Common use of Reorganization Event Clause in Contracts

Reorganization Event. The option awarded hereunder may be subject, in the Committee's discretion, to termination on account of a Reorganization Event affecting the Company, as described in Section 17 of the Plan.

Reorganization Event. The option awarded hereunder may be subject, in the Committee's discretion, to termination upon advance notice on account of a Reorganization Event affecting the Company, as described in Section 17 of the Plan.