Substitute Options. The Committee shall have the right, subject to the consent of Participants to whom Options have been granted, to grant in substitution for outstanding Options, replacement Options which may contain terms more favorable to the Participant than the Options they replace, including, without limitation, a lower exercise price (subject to Section 6.2), and to cancel replaced Options.
Appears in 4 contracts
Samples: Employment Agreement (Ws Financing Corp), Employment Agreement (Ws Financing Corp), Employment Agreement (Worldspan BBN Holdings LLC)
