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This excerpt taken from the DVN DEF 14A filed Apr 24, 2009. Automatic
Adjustment Features
The 2009 plan provides for the automatic adjustment of the
number and kind of shares available under it, and the number and
kind of shares subject to outstanding awards in the event our
common stock is changed into or exchanged for a different number
or kind of shares of stock or other securities of Devon or
another corporation, or if the number of shares of our common
stock is increased through a stock dividend. The 2009 plan also
provides that the Compensation Committee may adjust the number
of shares available under the 2009 plan and the number of shares
subject to any outstanding awards if, in the Compensation
Committee’s opinion, any other change in the number or kind
of shares of outstanding common stock equitably requires such an
adjustment.
57
Commitment Runs Deep
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