Types of Awards. The Plan permits the granting of the following types of Awards according to the Sections of the Plan listed here: Section 5 Stock Options Section 6 Share Appreciation Rights ("SARs") Section 7 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section 8 Deferred Share Units ("DSUs") Section 9 Performance and Cash-settled Awards Section 10 Dividend Equivalent Rights 1 3. Shares Available for Awards. (a) Generally. Subject to Section 3(b) and Section 13 below, the aggregat
...e number of Shares which may be issued pursuant to Awards under the Plan is the sum of (i) 6,980,074 Shares, plus (ii) any Shares which as of the Effective Date are subject to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, or lapse unexercised. The Shares deliverable pursuant to Awards shall be authorized but unissued Shares, or Shares that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary pursuant to an Award (for example, due to its settlement in cash rather than in Shares, or the Award's forfeiture, cancellation, expiration, or net settlement without the issuance of Shares). Further, and to the extent permitted under Applicable Law, the maximum number of Shares available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan.
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Types of Awards. The
Plan permits the granting of Company may grant the following types of Awards
according to the Sections of the Plan listed here: under this Plan: Options Section 5
Stock Options Section 6 Share Appreciation Rights ("SARs") Section
7 6 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section
8 7 Deferred Share Units ("DSUs") Section
9 Performance and Cash-settled Awards Section 10 8 Dividend Equivalent Rights
1 Section 9 3. Shares Available for Awards. (a)
Generally.... Subject to Section 3(b) and Section 13 below, the aggregate Share Reserve. The number of Shares which that may be issued under this Plan, subject to Section 12 below, will not exceed 10,131,638 Shares. In addition, the number of Shares issuable pursuant to Awards under the Plan is will automatically increase on January 1st of each year for a period of up to ten years, commencing on the sum first January 1 following the year in which the Closing Date occurs and ending on (and including) January 1, 2031, in an amount equal to the lesser of (i) 6,980,074 Shares, plus (ii) any Shares which as 5% of the Effective Date are subject total number of Shares outstanding on December 31st of the preceding calendar year, or (ii) such smaller number of shares of Common Stock as is determined by the Board of Directors of the Company. Notwithstanding the foregoing, the Board may act prior to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, first day of any calendar year to provide that there will be no January 1st increase in the share reserve for such calendar year or lapse unexercised. that the increase in the share reserve for such calendar year will be a lesser number of Shares than would otherwise occur pursuant to the preceding sentence. The Shares deliverable issuable pursuant to Awards shall be authorized but unissued or reacquired Shares, including Shares that the Company repurchased on the open market or Shares otherwise, or that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards a given Award will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary (e.g., due to the Award's forfeiture, cancellation, or expiration, or pursuant to an Award (for example, due to its providing for settlement solely in cash rather than in Shares, Shares). Furthermore, (i) Shares withheld in connection with any exercise price or Withholding Taxes relating to an Award shall not constitute shares delivered to the Award's forfeiture, cancellation, expiration, Participant and shall again be available for issuance pursuant to Awards granted under the Plan, (ii) Shares tendered by a Participant in satisfaction of Withholding Taxes or net settlement without payment of exercise price, and (iii) Shares reacquired by the issuance Company in exchange for a payment no greater than the initial purchase price in connection with a repurchase due to a failure satisfy vesting conditions shall be available for future Awards under the Plan. (c) ISO Share Reserve. The number of Shares). Further, Shares that are available for ISO Awards shall not exceed 10,131,638 Shares (as adjusted under Section 12, and to the full extent permitted allowable under Applicable Law, Treasury Regulations Section 1.422-2(b)(3)(iii) as in effect on the maximum number of Shares available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. Closing Date).
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Types of Awards. The
Plan permits the granting of Company may grant the following types of Awards
according to the Sections of the Plan listed here: under this Plan: Options Section 5
Stock Options Section 6 Share Appreciation Rights ("SARs") Section
7 6 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section
8 7 Deferred Share Units ("DSUs") Section
9 Performance and Cash-settled Awards Section 10 8 Dividend Equivalent Rights
1 Section 9 3. Shares Available for Awards. (a)
Generally.... Subject to Section 3(b) and Section 13 below, the aggregate Share Reserve. The number of Shares which that may be issued under this Plan, subject to Section 12 below, will not exceed 10,173,096 Shares. In addition, the number of Shares issuable pursuant to Awards under the Plan is will automatically increase on January 1st of each year for a period of up to ten years, commencing on the sum first January 1 following the year in which the Closing Date occurs and ending on (and including) January 1, 2031, in an amount equal to the lesser of (i) 6,980,074 Shares, plus (ii) any Shares which as 5% of the Effective Date are subject total number of Shares outstanding on December 31st of the preceding calendar year, or (ii) such smaller number of shares of Common Stock as is determined by the Board of Directors of the Company. Notwithstanding the foregoing, the Board may act prior to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, first day of any calendar year to provide that there will be no January 1st increase in the share reserve for such calendar year or lapse unexercised. that the increase in the share reserve for such calendar year will be a lesser number of Shares than would otherwise occur pursuant to the preceding sentence. The Shares deliverable issuable pursuant to Awards shall be authorized but unissued or reacquired Shares, including Shares that the Company repurchased on the open market or Shares otherwise, or that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards a given Award will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary (e.g., due to the Award's forfeiture, cancellation, or expiration, or pursuant to an Award (for example, due to its providing for settlement solely in cash rather than in Shares, Shares). Furthermore, (i) Shares withheld in connection with any exercise price or Withholding Taxes relating to an Award shall not constitute shares delivered to the Award's forfeiture, cancellation, expiration, Participant and shall again be available for issuance pursuant to Awards granted under the Plan, (ii) Shares tendered by a Participant in satisfaction of Withholding Taxes or net settlement without payment of exercise price, and (iii) Shares reacquired by the issuance Company in exchange for a payment no greater than the initial purchase price in connection with a repurchase due to a failure satisfy vesting conditions shall be available for future Awards under the Plan. (c) ISO Share Reserve. The number of Shares). Further, Shares that are available for ISO Awards shall not exceed 10,173,096 Shares (as adjusted under Section 12, and to the full extent permitted allowable under Applicable Law, Treasury Regulations Section 1.422-2(b)(3)(iii) as in effect on the maximum number of Shares available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. Closing Date).
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Types of Awards. The
Plan permits the granting of Company may grant the following types of Awards
according to the Sections of the Plan listed here: under this Plan: Options Section 5
Stock Options Section 6 Share Appreciation Rights ("SARs") Section
7 6 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section
8 7 Deferred Share Units ("DSUs") Section
9 Performance and Cash-settled Awards Section 10 8 Dividend Equivalent Rights
1 Section 9 3. Shares Available for Awards. (a)
Generally.... Subject to Section 3(b) and Section 13 below, the aggregate Share Reserve. The number of Shares which that may be issued pursuant under this Plan, subject to Awards under the Plan is Section 12 below, will not exceed the sum of (i) 6,980,074 4,505,755 new Shares, plus (ii) any a number of Shares equal to the number of Returning Shares, if any, as such Shares become available from time to time. In addition, the number of Shares issuable pursuant to the Plan will automatically increase on January 1st of each year for a period of up to ten years, commencing on the first January 1 following the year in which as the IPO Date occurs and ending on (and including) January 1, 2031, in an amount equal to the lesser of (i) 5% of the Effective Date are subject total number of Shares outstanding on December 31st of the preceding calendar year, or (ii) 4,505,755 Shares. Notwithstanding the foregoing, the Board may act prior to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, first day of any calendar year to provide that there will be no January 1st increase in the share reserve for such calendar year or lapse unexercised. that the increase in the share reserve for such calendar year will be a lesser number of Shares than would otherwise occur pursuant to the preceding sentence. The Shares deliverable issuable pursuant to Awards shall be authorized but unissued or reacquired Shares, including Shares that the Company repurchased on the open market or Shares otherwise, or that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards a given Award will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary (e.g., due to the Award's forfeiture, cancellation, or expiration, or pursuant to an Award (for example, due to its providing for settlement solely in cash rather than in Shares, Shares). Furthermore, (i) Shares withheld in connection with any exercise price or Withholding Taxes relating to an Award shall not constitute shares delivered to the Award's forfeiture, cancellation, expiration, Participant and shall again be available for issuance pursuant to Awards granted under the Plan, (ii) Shares tendered by a Participant in satisfaction of Withholding Taxes or net settlement without payment of exercise price, and (iii) Shares reacquired by the issuance Company in exchange for a payment no greater than the initial purchase price in connection with a repurchase due to a failure satisfy vesting conditions shall be available for future Awards under the Plan. (c) ISO Share Reserve. The number of Shares). Further, Shares that are available for ISO Awards shall not exceed 4,505,755 Shares (as adjusted under Section 12, and to the full extent permitted allowable under Applicable Law, Treasury Regulations Section 1.422-2(b)(3)(iii) as in effect on the maximum number of Shares available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. IPO Date).
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Types of Awards. The Plan
permits permits, but does not require, the granting of the following types of Awards according to the Sections of the Plan listed
here: below: Section 5
Stock Share Options Section 6
Share Shares Appreciation Rights ("SARs")
Restricted Share, Restricted Share Unit ("RSUs") and Unrestricted Share Section 7
Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Awards Section 8
Deferred Share Units ("DSUs") Performance Awards Section 9
Performance and Cash-settled Awa...rds Section 10 Dividend Dividends Equivalent Rights 1 3. Shares Available for Awards. (a) Generally. Subject to Section 3(b) and Section 13 12 below, from the aggregate number Effective Date, a total of 4,000,000 Shares which may shall be issued pursuant to Awards available for issuance under the Plan is the sum of (i) 6,980,074 Shares, plus (ii) (plus any Shares which as of the Effective Date are shares subject to outstanding awards under the Prior Plan which are subsequently forfeited, cancelled, settled, or lapse unexercised. Amended and Restated Lexington Realty Trust 2011 Equity-Based Award Plan). The Shares deliverable pursuant to Awards shall be authorized but unissued Shares, or Shares that the Company otherwise holds in treasury or in trust. (b) Replenishment; Counting of Shares. If an Award expires or becomes un-exercisable without having been exercised in full or, with respect to Restricted Shares, Restricted Share Units, or Performance Units, is forfeited to the Company, the unpurchased Shares (or for Awards other than Options or SARs, the forfeited 1 Shares) which were subject thereto will become available for future grant or sale under this Plan, unless this Plan has terminated. With respect to SARs, all of the Shares covered by the Award (that is, Shares actually issued pursuant to a SAR, as well as the Shares that represent payment of the exercise price therefor) will cease to be available under this Plan. Shares that actually have been issued under this Plan under any Award will not revert to this Plan and will not become available for future distribution under this Plan; provided, however, that if Shares issued pursuant to Awards of Restricted Shares are forfeited to the Company, such Shares will become available for future grant under this Plan. Shares: (i) used to pay the exercise price of an Award, (ii) used to satisfy the Withholding Tax obligations related to an Award, or (iii) re-acquired by the Company on the open market or otherwise using cash proceeds from the exercise of Options will be deemed used under this Plan and will not become available for future grant or sale under this Plan. To the extent that an Award under this Plan is paid out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under this Plan. Notwithstanding the other provisions foregoing, and subject to adjustment as provided in this Section 3 to the contrary, 13, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall ISOs will equal 3,000,000 Shares, as such the aggregate Share number may be adjusted pursuant to stated in Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary pursuant to an Award (for example, due to its settlement in cash rather than in Shares, or the Award's forfeiture, cancellation, expiration, or net settlement without the issuance of Shares). Further, and 3(a), plus, to the extent permitted allowable under Applicable Law, the maximum number of Code Section 422, any Shares that become available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. this Plan pursuant to this Section 3(b).
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Types of Awards. The Plan
permits permits, but does not require, the granting of the following types of Awards according to the Sections of the Plan listed
here: Section 5 Stock Options Section 6 Share below:Section 5Share OptionsSection 6Shares Appreciation Rights
("SARs") Section 7 Restricted Shares, ("SARs")Section 7Restricted Share, Restricted Share
Units ("RSUs"), Unit ("RSUs") and Unrestricted
Shares Section 8 Deferred Share
Units ("DSUs") Section 9 Performance and Cash-settled Awards Section 10 Dividend A...wardsSection 8Performance Compensation AwardsSection 9Dividends Equivalent Rights 1 3. Rights3. Shares Available for Awards. (a) Generally. Awards.(a)Generally. Subject to Section 3(b) and Section 13 12 below, from the aggregate number Effective Date, a total of 5,329,790 Shares which may shall be issued pursuant to Awards available for issuance under the Plan, constituting 5,000,000 Shares plus 329,790 Shares underlying unexercised Share Options as of the Committee Approval Date, awarded under the Plan is the sum of (i) 6,980,074 Shares, plus (ii) any Shares which as of the Effective Date are subject prior to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, or lapse unexercised. its amendment and restatement. The Shares deliverable pursuant to Awards shall be authorized but unissued Shares, or Shares that the Company otherwise holds in treasury or in trust. 1(b)Replenishment; Counting of Shares. If an Award expires or becomes un-exercisable without having been exercised in full or, with respect to Restricted Shares, Restricted Share Units, or Performance Units, is forfeited to the Company, the unpurchased Shares (or for Awards other than Options or SARs, the forfeited Shares) which were subject thereto will become available for future grant or sale under this Plan, unless this Plan has terminated. With respect to SARs, all of the Shares covered by the Award (that is, Shares actually issued pursuant to a SAR, as well as the Shares that represent payment of the exercise price therefor) will cease to be available under this Plan. Shares that actually have been issued under this Plan under any Award will not revert to this Plan and will not become available for future distribution under this Plan; provided, however, that if Shares issued pursuant to Awards of Restricted Shares are forfeited to the Company, such Shares will become available for future grant under this Plan. Shares: (i) used to pay the exercise price of an Award, (ii) used to satisfy the Withholding Tax obligations related to an Award, or (iii) re-acquired by the Company on the open market or otherwise using cash proceeds from the exercise of Options will be deemed used under this Plan and will not become available for future grant or sale under this Plan. To the extent that an Award under this Plan is paid out in cash rather than Shares, such cash payment will not result in reducing the number of Shares available for issuance under this Plan. Notwithstanding the other provisions foregoing, and subject to adjustment as provided in this Section 3 to the contrary, 13, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall ISOs will equal 3,000,000 Shares, as such the aggregate Share number may be adjusted pursuant to stated in Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary pursuant to an Award (for example, due to its settlement in cash rather than in Shares, or the Award's forfeiture, cancellation, expiration, or net settlement without the issuance of Shares). Further, and 3(a), plus, to the extent permitted allowable under Applicable Law, the maximum number of Code Section 422, any Shares that become available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. this Plan pursuant to this Section 3(b).
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Types of Awards. The
Plan permits the granting of Company may grant the following types of Awards
according to the Sections of the Plan listed here: under this Plan: Options Section 5
Stock Options Section 6 Share Appreciation Rights ("SARs") Section
7 6 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section
8 Deferred Share Units ("DSUs") Section 9 Performance and Cash-settled Awards Section 10 Dividend Equivalent Rights 1 7 3. Shares Available for Awards. (a)
Generally. Subject to ...Section 3(b) and Section 13 below, the aggregate number Share Reserve; In General. A total of 532,164 Shares which may be issued pursuant to Awards under the Plan is the sum of (i) 6,980,074 Shares, plus (ii) any Shares which as of the Effective Date are this Plan, subject to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, or lapse unexercised. Section 12 below ("Share Reserve"). The Shares deliverable pursuant to Awards shall be authorized but unissued or reacquired Shares, including Shares that the Company repurchased on the open market or Shares otherwise, or that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards a given Award will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary (e.g., due to the Award's forfeiture, cancellation, or expiration, or pursuant to an Award (for example, due to its providing for settlement solely in cash rather than in Shares, or the Award's forfeiture, cancellation, expiration, or net settlement without the issuance of Shares). Further, and to the extent permitted under Applicable Law, the maximum number of Shares available for delivery under the Plan Share Reserve shall not be reduced by any Shares issued under the this Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, entity or by any Shares that a Person owns and tenders issued under this Plan as "inducement grants" under applicable listing rules, if any. Furthermore, Shares withheld in payment of all or part of the exercise price of or taxes relating to an Award and Shares equal to the number surrendered in payment of any exercise price or in satisfaction of applicable Withholding Taxes relating to an Award shall be deemed to not increase constitute Shares delivered to the Participant and shall again be available for Awards under the Plan. (c) ISO Share Reserve. The number of Shares that are available for future issuance ISO Awards shall not exceed 532,164 Shares (as adjusted under Section 12, and to the Plan. full extent allowable under Treas. Reg. ยง 1.422-2(b)(3)(iii) as in effect on the Effective Date).
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Types of Awards. The Plan permits the granting of the following types of Awards according to the Sections of the Plan listed
here: below: Section 5
Stock Options Section 6 Share Appreciation Rights ("SARs") Section 7 Restricted Shares, Restricted Share Units ("RSUs"), and Unrestricted Shares Section 8 Deferred Share Units ("DSUs") Section 9 Performance and Cash-settled Awards Section 10 Dividend Equivalent Rights
1 3. Shares Available for Awards. (a) Generally. Subject to Section
3(b) and Section 13 below,
the a...ggregate number a total of [forty million (40,000,000)] Shares which may shall be issued pursuant to Awards available for issuance under the Plan is the sum of (i) 6,980,074 Shares, plus (ii) any Shares which as of the Effective Date are subject to awards under the Prior Plan which are subsequently forfeited, cancelled, settled, or lapse unexercised. Plan. The Shares deliverable pursuant to Awards shall be authorized but unissued Shares, or Shares that the Company otherwise holds in treasury or in trust. Notwithstanding the other provisions in this Section 3 to the contrary, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall equal 3,000,000 Shares, as such number may be adjusted pursuant to Section 13 below. (b) Replenishment; Counting of Shares. Any Shares reserved for Plan Awards will again be available for future Awards if the Shares for any reason will never be issued to a Participant or Beneficiary pursuant to an Award (for example, due to its settlement in cash rather than in Shares, or the Award's forfeiture, cancellation, expiration, or net settlement without through the issuance of Shares). Further, and to the extent permitted under Applicable Law, the maximum number of Shares available for delivery under the Plan shall not be reduced by any Shares issued under the Plan through the settlement, assumption, or substitution of outstanding awards or obligations to grant future awards as a condition of the Company's or an Affiliate's acquiring another entity. On the other hand, Shares that a Person owns and tenders in payment of all or part of the exercise price of an Award or in satisfaction of applicable Withholding Taxes shall not increase the number of Shares available for future issuance under the Plan. Shares reacquired by the Company on the open market using Option Proceeds shall be available for Awards. The increase in Shares available pursuant to the repurchase of Shares with Option Proceeds shall not be greater than the amount of such proceeds divided by the Fair Market Value of a Share on the date of exercise of the Option giving rise to such Option Proceeds. (c) ISO Share Reserve. The number of Shares that are available for ISO Awards shall not exceed 100% of the number of Shares designated in Section 3(a) above (as adjusted pursuant to Section 13 of the Plan, in accordance with Code Section 422).
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