Report of Foreign Issuer (6-k)
December 14 2016 - 5:03PM
Edgar (US Regulatory)
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month
of December, 2016
Commission
File Number: 1-33659
COSAN LIMITED
(Translation
of registrant’s name into English)
Av. Juscelino
Kubitschek, 1327 – 4
th
floor
São
Paulo, SP 04543-000 Brazil
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
COSAN
LIMITED
Item
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1.
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Notice regarding Long
Term Retention Plan for Certain Executives
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Cosan Limited Establishes
Long Term Retention Plan for Certain Executives
In November 2016, Cosan Limited
(the “Company”) established a Long Term Retention Plan, or the “Plan”, aimed at rewarding and retaining
certain high-level executives of strategic importance to the Company who may be granted certain share based awards as may be determined
by our board of directors. The creation of the Plan was motivated by the recognition of the importance that certain top-level
executives have to the Company, of the need to reward such executives appropriately and of providing them with incentives to continue
performing at a high level in order to avoid any such executives leaving the Company. Participation in the Plan is subject to
selection by our board of directors.
Initially, four key executives,
Messrs. Marcos Lutz, Marcelo Martins, Marcelo Portela and Burkhard Otto Cordes will each be eligible to receive share grants of
up to 1% each of our issued share capital over the course of the next 10 years. We expect that the first grant of shares under
the Plan will occur by the end of 2016.
The executives who participate
in the Plan have entered into a Terms of Governance between themselves and the Company which will regulate their rights, privileges,
protections and obligations as shareholders of the Company should our chairman, Rubens Ometto Silveira Mello, no longer be with
the Company.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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COSAN LIMITED
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Date:
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December 14, 2016
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By:
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/s/ Marcelo Eduardo
Martins
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Name:
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Marcelo Eduardo Martins
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Title:
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Chief Financial Officer
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