Variation of unit-based employee benefit scheme terms permitted with unitholder approval and safeguards to protect employee interests. The manager may vary terms of unit-based employee benefit schemes not yet exercised if not prejudicial to employees, obtaining unitholder approval as per the referenced approval provision; variations to meet legal or regulatory obligations may be made without approval. Notices and proposed resolutions must disclose complete details, rationale, beneficiary details and information specified in Part C of Schedule X or as directed by the Board. The manager may reprice unexercised options where unit price falls, ensuring repricing is not detrimental to employees and that unitholder approval is obtained as required.