Unusual or Nonrecurring Events. The Administrator shall make, in its discretion, adjustments in the terms and conditions of, and the criteria included in, the Award in recognition of unusual or nonrecurring events affecting the Company, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Administrator determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan.
Appears in 3 contracts
Sources: Restricted Stock Unit Agreement (Perma-Pipe International Holdings, Inc.), Restricted Stock Unit Agreement (Perma-Pipe International Holdings, Inc.), Restricted Stock Agreement (Perma-Pipe International Holdings, Inc.)