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Elimination of Certain Commercial Restrictions
Elimination of Certain Commercial Restrictions contract clause examples

Restrictions. The Committee shall have the power to impose such other restrictions on Awards subject to this Article as it may deem necessary or appropriate to ensure that such Awards satisfy all requirements for “performance-based compensation” within the meaning of Section 162(m) of the Code.

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The Committee shall have the power to impose such other restrictions on Awards subject to this Section 16 as it may deem necessary or appropriate to ensure that such Awards satisfy all requirements for “performance-based compensation” within the meaning of [Section 162(m)(4)(C)] of the Code, or any successor provision thereto.

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