Common use of Mitigation of Excise Tax Clause in Contracts

Mitigation of Excise Tax. The Participant acknowledges that the Performance Shares issued hereunder is subject to reduction by the Committee for the reasons specified in Section 14.9 of the Plan.

Appears in 3 contracts

Samples: Horizon Bancorp (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/)

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Mitigation of Excise Tax. The Participant acknowledges that the Performance Shares issued hereunder is subject to reduction by the Committee for the reasons specified in Section 14.9 13.9 of the Plan.

Appears in 3 contracts

Samples: Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/)

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