Adjustments to Performance Units Sample Clauses

The "Adjustments to Performance Units" clause defines how and when the terms or value of performance units granted under an agreement may be modified. Typically, this clause outlines circumstances such as corporate restructurings, stock splits, or other significant events that could affect the underlying value or number of performance units awarded to participants. By specifying the process for making equitable adjustments, the clause ensures that participants are neither unfairly advantaged nor disadvantaged by changes outside their control, thereby maintaining fairness and consistency in incentive compensation.