Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under a Performance Stock or Performance Unit Award. If the time at which a Performance Stock or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Stock or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 6 contracts
Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Rex Energy Corp), 2006 Omnibus Incentive Plan (Quanex Corp)
Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under a Performance Stock or Performance Unit Award. If the time at which a Performance Stock Award or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Stock or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 3 contracts
Samples: 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc), 2009 Omnibus Incentive Plan (Rosetta Stone Inc)
Increases Prohibited. None of the Committee Compensation & Management Development Committee, the Board or the Board Company may increase the amount of compensation payable under a Performance Stock Award or Performance Unit Award. If the time at which a Performance Stock Award or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock Shares subject to, or the amount payable under, the Performance Stock Award or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section § 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 3 contracts
Samples: 2011 Omnibus Stock Plan (Newfield Exploration Co /De/), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/), 2011 Omnibus Stock Plan (Newfield Exploration Co /De/)
Increases Prohibited. None of Neither the Committee or nor the Board may increase the amount of compensation payable under a Performance Stock or Performance Unit Award. If the time at which a Performance Stock Award or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Stock or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section § 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 2 contracts
Samples: 2010 Omnibus Incentive Plan (Viasat Inc), 2010 Omnibus Incentive Plan (RigNet, Inc.)
Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under a Performance Stock or Performance Unit Award. If the time at which a Performance Stock or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Stock or Performance Unit Award shall be reduced (if necessary) pursuant to Department of Treasury Regulation section 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 2 contracts
Samples: Long Term Incentive Plan (Dex Media, Inc.), Long Term Incentive Plan (Supermedia Inc.)
Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under a Performance Cash, Performance Stock or Performance Unit Award. If the time at which a Performance Cash, Performance Stock or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Cash, Performance Stock or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 1 contract
Increases Prohibited. None of Neither the Committee or nor the Board may increase the amount of compensation payable under a Performance Stock Award or Performance Unit Award. If the time at which a Performance Stock Award or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock subject to, or the amount payable under, the Performance Stock Award or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section § 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 1 contract
Samples: 2012 Omnibus Incentive Plan (Independence Contract Drilling, Inc.)
Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under a Performance Stock Shares or Performance Unit Award. If the time at which a Performance Stock Shares or Performance Unit Award will vest or be paid is accelerated for any reason, the number of shares of Stock Shares subject to, or the amount payable under, the Performance Stock Shares or Performance Unit Award shall be reduced pursuant to Department of Treasury Regulation section 1.162-27(e)(2)(iii) to reasonably reflect the time value of money.
Appears in 1 contract
Samples: 2006 Omnibus Incentive Plan (Weatherford International LTD)
