Award Provisions. The Option Award may only be exercised in accordance with the terms of the Plan and the administrative procedures established by the Company and/or the Committee from time to time and may be exercised at such times permitted by the Company in its sole discretion. The Option Award is subject to adjustment in the event of certain changes in the capitalization of the Company, to the extent set forth in the Plan.
Appears in 4 contracts
Samples: Award Agreement (Travel & Leisure Co.), Award Agreement (Wyndham Destinations, Inc.), Award Agreement (Wyndham Destinations, Inc.)
