Repricing. The Committee shall not, without the further approval of the Board of Directors, (i) authorize the amendment of this Option to reduce the Exercise Price of this Option or (ii) grant a replacement Option upon the surrender and cancellation of this Option for the purpose of reducing the Exercise Price of this Option. Nothing contained in this section shall affect the right of the Committee to make any adjustment permitted under Paragraph 11.
Repricing. The Plan prohibits any repricing, replacement, re-grant or modification of Options or SARs that would reduce the exercise price of the Options or SARs without shareholder approval, other than in connection with a change in our capitalization or certain corporate transactions, as described above under the heading “Adjustment of Plan Shares.” Term of the Plan The Plan will continue until May 23, 2022. Termination and Amendment of the Plan Unless earlier terminated by the Board or Compensation Committee, the Plan will terminate on May 23, 2022, which is five years after the date of the Plan’s approval by our shareholders. Termination of the Plan will not affect any Awards granted under the Plan prior to such termination. The Board or Compensation Committee may, at any time and for any reason, suspend or terminate the Plan or, from time to time, amend the Plan, provided that any amendment must be submitted to our shareholders for approval if required by federal or state law or regulation or by the Nasdaq Rules. In the event that the Plan is suspended or terminated, the Compensation Committee may contribute to exercise the powers given to it under the Plan with respect to awards granted prior to such suspension or termination. U.S. Federal Income Tax Consequences The following is a brief summary of the general U.S. federal income tax consequences relating to participation in the Plan. This summary is based on U.S. federal tax laws and Treasury Regulations in effect on the date of this Prospectus and does not purport to be a complete description of the U.S. federal income tax laws. In addition, this summary does not constitute tax advice or describe federal employment, state, local or foreign tax consequences. Each participant should consult with his or her tax advisor concerning the U.S. federal income tax and other tax consequences of participating in the Plan.
Repricing. There will be a $500.00 per day minimum fee/rerun charge when the nightly processing has to be repeated due to incorrect NAV or dividend information received from the Portfolio Pricing Agent due to incorrect or untimely information provided by an Advisor or its Agent.
Repricing. If the Purchase Price of a Purchased Security is to be changed pursuant to the terms hereof, then as of the date on which such Purchase Price is to be changed (each, a "Repricing Date"), (i) the Repurchase Date with respect to the applicable Purchased Security will be accelerated automatically to the Repricing Date, (ii) the Repurchase Price and any other amounts owed by Seller with respect to such Transaction (excluding accrued Price Differential not yet due) shall be due and payable, (iii) Buyer shall be obligated to purchase such Purchased Security as a new Transaction at the new Purchase Price, and (iv) the amounts owing pursuant to subparagraphs (ii) and (iii) of this Section 6 shall be offset and any net amount shall be due and payable by Buyer or Seller, as applicable.
Repricing. There will be a $500.00 per day minimum fee/rerun charge when the nightly processing has to be repeated due to incorrect NAV or dividend information received from the Portfolio Pricing Agent due to incorrect or untimely information provided by an Advisor or its Agent. Huntington Asset Services, Inc. Xxxx Investment Advisors, Inc..- 21 FUND ACCOUNTING FEE SCHEDULE Additional services not contemplated in this schedule will be negotiated on a case-by-case basis.
Repricing. Subject to Section 12.2, the Administrator shall not, without the approval of the stockholders of the Company, (a) authorize the amendment of any outstanding Option or Stock Appreciation Right to reduce its price per Share, or (b) cancel any Option or Stock Appreciation Right in exchange for cash or another Award when the Option or Stock Appreciation Right price per Share exceeds the Fair Market Value of the underlying Shares.
Repricing. There will be no repricing of the Debentures.
Repricing. Pricing amendments to these Options will only be permitted to the extent necessary to comply with the provisions of Paragraph 11.
Repricing. The BENEFICIARY hereby agrees that the present contract will be repriced at the end of the 47th month from the date hereof, being the spread increased from 3.8% to 5.8%, having the BENEFICIARY the option to anticipate the contract settlement at that time.
Repricing. If and to the extent provided for in a Transaction Document, each pricing element for Services specified in a Transaction Document shall be subject to repricing (“Repricing”) as provided below. Upon the occurrence of a Repricing event specified in the applicable Transaction Document, as and to the extent requested by Sears, in Sears’ sole discretion, Table of Contents CSC shall promptly, but in no event more than thirty (30) days after the occurrence of such Repricing event, provide to Sears a written document detailing proposed new Charges for each pricing element subject to Repricing, which proposed new Charges shall take into account (a) the facts and circumstance giving rise to the Repricing event, (b) Sears’ expected future consumption of the applicable Service, and (c) the terms and conditions applicable to such Service. The Parties shall, within thirty (30) days after Sears receives CSC’s proposed new Charges, negotiate in good faith the revised pricing to be applied to each pricing element subject to Repricing. CSC covenants that the Charges it proposes in connection with each Repricing shall be competitive with those available to Sears from other providers for similar Services, volumes and performance standards.
