Common use of Adjustments Upon Specified Events Clause in Contracts

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall will make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any such adjustment shall be is made under Section 7.1 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 6 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CorporationCompany’s stock contemplated by Section 7.1 4.3 of the Plan, the Administrator Committee shall make adjustments in accordance with such section in the number and kind of securities that may become vested under the Award. If any adjustment shall be is made under Section 7.1 4.3 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock Shares are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock Shares shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the AdministratorCommittee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the AdministratorCommittee, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 7.3 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 7.3 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 6.2 of the Plan, the Administrator Committee shall make adjustments in accordance with such section as it deems appropriate in the number and kind of securities or other consideration that may become vested under the an Award. If any adjustment shall be made under Section 7.1 6.2 of the Plan or an event described a Change in Section 7.2 of the Plan Control Event shall occur and the shares of Restricted Stock are not fully vested upon such event Event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (other than regular cash dividends), with earnings attributable thereto as if such cash shall be amount had been invested, pursuant to policies established by the AdministratorCommittee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to Committee) at such times and become a part of in such proportions as the Restricted PropertyStock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s 's stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the AwardAward and in the Participant's Ownership Threshold. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 7.3 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “"Restricted Property” " and, for the purposes of this Award Agreement, “"Restricted Stock” " shall include “"Restricted Property”", unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall will make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any such adjustment shall be is made under Section 7.1 of the Plan or an event described in Section 7.2 7.3 of the Plan shall occur occur, and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the an Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 7.3 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to a stock split, reverse stock split, stock dividend or any other change in capitalization, reorganization, merger or similar event affecting the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior theretoCommon Stock, the restrictions and limitations applicable to such shares of the Restricted Stock shall Shares under this Agreement will continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends)dividends provided for in Section 4 hereof) that is retained by the Corporation prior to the vesting of the related Restricted Shares, such cash shall be invested, pursuant to policies established by the AdministratorCorporation, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the AdministratorCorporation until the vesting or forfeiture thereof, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating If any change is made to the Corporation’s Common Stock by reason of any stock contemplated by Section 7.1 split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the Planoutstanding Common Stock as a class, the Administrator appropriate adjustment shall make adjustments in accordance with such section in be made to the number and kind and/or class of securities that may become vested in effect under this Agreement. Such adjustments to the Awardoutstanding Restricted Stock are to be effected in a manner which shall preclude the enlargement or dilution of rights and benefits under this Agreement. The adjustments determined by the Corporation shall be final, binding and conclusive. If any adjustment shall be made under Section 7.1 of pursuant to the Plan foregoing or an event described in Section 7.2 of the Plan shall occur any dividend other than a regular cash dividend is declared and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 11(a) of the Plan, the Administrator Committee shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the an Award. If any adjustment shall be made under Section 7.1 11(a) of the Plan or an event described in Section 7.2 11(c) of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 4 hereof), such cash shall be invested, pursuant to policies established by the AdministratorCommittee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the AdministratorCommittee, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock Xxxxxxxx Xxxxx contemplated by Section 7.1 7 of the 2003 Plan, the Administrator Committee shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the an Award. If any adjustment shall be made under Section 7.1 7 of the 2003 Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (other than regular cash dividends), with earnings attributable thereto as if such cash shall be amount had been invested, pursuant to policies established by the AdministratorCommittee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to Committee) at such times and become a part of in such proportions as the Restricted PropertyStock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s 's stock contemplated by Section 7.1 of the Plan, the Administrator shall will make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any such adjustment shall be is made under Section 7.1 of the Plan Plan, or an event described in Section 7.2 7.3 of the Plan shall occur occur, and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” "RESTRICTED PROPERTY" and, for the purposes of this Award Agreement, “"Restricted Stock” " shall include “"Restricted Property”, ," unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividendsdividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with such section in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.. ​ ​

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s 's stock contemplated by Section 7.1 6.2 of the Plan, the Administrator Committee shall make adjustments in accordance with such section as it deems appropriate in the number and kind of securities or other consideration that may become vested under the an Award. If any adjustment shall be made under Section 7.1 6.2 of the Plan or an event described a Change in Section 7.2 of the Plan Control Event shall occur and the shares of Restricted Stock are not fully vested upon such event Event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “"Restricted Property” " and, for the purposes of this Award Agreement, “"Restricted Stock” " shall include “"Restricted Property”, ," unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (other than regular cash dividends), with earnings attributable thereto as if such cash shall be amount had been invested, pursuant to policies established by the AdministratorCommittee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to Committee) at such times and become a part of in such proportions as the Restricted PropertyStock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating If any change is made to the Corporation’s Common Stock by reason of any stock contemplated by Section 7.1 split, stock dividend, recapitalization, combination of shares, exchange of shares, Corporate Transaction or other change affecting the Planoutstanding Common Stock as a class, the Administrator appropriate adjustment shall make adjustments in accordance with such section in be made to the number and kind and/or class of securities that may become vested in effect under this Agreement. Such adjustments to the Awardoutstanding Restricted Stock are to be effected in a manner which shall preclude the enlargement or dilution of rights and benefits under this Agreement. The adjustments determined by the Corporation shall be final, binding and conclusive. If any adjustment shall be made under Section 7.1 of pursuant to the Plan foregoing or an event described in Section 7.2 of the Plan shall occur any dividend other than a regular cash dividend is declared and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, ,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 13(a) of the Plan, the Administrator shall make adjustments in accordance with such section if appropriate in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 13(a) of the Plan or an event described in Section 7.2 13(f)(i) of the Plan shall occur and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the earnings on which shall be added to and become a part of the Restricted Property.