Increases Prohibited. None of the Committee or the Board may increase the amount of compensation payable under an Annual Incentive Award. If the time at which an Annual Incentive Award will be paid is accelerated for any reason, the amount payable under the Annual Incentive 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 5 contracts
Samples: Long Term Incentive Plan (Rex Energy Corp), Long Term Incentive Plan (Rex Energy Corp), 2007 Long Term Incentive Plan (Rex Energy Corp)
