Example ContractsClausesavailability of shares not delivered under awards and adjustments to limitsVariants
Remove:

Application of Limitation to Grants of Awards. Subject to [Section 4(c)], no Award may be granted if the number of shares of Stock to be delivered in connection with such Award exceeds the number of shares of Stock remaining available under this Plan and not subject to other Awards. The Committee may adopt reasonable counting procedures to ensure appropriate counting, avoid double counting (as, for example, in the case of tandem or substitute awards) and make adjustments if the number of shares of Stock actually delivered differs from the number of shares previously counted in connection with an Award.

Source document

Application of Limitation to Grants of Awards. Subject to [Section 4(c)], noNo Award may be granted if the number of shares of StockShares to be delivered in connection with such an Award exceeds the number of shares of StockShares remaining available for delivery under this Plan and not subjectthe Plan, minus the number of Shares deliverable in settlement of or relating to otherthen outstanding Awards. The Committee may adopt reasonable counting procedures to ensure appropriate counting, avoid double counting (as, for example, in the case of tandem or substitute awards) and make adjustments if the number of shares of StockShares actually delivered differs from the number of sharesShares previously counted in connection with an Award.

Source document
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.