Corn Stock Plans Clause Samples

Corn Stock Plans. Effective as of the Coverage Date, Corn shall establish the Corn Products International, Inc. 1998 Stock Incentive Plan (the "Corn Stock Plan") pursuant to which options to purchase Corn Stock may be granted (such options, together with any other options to purchase Corn Stock, shall hereinafter be referred to individually as a "Corn Stock Option"), grants of shares of restricted Corn Stock may be made (such grants, together with any other grants of shares of restricted Corn Stock, shall hereinafter be referred to as "Corn Restricted Stock"), and other equity-based rights may be granted to, among others, Corn Employees who held rights on the Distribution Date under the CPC International Inc. 1984 and 1993 Stock and Performance Plans (the "CPC Stock Plans").