Common use of Adjustment in Numbers of Additional Units Clause in Contracts

Adjustment in Numbers of Additional Units. Notwithstanding Section 5(c)(i), if (at any time, whether before or after the Additional Units are granted) there occurs an event resulting in an adjustment pursuant to Section 9.08 of the LTIP, a corresponding adjustment shall be made to the number of Additional Units set forth in Section 5(c)(i). In addition, if such an event shall occur prior to January 2, 2004, similar corresponding adjustments shall be taken into account in calculating the Differential.

Appears in 11 contracts

Samples: Employment Agreement (Potomac Edison Co), Employment Agreement (West Penn Power Co), Employment Agreement (Allegheny Energy Supply Co LLC)

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