Treatment of Outstanding Restricted Stock Units. (a) Cash-settled Ralcorp RSUs which are held by any Person other than a Post Employee, a former Post Employee, or a director who will serve as a director of Post immediately following the Effective Time shall be adjusted in a manner to reflect the intrinsic value of such award as of the Effective Time, as determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto. The other terms and conditions to which each Ralcorp RSU is subject shall be substantially similar both immediately prior to and following the Effective Time.
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Treatment of Outstanding Restricted Stock Units. (a) Cash-settled Ralcorp RSUs which are held by any Person other than a Post Employee, (including a former Post Employee, Employee or a director who will serve as a director of Post immediately following the Effective Time Time) other than a Post Employee shall be adjusted in a manner to reflect the intrinsic value of such award as of the Effective Time, as determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto. The other terms and conditions to which each Ralcorp RSU is subject shall be substantially similar both immediately prior to and following the Effective Time.
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Treatment of Outstanding Restricted Stock Units. (a) Cash-settled Ralcorp RSUs which are held by any Person (including a former Post Employee) other than a Post Employee, a former Post Employee, Employee or a director who will serve as a director of Post immediately following the Effective Time shall be adjusted in a manner to reflect the intrinsic value of such award as of the Effective Time, as determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto. The other terms and conditions to which each Ralcorp RSU is subject shall be substantially similar both immediately prior to and following the Effective Time.
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Treatment of Outstanding Restricted Stock Units. (a) Cash-settled Ralcorp RSUs which are held by any Person other than a Post Employee, (including a former Post Employee, or Employee and a director who will serve as a director of Post immediately following the Effective Time Time) other than a Post Employee shall be adjusted in a manner to reflect the intrinsic value of such award as of the Effective Time, as determined by the Board of Directors of Ralcorp in accordance with the procedures set forth on Schedule 13 hereto. The other terms and conditions to which each Ralcorp RSU is subject shall be substantially similar both immediately prior to and following the Effective Time.
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