Adjustments to Awards. At any time prior to the end of a Performance Period, the Committee may adjust downward (but not upward) the Performance Target and/or the Minimum Target as a result of major events unforeseen at the time of the Performance Share award, such as changes in the economy, the industry, laws affecting the operations of the Company or a Subsidiary or any other event the Committee determines would have a significant impact upon the probability of attaining the previously established Performance Target.
Appears in 3 contracts
Samples: Omnibus Stock Incentive Plan (Blimpie International Inc), Omnibus Stock Incentive Plan (Blimpie International Inc), Omnibus Stock Incentive Plan (Russian Wireless Telephone Co Inc)
Adjustments to Awards. At any time prior to the end of a Performance --------------------- Period, the Committee may adjust downward (but not upward) the Performance Target and/or the Minimum Target as a result of major events unforeseen at the time of the Performance Share award, such as changes in the economy, the industry, laws affecting the operations of the Company or a Subsidiary or any other event the Committee determines would have a significant impact upon the probability of attaining the previously established Performance Target.
Appears in 1 contract
Samples: 2000 Omnibus Stock Incentive Plan (Blimpie International Inc)
