Example ContractsClausesadjustmentVariants
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Adjustment of Performance-Based Compensation. Subject to [Section 12.4], Awards that are intended to qualify as Performance-Based Compensation may not be adjusted upward. The Committee shall retain the discretion to adjust such Awards downward, either on a formula or discretionary basis or any combination, as the Committee determines.

Adjustment of Performance-Based Compensation. Subject to [Section 12.4], Awards that are intended to qualifydesignated as Performance-Based Compensation may not be adjusted upward. The Committee shall retain the discretion to adjust such Awardsupward or downward, either on a formula or discretionary basis or any combination, as the Compensation Committee determines.

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