Common use of Adjustments Upon Specified Events Clause in Contracts

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 6.2 of the Plan, the Committee shall make adjustments as it deems appropriate in the number and kind of securities or other consideration that may become vested under an Award. If any adjustment shall be made under Section 6.2 of the Plan, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times and in such proportions as the Restricted Stock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 6.2 6.2(a) of the Plan, the Committee shall make adjustments as it deems appropriate in accordance with such section in the number and kind of securities or other consideration that may become vested under an the Award. If any adjustment shall be made under Section 6.2 6.2(a) of the Plan, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to To the extent that the Restricted Property includes any cashcash (other than regular cash dividends), the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times , the earnings on which shall be added to and in such proportions as become a part of the Restricted Stock would have vestedProperty.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s 's stock contemplated by Section 6.2 of the Plan, the Committee shall make adjustments as it deems appropriate in the number and kind of securities or other consideration that may become vested under an Award. If any adjustment shall be made under Section 6.2 of the PlanPlan or a Change in Control Event shall occur and the shares of Restricted Stock are not fully vested upon such Event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “"Restricted Property” " and, for the purposes of this Agreement, “"Restricted Stock” " shall include “"Restricted Property,” " unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times and in such proportions as the Restricted Stock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock Xxxxxxxx Xxxxx contemplated by Section 6.2 7 of the 2003 Plan, the Committee shall make adjustments as it deems if appropriate in the number and kind of securities or other consideration that may become vested under an Award. If any adjustment shall be made under Section 6.2 7 of the Plan2003 Plan and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times and in such proportions as the Restricted Stock would have vested.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 6.2 7.1 of the Plan, the Committee Administrator shall make adjustments as it deems if appropriate in the number and kind of securities or other consideration that may become vested under an a Restricted Stock Award. If any adjustment shall be made under Section 6.2 7.1 of the PlanPlan or a Change in Control Event shall occur and the shares of Restricted Stock are not fully vested upon such Change in Control Event or prior thereto, the restrictions applicable to such shares of Restricted Common Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Agreement, “Restricted Common Stock” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted Common Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Common Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Common Stock had remained outstanding. Notwithstanding the foregoing, to To the extent that the Restricted Property includes any cashcash (other than regular cash dividends provided for in Section 5 hereof), the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times Administrator, the earnings on which shall be added to and in such proportions as become a part of the Restricted Stock would have vestedProperty.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 6.2 7.1 of the Plan, the Committee shall Administrator will make adjustments as it deems if appropriate in the number and kind of securities or other consideration that may become vested under an the Award. If any adjustment shall be is made under to the Restricted Shares pursuant to Section 6.2 7.1 of the Plan, the restrictions applicable to such shares of the Restricted Stock shall Shares will continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context content otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock Shares had remained outstanding. Notwithstanding the foregoing, to To the extent that the Restricted Property includes any cashcash (other than regular cash dividends provided for in Section 3 hereof), the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times Administrator, the earnings on which shall be added to and in such proportions as become a part of the Restricted Stock would have vestedProperty.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s 's stock contemplated by Section 6.2 6.2(a) of the Plan, the Committee shall will make adjustments as it deems if appropriate in the number and kind of securities or other consideration that may become vested under an Award. If any adjustment shall be is made under Section 6.2 6.2(a) of the Plan, the restrictions applicable to such the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” "RESTRICTED PROPERTY" and, for the purposes of this Award Agreement, “"Restricted Stock” " shall include “"Restricted Property,” " unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to To the extent that the Restricted Property includes any cashcash (other than regular cash dividends provided for in Section 5 hereof), the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times , the earnings on which shall be added to and in such proportions as become a part of the Restricted Stock would have vestedProperty.

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 6.2 13(a) of the Plan, the Committee Administrator shall make adjustments as it deems if appropriate in the number and kind of securities or other consideration that may become vested under an the Award. If any adjustment shall be made under Section 6.2 13(a) of the PlanPlan or an event described in Section 13(f)(i) of the Plan shall occur, or if the Corporation makes an extraordinary distribution in respect of its Common Stock (other than ordinary cash dividends provided for in Section 5 hereof), and the shares of Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration or other securities or other amount distributed by the Corporation (the “Restricted Property” and, for the purposes of this Agreement, “Restricted Stock” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. Notwithstanding the foregoing, to To the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (with earnings attributable thereto as if such amount had been shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee) at such times Administrator, the earnings on which shall be added to and in such proportions as become a part of the Restricted Property. The Board reserves the right to accelerate the vesting of the Restricted Stock would have vestedin such circumstances as it, in its sole discretion, deems appropriate and any such acceleration shall be effective only when set forth in a written instrument executed by an officer of the Corporation.