Common use of Replacement Awards Clause in Contracts

Replacement Awards. Each Replacement Award shall have substantially the same terms and conditions (as determined by the Committee) as the award it replaces; provided, however, that the number of Shares subject to Replacement Awards, the Exercise Price, xxxxx xxxxx or other price of Shares subject to Replacement Awards, any performance conditions relating to Shares underlying Replacement Awards, or the market price of Shares underlying Replacement Awards or per-Share results may differ from the awards they replace to the extent such differences are determined to be appropriate and equitable by the Committee, in its sole discretion.

Appears in 4 contracts

Samples: Omnibus Incentive Plan (Remy International, Inc.), 2011 Omnibus Incentive Plan (First Federal Bancshares of Arkansas Inc), 2008 Omnibus Incentive Plan (Lender Processing Services, Inc.)

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