Common use of Grant of Additional Units Clause in Contracts

Grant of Additional Units. (1) If the per share closing price of AEI Common Stock as quoted on January 2, 2004 in the NYSE Composite Transaction listing in The Wall Street Journal (the "2004 Closing Price") exceeds the Blended Price (the excess being the "Differential"), by at least $0.50, AESC shall grant to the Executive, on January 2, 2004, an additional number of Units equal to the quotient of $300,000 divided by the 2004 Closing Price; and (2) For every whole dollar in excess of $0.50 by which the 2004 Closing Price exceeds the Blended Price, AESC shall grant to the Executive, on January 2, 2004, in addition to the Units granted in clause (1) above, Units equal to the quotient of $300,000 divided by the 2004 Closing Price (such units, together with the Units granted pursuant to subsection (1), the "Additional Units"). Each Additional Unit shall represent one share of AEI Common Stock. The Additional Units shall be included in the Stock Unit Agreement.

Grant of Additional Units. (1) If the per share closing price of AEI Common Stock as quoted on January 2, 2004 in the NYSE Composite Transaction listing in The Wall Street Journal (the "2004 Closing Price") exceeds the Blended Price (the excess being the "Differential"), by at least $0.50, AESC shall grant to the Executive, on January 2, 2004, an additional number of Units equal to the quotient of $300,000 550,000 divided by the 2004 Closing Price; and (2) For every whole dollar in excess of $0.50 by which the 2004 Closing Price exceeds the Blended Price, AESC shall grant to the Executive, on January 2, 2004, in addition to the Units granted in clause (1) above, Units equal to the quotient of $300,000 550,000 divided by the 2004 Closing Price (such units, together with the Units granted pursuant to subsection (1), the "Additional Units"). Each Additional Unit shall represent one share of AEI Common Stock. The Additional Units shall be included in the Stock Unit Agreement.Agreement substantially in the form of Exhibit B.

Grant of Additional Units. (1) If the per share closing price of AEI Common Stock as quoted on January 2, 2004 in the NYSE Composite Transaction listing in The Wall Street Journal (the "2004 Closing Price") exceeds the Blended Price (the excess being the "Differential"), by at least $0.50, AESC shall grant to the Executive, on January 2, 2004, an additional number of Units equal to the quotient of $300,000 1.5 million divided by the 2004 Closing Price; and (2) For every whole dollar in excess of $0.50 by which the 2004 Closing Price exceeds the Blended Price, AESC shall grant to the Executive, on January 21, 2004, in addition to the Units granted in clause (1) above, Units equal to the quotient of $300,000 1.5 million divided by the 2004 Closing Price (such units, together with the Units granted pursuant to subsection (1), the "Additional Units"). Each Additional Unit shall represent one share of AEI Common Stock. The Additional Units shall be included in the Stock Unit Agreement.Agreement substantially in the form of Exhibit B.

Grant of Additional Units. (1) If the per share closing price of AEI Common Stock as quoted on January 2, 2004 in the NYSE Composite Transaction listing in The Wall Street Journal (the "2004 Closing Price") exceeds the Blended Price (the excess being the "Differential"), by at least $0.50, AESC shall grant to the Executive, on January 2, 2004, an additional number of Units equal to the quotient of $300,000 50,000 divided by the 2004 Closing Price; and (2) For every whole dollar in excess of $0.50 by which the 2004 Closing Price exceeds the Blended Price, AESC shall grant to the Executive, on January 2, 2004, in addition to the Units granted in clause (1) above, Units equal to the quotient of $300,000 50,000 divided by the 2004 Closing Price (such units, together with the Units granted pursuant to subsection (1), the "Additional Units"). Each Additional Unit shall represent one share of AEI Common Stock. The Additional Units shall be included in the Stock Unit Agreement.