Common use of Award Adjustment Clause in Contracts

Award Adjustment. The Compensation and Management Development Committee reserves the right to reduce performance shares (in whole or in part) should the Company’s TSR be negative for the performance period.

Appears in 8 contracts

Samples: Incentive Compensation Plan (Old National Bancorp /In/), Performance Units Award Agreement (Old National Bancorp /In/), Performance Units Award Agreement (Old National Bancorp /In/)

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Award Adjustment. The Compensation and Management Development Committee reserves the right to reduce performance shares (in whole or in part) should the Company’s TSR be negative for the performance period.

Appears in 2 contracts

Samples: Incentive Compensation Plan (Old National Bancorp /In/), Incentive Compensation Plan (Old National Bancorp /In/)

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