Common use of Adjustments for Unusual or Nonrecurring Events Clause in Contracts

Adjustments for Unusual or Nonrecurring Events. The Committee shall be authorized to remove a Peer or make adjustments to any of the performance metrics set forth in Appendix A as they apply to such Peer or Company in recognition of unusual or nonrecurring events affecting such Peers or Company, or the financial statements of such Peers or Company, or of changes in applicable laws, regulations, or accounting principles, whenever the Committee determines that such removal or adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits to be made available under this Award Agreement.

Appears in 3 contracts

Samples: Performance Share Unit Award Agreement (Baker Hughes Co), Performance Share Unit Award Agreement (Baker Hughes Co), Performance Share Unit Award Agreement (Baker Hughes Co)

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Adjustments for Unusual or Nonrecurring Events. The Committee shall be authorized to remove a Peer or make adjustments to any of the performance metrics set forth in Appendix A as they apply to such Peer or Company in recognition of unusual or nonrecurring events affecting such Peers or CompanyPeers, or the financial statements of such Peers or CompanyPeers, or of changes in applicable laws, regulations, or accounting principles, whenever the Committee determines that such removal or adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits to be made available under this Award Agreement.

Appears in 3 contracts

Samples: Outperformance Share Unit Award Agreement (BAKER HUGHES a GE Co LLC), Performance Share Unit Award Agreement (Baker Hughes a GE Co), Performance Share Unit Award Agreement (Baker Hughes a GE Co)

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Adjustments for Unusual or Nonrecurring Events. The Committee shall be authorized to remove a Peer or make adjustments to any of the performance metrics set forth in Appendix A as they apply to such Peer or Company in recognition of unusual or nonrecurring events affecting such Peers or Company, or the financial statements of such Peers or Company, or of changes in applicable laws, regulations, or accounting principles, whenever the Committee determines that such removal or adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits to be made available under this Award Agreement.nonrecurring

Appears in 1 contract

Samples: Performance Share Unit Award Agreement (Baker Hughes Co)

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