Common use of Change in Accounting Principle Clause in Contracts

Change in Accounting Principle. If the Company implements a change in accounting principle during the three-year period from September 1, 2011 to August 31, 2014 (the “the Measurement Period”) either as a result of issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of this award, then the Adjusted EBITDA, Adjusted Operating Income, Adjusted Net Income and Adjusted Shareholders’ Equity for each affected period shall be adjusted to eliminate the impact of the change in accounting principle.

Change in Accounting Principle. If the Company implements a change in accounting principle during the three-year period from September 1, 2011 2012 to August 31, 2014 2015 (the “the Measurement Period”) either as a result of issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of this award, then the Adjusted EBITDA, Adjusted Operating Income, Adjusted Net Income and Adjusted Shareholders’ Equity for each affected period shall be adjusted to eliminate the impact of the change in accounting principle.