Adjustment of Performance-Based Compensation. Awards that are intended to qualify as Performance-Based Compensation may not be adjusted upward. The Administrator shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Administrator determines.
Appears in 8 contracts
Samples: 2017 Equity Incentive Plan (Cardiovascular Systems Inc), 2016 Equity Incentive Plan (Nuvel Holdings, Inc.), Equity Incentive Plan (Nuvel Holdings, Inc.)
Adjustment of Performance-Based Compensation. Awards that are intended to qualify as Performance-Based Compensation may not be adjusted upwardupward so as to enrich the Award. The Administrator Committee shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Administrator Committee determines.
Appears in 3 contracts
Samples: 2011 Omnibus Equity Plan (KEMPER Corp), 2011 Omnibus Equity Plan (KEMPER Corp), 2005 Restricted Stock and Restricted Stock Unit Plan (Unitrin Inc)
Adjustment of Performance-Based Compensation. Awards that are intended to qualify as Performance-Based Compensation may not be adjusted upward. The Administrator Board shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Administrator Board determines.
Appears in 1 contract
Adjustment of Performance-Based Compensation. Awards that are intended to qualify as Performance-Based Compensation may not be adjusted upward. The Administrator Board shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis basis, or any combination, combination as the Administrator Committee determines.
Appears in 1 contract
Adjustment of Performance-Based Compensation. Awards that are intended designed to qualify as Performance-Based Compensation may not be adjusted upward. The Administrator Committee shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Administrator Committee determines.
Appears in 1 contract
Samples: Employment Agreement
