised by the Participant at any time, or from time to time, during the balance of the exercise period as set forth in Section&#160;6.03(b)(iii).  If such a Participant dies after Retirement but before such Participant&#8217;s Options have either been exercised or otherwise expired, such Options may be exercised by the person to whom such Options pass by will or applicable law or, if no person has that right, by the Participant&#8217;s executors or administrators at any time, or from time to time, during the balance of the exercise period set forth in Section&#160;6.03(b)(iii).  </font></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:96px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">(B)&#160;&#160;&#160;&#160;With respect to Options and Stock Appreciation Rights granted on or after the Amendment Effective Date, notwithstanding anything in this Article VI to the contrary, the Committee may, in its sole discretion, waive the forfeiture period and any other conditions set forth in any Award Agreement under appropriate circumstances (including the death, Permanent Disability or Retirement of the Participant or a material change in circumstances arising after the date of an Award) and subject to such terms and conditions (including forfeiture of a proportionate number of the Options and Stock Appreciation Rights) as the Committee shall deem appropriate provided that such waiver is done in a manner intended to comply with Section&#160;409A of the Code.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">2.&#160;&#160;&#160;&#160;The clause &#8220;the minimum amount of any withholding or other tax required by law to be withheld&#8221; in the first sentence of Section 11.05 shall be deleted and replaced with the clause &#8220;up to the maximum amount of any withholding or other tax permitted by law to be withheld&#8221; and the clause &#8220;the minimum amount of any taxes required to be withheld&#8221; in clause (ii) of the final sentence of Section 11.05 shall be deleted and replaced with the clause &#8220;an amount equal to the withholding taxes due&#8221;.</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br></font></div></div><hr style="page-break-after:always"><div></div><div><br></div><div style="line-height:120%;padding-top:13px;text-align:left;text-indent:33px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;background-color:#ffffff;">All other provisions of the Plan, as amended by the foregoing, shall remain in full force and effect notwithstanding the adoption of this Amendment.</font></div><div><br></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7pt;"><font style="font-family:inherit;font-size:7pt;"><br></font></div></div>	</body>
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