Common use of Dividends, Splits and Voting Rights Clause in Contracts

Dividends, Splits and Voting Rights. If the Company (i) declares a stock dividend or makes a distribution on Common Stock in Shares, (ii) subdivides or reclassifies outstanding Shares into a greater number of Shares or (iii) combines or reclassifies outstanding Shares into a smaller number of Shares, then the number of Units granted under this Agreement shall be proportionately increased or reduced, as applicable, so as to prevent the enlargement or dilution of Grantee’s rights and duties hereunder. The determination of the Compensation and Benefits Committee (the “Committee”) of the Company’s Board of Directors regarding such adjustments shall be binding. Until such time as Shares are actually delivered to Grantee in exchange for vested Units pursuant to Section 3(b) (above), Grantee shall have no voting, dividend or other ownership rights in such Shares.