Common use of No Limit on Other Compensation Arrangements Clause in Contracts

No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Corporation or its Parent or Subsidiary corporations from adopting or continuing in effect other compensation arrangements (whether such arrangements be generally applicable or applicable only in specific cases) as the Committee in its discretion determines desirable, including without limitation the granting of stock options or restricted stock units otherwise than under the Plan.

Appears in 1 contract

Sources: Stock Purchase Agreement (Metastorm Inc)

No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Corporation Company or its Parent any Parent, Subsidiary or Subsidiary corporations Affiliate from adopting or continuing in effect other compensation arrangements (whether such arrangements be generally applicable or applicable only in specific cases) as the Committee in its discretion determines desirable), including without limitation the granting of stock options options, Restricted Stock, Restricted Stock Units, Stock Appreciation Rights or restricted stock units Phantom Stock Units otherwise than under the Plan.

Appears in 1 contract

Sources: Proxy Statement

No Limit on Other Compensation Arrangements. Nothing contained in the Plan shall prevent the Corporation or its Parent or Subsidiary corporations from adopting or continuing in effect other compensation arrangements (whether such arrangements be generally applicable or applicable only in specific cases) as the Committee in its discretion determines desirable, including without limitation the granting of stock options options, stock awards, stock appreciation rights or restricted phantom stock units otherwise than under the Plan.

Appears in 1 contract

Sources: Recapitalization Agreement (Mapquest Com Inc)