Common use of Markets Clause in Contracts

Markets. If the Company commences operations in any new markets, or ceases to operate in any existing market, the Administrator shall, in its discretion, equitably adjust the EBITDA Achievement Levels and/or the Net Adds Achievement Levels to reflect the Company's changed scope of operations.

Appears in 8 contracts

Sources: Stock Option Agreement (Leap Wireless International Inc), Restricted Stock Award Agreement (Leap Wireless International Inc), Stock Option Agreement (Leap Wireless International Inc)