Common use of Adjustments and Limitations Clause in Contracts

Adjustments and Limitations. Notwithstanding the foregoing, the number of Performance Awards payable to the Participant (and the Performance Awards credited as dividend equivalents thereon) shall be subject to the adjustments, limitations (including the share limitation under Section 4A.4(c) of the Plan), the Compensation Committee’s discretionary authority to make downward adjustments and other terms and conditions set forth in the Plan.

Appears in 6 contracts

Samples: 2016 Stock Incentive Plan (Golden State Water CO), 2008 Stock Incentive Plan (Golden State Water CO), Performance Award Agreement (Golden State Water CO)

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Adjustments and Limitations. Notwithstanding the foregoing, the number of Performance Awards payable to the Participant (and the Performance Awards credited as dividend equivalents thereon) shall be subject to the adjustments, limitations (including the share limitation under Section 4A.4(c) of the Plan)limitations, the Compensation Committee’s discretionary authority to make downward adjustments and other terms and conditions set forth in the Plan, provided that in no event may the maximum number of shares of Common Stock subject to this Award exceed 100,000.

Appears in 6 contracts

Samples: 2016 Stock Incentive Plan (Golden State Water CO), 2016 Stock Incentive Plan (Golden State Water CO), Performance Award Agreement (Golden State Water CO)

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