Common use of Employee Grants Clause in Contracts

Employee Grants. The Post Committee or the Board of Directors of Post shall have full discretion to grant options to purchase Post common stock, award restricted stock or restricted stock units of Post or grant other forms of compensation that are derived from the value of the equity of Post, provided that the exercise of such discretion does not cause a materially adverse tax or accounting effect on Ralcorp or any member of the Ralcorp Group. The Ralcorp Committee shall have full discretion to grant options to purchase Ralcorp common stock, award restricted stock or restricted stock units of Ralcorp or grant other forms of compensation that are derived from the value of the equity of Ralcorp, provided that the exercise of such discretion does not cause a materially adverse tax or accounting effect on Post or any member of the Post Group.

Appears in 4 contracts

Samples: Employee Matters Agreement (Post Holdings, Inc.), Employee Matters Agreement (Post Holdings, Inc.), Employee Matters Agreement (Post Holdings, Inc.)

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