Limits on Awards. During any calendar year, no Participant may receive Options and SARs that relate to more than 1,000,000 Shares. The Committee will adjust this limitation pursuant to Section 13 below.
Appears in 9 contracts
Samples: Employment Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group Inc), Stock Option Award Agreement (Commerce Energy Group, Inc.)
Limits on Awards. During any calendar year, no Participant may receive Options and SARs that relate to more than 1,000,000 125,000 Shares. The Committee will adjust this limitation pursuant to Section 13 11 below.
Appears in 5 contracts
Samples: Restricted Share Award Agreement (Commerce Energy Group, Inc.), Stock Option Award Agreement (Commerce Energy Group, Inc.), Stock Option Award Agreement (Commerce Energy Group, Inc.)
