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APC » Topics » (b) Limit on Full Value Awards - Flexible Share Pool

This excerpt taken from the APC DEF 14A filed Mar 31, 2008.
(b)  Limit on Full Value Awards — Flexible Share Pool
 
To the extent that a share of Common Stock is issued pursuant to the grant or exercise of a Full Value Award, it shall reduce the share authorization by 2.27 shares of Common Stock; and to the extent that a share of Common Stock is issued pursuant to the grant or exercise of an Award other than a Full Value Award, it shall reduce the share authorization by one (1) share of Common Stock.
 
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