Common use of Target Production Clause in Contracts

Target Production. 28.9 million in respect of 2007 and 29.1 million in respect of 2008; provided that the Board may make such equitable adjustments to Target Production as it reasonably deems to be appropriate in order to achieve the intention of this Agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.), Restricted Stock Unit Agreement (Foundation Coal CORP)

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Target Production. 29.8 million tons in respect of 2006, 28.9 million tons in respect of 2007 and 29.1 million in respect of 2008; provided that the Board of Directors may make such equitable adjustments to Target Production as it reasonably deems to be appropriate in order to achieve the intention of this Agreement agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.

Appears in 1 contract

Samples: 2004 Stock Incentive Plan (Foundation Coal Holdings, Inc.)

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Target Production. 29.8 million tons in respect of 2006, 28.9 million tons in respect of 2007 and 29.1 million in respect of 2008; provided that the Board may make such equitable adjustments to Target Production as it reasonably deems to be appropriate in order to achieve the intention of this Agreement agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Foundation Coal Holdings, Inc.)

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