Form and Timing of Payment under Awards. Subject to the terms of the Plan (including [Section 11(k)] and [Section 11(l)]) and any applicable Award document, payments to be made by the Company or a subsidiary or affiliate of the Company upon the exercise of an Option or other Award or settlement of an Award may be made in such forms as the Committee shall determine, including, without limitation, cash, Stock, other Awards or other property, and may be made in a single payment or transfer, in installments, or on a deferred basis. The settlement of any Award may be accelerated, and cash paid in lieu of Stock in connection with such settlement, in the Committee’s discretion or upon occurrence of one or more specified events, subject to [Section 6(b)(iv)], [Section 11(k)] and [Section 11(l)].
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