Committee Negative Discretion. The Management Development and Compensation Committee of the Board of Directors may in its sole discretion decide to reduce or eliminate any amount otherwise payable with respect to an award under Sections 7(b) or 7(c).
Appears in 4 contracts
Samples: Performance Share Unit Award Agreement (Martin Marietta Materials Inc), Restricted Stock Unit Agreement (Martin Marietta Materials Inc), Restricted Stock Unit Agreement (Martin Marietta Materials Inc)
Committee Negative Discretion. The Management Development and Compensation Committee of the Board of Directors may in its sole discretion decide to reduce or eliminate any amount otherwise payable with respect to an award under Sections 7(b) or 7(c).
Appears in 2 contracts
Samples: Performance Share Unit Award Agreement (Martin Marietta Materials Inc), Performance Share Unit Award Agreement (Martin Marietta Materials Inc)
Committee Negative Discretion. The Management Development and Compensation Committee of the Board of Directors may in its sole discretion decide to reduce or eliminate any amount otherwise payable with respect to an award under Sections 7(b) or 7(c).
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Martin Marietta Materials Inc)
