Adjustment of Units. In the event of any distribution (whether in the form of cash, Units, other securities, or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of Partnership, issuance of warrants or other rights to purchase Units or other securities of Partnership, or other similar transaction or event affects the Units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Committee shall, in such manner as it may deem equitable, make adjustments to the terms and provisions of this Option pursuant to Section 4(c) of the Plan.
Appears in 3 contracts
Samples: Units Option Agreement (Cheniere Energy Partners, L.P.), Director Units Option Agreement (Cheniere Energy Partners, L.P.), Units Option Agreement (Cheniere Energy Partners, L.P.)
Adjustment of Units. In the event of any distribution (whether in the form of cash, Common Units, other securities, or other property), recapitalization, split, reverse split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of Partnership, issuance of warrants or other rights to purchase Units or other securities of Partnership, or other similar transaction or event affects the Units such that an adjustment is determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the Committee shall, in such manner as it may deem equitable, make adjustments to the terms and provisions of this Option Restricted Units Agreement pursuant to Section 4(c) of the Plan.
Appears in 2 contracts
Samples: Restricted Units Agreement (Cheniere Energy Partners, L.P.), Restricted Units Agreement (Cheniere Energy Partners, L.P.)