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to January 2010, according to an agreement concluded between the top management of the National Railway Company (SNTF) and the National Railwaymen Union (FNC), said Tuesday in Algiers Noureddine Dekhli, the company's Human Resources Supervisor.
At most that you wrote the check back then, (which means nothing...you wrote it and put it in the desk drawer..don't get any credit for that). I mean, why would you bother...doesn't mean or indicate you PAID back then.
She's saying that shareholders will naively think that the options were really granted on January 2, leaving them suspicious of springloading.
It goes without saying that they also won't realize that, in reality, it's all being done a month later.
In the US, however, there seems to be have been much more consideration of the issue (at least according to my Google search results).
Despite recent controversies surrounding the backdating of executive stock options, the general attitude in the US is that backdating is not wrong (or right), per se.
Lawyers who were trained in commonwealth jurisdictions may have an ingrained concept that backdating a document is generally improper, if not illegal.
e suspicious, like why would you go into a patients record after you finalized it?the new electronic systems are not like the olden days where everything was hand written.Now, the computer stamps the record to show when it was entered and changed.In this article, the author writes: “Backdating by itself is not generally, at least with respect to private agreements, illegal.Rather, it is the use of the backdated documents by the parties or their counsel that may violate the law.” The US approach seems to be founded on the principle that parties to an agreement (or deed) are free to agree that the document is to take effect prior to the date of execution – this is often denoted by dating the document “as of” the earlier date. Bradley Real Estate Trust, the US Court of Appeals (7th Cir.