The distribution with respect to an exercised Stand-alone Right may be made in # shares of Common Stock valued at Fair Market Value on the exercise date, # cash or # a combination of cash and shares of Common Stock, as specified in the applicable Award agreement.
Upon exercise of the Stand-alone Right, the holder shall be entitled to receive a distribution from the Corporation in an amount equal to the excess of # the aggregate Fair Market Value (on the exercise date) of the shares of Common Stock underlying the exercised right over # the aggregate base price in effect for those shares.
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