Examples of Maximum Amount Payable in a sentence
Any contact with bankers, securities analysts or other securities markets professionals, such as brokers, investment advisors and mutual fund managers, or to our security holders must be forwarded to Corporate Communications and communications with these people should be made only by specifically designated people with prior approval.
Following a Change of Control or a Potential Change of Control, the Company shall make a Contribution to the Trust (in a manner permitted and at the time required under the Trust) equal to the Maximum Amount Payable less the then fair market value of all assets of the Trust (the "Excess").
The Committee may also adjust the performance objectives for any Performance Period as it deems equitable in recognition of unusual or non-recurring events affecting the Company, changes in applicable tax laws or accounting principles, or such other factors as the Committee may determine (including, without limitation, any adjustments that would result in the Company paying non-deductible compensation to a Participant).(c) Maximum Amount Payable.
Maximum Amount Payable The maximum Award payable hereunder to any Participant with respect to any Performance Period shall in no event exceed $6 million in a performance period.
The aggregate of such amounts for the Plans plus such additional amount as the Company reasonably determines to be necessary to pay the anticipated expenses of the Trust including the Trustee's fees is hereinafter referred to as the "Maximum Amount Payable".