Exhibit 10.10

                                McMoRan OIL & GAS CO.
                              ADJUSTED STOCK AWARD PLAN
                                      SECTION 1

                    Purpose.   The purpose  of the  McMoRan Oil  & Gas  Co.

          Adjusted Stock  Award Plan  (the "Plan")  is to  provide for  the
          issuance and administration of certain awards relating to  common
          stock of the Company issued to employees, officers and  directors
          of  Freeport-McMoRan  Inc.  ("FTX"),  the  Company's  parent,  in
          connection with FTX's distribution to FTX stockholders of all  of
          the common stock of the Company.


                                      SECTION 2


                    Definitions.  As used in the Plan, the following  terms
          shall have the meanings set forth below:

                    "Award" shall mean any  Option, Limited Right or  Stock
          Incentive Unit granted under this Plan.

                    "Award Agreement"  shall  mean any  written  agreement,
          contract or other  instrument or document  evidencing any  Award,
          which may,  but  need  not, be  executed  or  acknowledged  by  a
          Participant.

                    "Board" shall  mean  the  Board  of  Directors  of  the
          Company.

                    "Code" shall mean the Internal Revenue Code of 1986, as
          amended from time to time.

                    "Committee"  shall  mean  a  committee  of  the   Board
          designated by the Board  to administer the  Plan and composed  of
          not fewer  than  two  directors, each  of  whom,  to  the  extent
          necessary to  comply with  Rule 16b-3  only, is  a  "non-employee
          director" within the  meaning of  Rule 16b-3 and,  to the  extent
          necessary to  comply with  Section 162(m)  only, is  an  "outside
          director" under  Section  162(m).   In  the  absence  of  such  a
          designation, "Committee" shall mean the Board.

                    "Company" shall mean McMoRan Oil & Gas Co.

                    "Designated Beneficiary"  shall  mean  the  beneficiary
          designated by  the Participant,  in a  manner determined  by  the
          Committee, to receive the benefits due the Participant under  the
          Plan in the event of the Participant's death.  In the absence  of
          an  effective   designation   by  the   Participant,   Designated
          Beneficiary shall mean the Participant's estate.

                    "Distribution" shall mean  the distribution  by FTX  of
          As amended effective November 5, 1997 all the  then outstanding
          Shares to  the holders  of FTX  common stock, as described in the
          Information Statement.

                    "Distribution Date" shall  mean the Distribution  Date,
          as disclosed in the Information Statement.

                    "Eligible Individual" shall mean any present or  former
          employee, officer or director of FTX who on the Distribution Date
          holds an FTX Award.

                    "Exchange Act" shall mean  the Securities Exchange  Act
          of 1934, as amended from time to time.

                    "FTX Award"  shall mean  any of  the FTX  Options,  FTX
          Director Options, FTX SARs and FTX SIUs.

                    "FTX Director Option" shall mean an option to  purchase
          FTX common stock granted under the FTX 1988 Stock Option Plan for
          Non-Employee Directors that is outstanding and unexercised on the
          Distribution Date.

                    "FTX Option"  shall  mean  an option  to  purchase  FTX
          common stock granted  by FTX to  a present or  former officer  or
          employee of  FTX  that  is outstanding  and  unexercised  on  the
          Distribution Date.

                    "FTX SAR" shall mean a stock appreciation right granted
          to a  present  or former  officer  or  employee of  FTX  that  is
          outstanding and unexercised on the Distribution Date.

                    "FTX SIU"  shall mean  a stock  incentive unit  granted
          under the FTX 1992 Stock Incentive Unit Plan that is  outstanding
          and unexercised on the Distribution Date.

                    "Information  Statement"  shall  mean  the  Information
          Statement  dated  May  18,  1994  included  in  the  Registration
          Statement on Form 10A-2 filed by  the Company under the  Exchange
          Act with respect to the Shares.

                    "Limited Right"  shall  mean any  right  granted  under
          Section 8 of the Plan.

                    "Offer" shall mean any tender offer, exchange offer  or
          series of purchases or other acquisitions, or any combination  of
          those transactions, as a result of  which any person, or any  two
          or more persons  acting as a  group, and all  affiliates of  such
          person or persons, shall  own beneficially more  than 40% of  the
          Shares outstanding  (exclusive of  Shares held  in the  Company's
          treasury or by the Company's Subsidiaries).

                    "Offer Price" shall  mean the highest  price per  Share
          paid in any Offer that is in effect at any time during the period
          beginning on  the ninetieth  day prior  to the  date on  which  a
          Limited Right is exercised and ending  on and including the  date
          of exercise of such Limited Right.    Any securities or  property
          As amended effective November 5, 1997  
          that comprise  all or  a portion  of the  consideration paid  for
          Shares in  the Offer  shall be  valued in  determining the  Offer
          Price  at  the  higher  of  (i)  the  valuation  placed  on  such
          securities or  property  by the  person  or persons  making  such
          Offer, or (ii) the valuation, if  any, placed on such  securities
          or property by the Committee or the Board.

                    "Option" shall mean an  Option granted under  Section 6
          of the Plan.

                    "Participant"  shall  mean   any  Eligible   Individual
          granted an Award under the Plan.

                    "Person"  shall  mean   any  individual,   corporation,
          partnership,    association,    joint-stock    company,    trust,
          unincorporated organization, government or political  subdivision
          thereof or other entity.

                    "Rule 16b-3" shall mean  Rule 16b-3 promulgated by  the
          SEC under the Exchange Act, or  any successor rule or  regulation
          thereto as in effect from time to time.

                    "SEC"  shall   mean   the   Securities   and   Exchange
          Commission,  including  the  staff  thereof,  or  any   successor
          thereto.

                    "Section 162(m)" shall mean Section 162(m) of the  Code
          and all regulations promulgated thereunder as in effect from time
          to time.

                    "SIU" shall mean a Stock Incentive Unit.

                    "Shares" shall  mean the  shares of  common stock,  par
          value $.01  per share,  of the  Company (including  any  attached
          Preferred Stock Purchase  Rights), and such  other securities  of
          the Company or  a Subsidiary as  the Committee may  from time  to
          time designate.

                    "Stock Incentive Unit"  shall mean any  award of  stock
          incentive units granted under Section 7 of the Plan.

                    "Subsidiary" shall mean any corporation or other entity
          in which  the Company  possesses  directly or  indirectly  equity
          interests representing at total value of all classes of equity
          interests of such corporation or other entity.


                                      SECTION 3

                    Administration.  The Plan shall be administered by  the
          Committee.  Subject to the terms of the Plan and applicable  law,
          and in  addition  to  other  express  powers  and  authorizations
          conferred on the Committee by the Plan, the Committee shall  have
          full power and authority to interpret and administer the Plan and
          any instrument or agreement relating to, or Award made under, the
          Plan;  establish,  amend,  suspend   or  waive  such  rules   and
          regulations and appoint such agents as it shall deem  appropriate
          for the proper  administration of the  Plan; and  make any  other
          determination and take any other action that the Committee  deems
          necessary or desirable for the administration  of the Plan.   The
          Committee shall  have  no  discretion  relating  to  the  timing,
          pricing and size of Awards granted under the Plan, which shall be
          determined in accordance with the provisions of Sections 6, 7 and
          8.    Unless  otherwise  expressly  provided  in  the  Plan,  all
          designations, determinations, interpretations and other decisions
          under or with respect  to the Plan or  any Award shall be  within
          the sole discretion of the Committee, may be made at any time and
          shall  be  final,  conclusive  and  binding  upon  all   Persons,
          including the  Company,  any  Subsidiary,  any  Participant,  any
          holder or  beneficiary  of  any Award,  any  stockholder  of  the
          Company and any Eligible Individual.


                                      SECTION 4

                    Eligibility.  Each Eligible Individual shall be granted
          an Award in accordance with the provisions of the Plan.


                                      SECTION 5

                    (a)    Shares  Available   for  Awards. Subject   to
          adjustment as provided in paragraph 5(b):

                    (i)  Calculation of Number of  Shares Available. The
               number of Shares with respect to which Awards may be granted
               under the Plan  shall be such  number of  Shares as  results
               from the  application of  the award  formulas set  forth  in
               Sections 6  and 8.    Such number  of  Shares shall  not  be
               reduced by the number of Shares  with respect to which  SIUs
               shall be granted,  which shall be  determined in  accordance
               with Section 7.  If, after  the effective date of the  Plan,
               an Award granted  under the  Plan expires  or is  exercised,
               forfeited, canceled or  terminated without  the delivery  of
               Shares, then the Shares  covered by such  Award or to  which
               such Award  relates,  or  the  number  of  Shares  otherwise
               counted against the aggregate number of Shares with  respect
               to which Awards may  be granted, to the  extent of any  such
               expiration,   exercise,    forfeiture,    cancellation    or
               termination, shall not thereafter be available for grants or
               Awards under the Plan.

                    (ii)  Sources of Shares Deliverable Under Awards.  Any
               Shares  delivered  pursuant  to  an  Award  may  consist  of
               authorized  and  unissued  Shares  or  of  treasury  Shares,
               including Shares held  by the  Company or  a Subsidiary  and
               acquired in the  open market  or otherwise  obtained by  the
               Company or a Subsidiary.

                    (b)   Adjustments.   In the  event that  the  Committee
          determines that any  dividend or other  distribution (whether  in
          the form of cash, Shares, Subsidiary securities, other securities
          or other property), recapitalization, stock split, reverse  stock
          split, reorganization, merger, consolidation, split-up, spin-off,
          combination, repurchase or exchange of Shares or other securities
          of the Company, issuance of warrants or other rights to  purchase
          Shares or  other  securities of  the  Company, or  other  similar
          corporate transaction or  event affects the  Shares such that  an
          adjustment is determined  by the Committee  to be appropriate  to
          prevent dilution  or enlargement  of  the benefits  or  potential
          benefits intended to be made available  under the Plan, then  the
          Committee may, in its  sole discretion and in  such manner as  it
          may deem equitable, adjust any or all of (i) the number and  type
          of  Shares  (or   other  securities  or   property)  subject   to
          outstanding Awards, and  (ii) the  grant or  exercise price  with
          respect to any  Award or, if  deemed appropriate, make  provision
          for a  cash  payment  to the  holder  of  an  outstanding  Award;
          provided,  that  the  number  of  Shares  subject  to  any  Award
          denominated in Shares shall always be a whole number.


                                      SECTION 6

                    (a)    Stock  Options. Immediately  prior  to   the
          Distribution, each holder of an FTX Option, an FTX SAR or an  FTX
          Director Option shall receive an  Option to purchase such  number
          of Shares   (disregarding any  fractional Share)  as such  holder
          would be eligible to receive in the Distribution with respect  to
             would be eligible to receive in the Distribution with respect  to
          the number of  shares of  FTX common  stock subject  to such  FTX
          Award if such holder were the owner of record of such FTX  shares
          on the record date for the Distribution.  Except as set forth  in
          paragraphs 6(b) and 6(c),  each such Option  shall have the  same
          remaining term and other terms and conditions (whether such terms
          and conditions are contained in  the related FTX Award  agreement
          or in the plan under which such FTX Award was made) and shall  be
          exercisable to the same extent as  the FTX Award from which  they
          were  derived,  with  such  changes  and  modifications  as   are
          necessary to substitute the Company for FTX as the issuer of  the
          Option.

                    (b)  Exercise Price.  The  per Share exercise price  of
          each Option granted pursuant to paragraph  6(a) shall be the  per
          share exercise price or grant price  of the FTX Award from  which
          such Option was derived multiplied  by a fraction, the  numerator
          of which is the per Share fair market value of the Shares at  the
          time of the Distribution, determined as set forth below, and  the
          denominator of which is  the per share fair  market value of  FTX
          common stock at the time of  the Distribution, determined as  set
          forth below.  For purposes of this paragraph 6(b), the per  Share
          fair market value at  the time of the  Distribution shall be  the
          weighted average when-issued per Share price of the Shares on the
          NASDAQ National Market System on the first trading date on  which
          the Shares  are  traded on  a  when-issued basis  on  the  NASDAQ
          National Market System, and  the per share  fair market value  of
          FTX common stock  at the time  of the Distribution  shall be  the
          weighted average per share price of  the FTX common stock on  the
          New York Stock Exchange on such trading date.

                    (c)  Tax-Offset Right Adjustment.  Notwithstanding  the
          foregoing, if the FTX Award from  which the Option granted  under
          this Section  6  derives contained  a  right to  receive  a  cash
          payment upon exercise of such FTX  Award related to and  intended
          to defray  the income  tax  liability associated  therewith,  the
          number  of  Shares  to  be  subject  to  the  Option,  determined
          according  to   the  provisions   of  paragraph   6(a)   (without
          disregarding fractional Shares),  shall be  multiplied by  1.6556
          and any fractional Share resulting from such adjustment shall  be
          disregarded.  Such adjustment shall not affect the calculation of
          the per  Share exercise  price  of the  Option  as set  forth  in
          paragraph 6(b).

                    (d)  Payment.  No Shares shall be delivered pursuant to
          any exercise of  an Option until  payment in full  of the  option
          price therefor is received by the  Company.  Such payment may  be
          made in  cash,  or its  equivalent,  or,  if and  to  the  extent
          permitted by the Committee, by  applying cash amounts payable  by
          the Company upon the exercise of  such Option or other Awards  by
          the holder thereof or  by exchanging whole  Shares owned by  such
          holder (which are not the subject of any pledge or other security
          interest), or by  a combination of  the foregoing, provided  that
          the combined value of all cash, cash equivalents, cash amounts so
          payable by  the Company  upon exercises  of Awards  and the  fair
          market value of any such whole Shares so tendered to the Company,
          valued  (in  accordance  with   procedures  established  by   the
          Committee) as of the effective date of such exercise, is at least
          equal to such option price.


                                      SECTION 7

                    (a)  Stock Incentive Units. Immediately prior to  the
          Distribution, each holder  of an FTX  SIU shall  receive a  Stock
          Incentive Unit relating  to such number  of Shares  (disregarding
          any fractional Share) as such holder would be eligible to receive
          in the Distribution with respect to  the number of shares of  FTX
          common stock to which  such FTX SIU relates  if such holder  were
          the owner of record of such FTX shares on the record date for the
          Distribution.  Except as set forth  in paragraphs 7(b) and  7(c),
          each such SIU shall have the same remaining term and other  terms
          and conditions (whether such  terms and conditions are  contained
          in the related FTX SIU agreement or in the plan under which  such
          FTX SIU was made) and shall be exercisable to the same extent  as
          the FTX SIU from which they  were derived, with such changes  and
          modifications as are necessary to substitute the Company for  FTX
          as the issuer of the SIU.   The per Share exercise price of  each
          SIU shall be determined in the same manner as the exercise  price
          of Options  granted  pursuant  to  Section  6,  as  described  in
          paragraph 6(b).

                    (b)  A  Stock Incentive Unit  shall entitle the  holder
          thereof to receive an amount equal to the excess, if any, of  the
          fair market value of a Share on  the date of exercise of the  SIU
          over the exercise price.  In the event that the SIU is  exercised
          during a  period beginning  not earlier  than one  day after  the
          expiration date of an Offer and ending not more than ninety  days
          after the expiration date of such Offer, an SIU shall entitle the
          holder thereof to  receive upon exercise  the higher  of (i)  the
          amount described in the first sentence of this paragraph 7(b) and
          (ii) an amount in cash equal to the excess, if any, of the  Offer
          Price on the date of exercise of the SIU over the exercise price.


                                      SECTION 8

                    (a)  Limited Rights.  Each  holder of an FTX Option  or
          FTX SAR shall  receive, at the  same time as  and in tandem  with
          each Option  granted  to such  holder  under Section  6,  Limited
          Rights equal in number  to the number of  Shares subject to  such
          Option with  which  such Limited  Rights  are in  tandem.    Such
          Limited Rights shall  have a grant  price equal  to the  exercise
          price of the Option under Section  6 with which it is in  tandem,
          and shall  in  all other  respects  contain the  same  terms  and
          conditions as  the agreement  pertaining to  the FTX  Award  from
          which they derived.

                    (b)  A Limited Right  shall entitle the holder  thereof
          to receive an amount  equal to the excess,  if any, of the  Offer
          Price on the date of exercise of the Limited Right over the grant
          price.  Any  Limited Right may  be settled in  cash, Shares or  a
          combination of cash and Shares, as determined by the Committee or
          the Board at the time of exercise, and shall only be  exercisable
          during a period beginning not earlier than one day and ending not
          more than ninety days after the expiration date of an Offer.

                                      SECTION 9

                    (a)   Amendments to  the Plan. The  Board may  amend,
          suspend or terminate the Plan or any portion thereof at any time,
          provided that  no amendment  shall  be made  without  stockholder
          approval if such approval is necessary to comply with any tax  or
          regulatory  requirement.      Notwithstanding  anything  to   the
          contrary contained herein, (i) the  Committee may amend the  Plan
          in such manner as may be  necessary for the Plan to conform  with
          local rules  and  regulations  in any  jurisdiction  outside  the
          United States and (ii)  any amendment, suspension or  termination
          made in accordance with this paragraph 9(a) that would  adversely
          affect a holder's rights under an  Award made under the Plan  may
          not be made without such holder's consent.

                    (b)  Amendments  to Awards. The Committee may  amend,
          modify or terminate any  outstanding Award at  any time prior  to
          payment or exercise in any manner not inconsistent with the terms
          of the Plan, including without limitation, (i) to change the date
          or dates as  of which an  Award becomes exercisable,  or (ii)  to
          cancel an Award and  grant a new  Award in substitution  therefor
          under such different terms and conditions as it determines in its
          sole  and  complete  discretion  to  be  appropriate,   provided,
          however, that  any amendment,  modification or  termination  that
          would adversely affect a holder's rights  under an Award may  not
          be made without such holder's consent.

                    (c)   Adjustment of Awards Upon the Occurrence of    
          Certain Unusual or Nonrecurring Events. The Committee is  hereby
          authorized to make  adjustments in the  terms and conditions  of,
          and the criteria included in, Awards in recognition of unusual or
          nonrecurring events  (including, without  limitation, the  events
          described in paragraph 5(b) hereof) affecting the Company, or the
          financial statements  of the  Company or  any Subsidiary,  or  of
          changes  in   applicable   laws,   regulations,   or   accounting
          principles,  whenever   the   Committee  determines   that   such
          adjustments are appropriate to prevent dilution or enlargement of
          the benefits or potential benefits intended to be made  available
          under the Plan.

                    (d)  Cancellation.  Any provision  of this Plan or  any
          Award Agreement to  the contrary  notwithstanding, the  Committee
          may  cause  any  Award  granted  hereunder  to  be  canceled   in
          consideration of a cash payment or alternative Award made to  the
          holder of such  canceled Award equal  in value  to such  canceled
          Award.  The determinations of value under this subparagraph shall
          be made by the Committee in its sole discretion.


                                     SECTION 10

                    (a)  Award Agreements.   Each Award hereunder shall  be
          evidenced by a  writing delivered to  the Participant that  shall
          specify the terms and conditions thereof and any rules applicable
          thereto and that shall, in accordance with the provisions of  the
          Plan, replicate as closely as possible the terms, conditions  and
          other contractual  attributes of  the FTX  Award from  which  the
          Award is derived, as in effect on the Distribution Date.

                    (b)  Transferability.  No Awards granted hereunder  may
          be transferred, pledged,  assigned or otherwise  encumbered by  a
          Participant except: (i) by will; (ii) by the laws of descent  and
          distribution; (iii) pursuant  to a domestic  relations order,  as
          defined in  the  Code,  if permitted  by  the  Committee  and  so
          provided in the Award Agreement or an amendment thereto; or  (iv)
          as to Options only, if permitted by the Committee and so provided
          in the Award Agreement or an amendment thereto, (a) to  Immediate
          Family Members, (b)  to a partnership  in which Immediate  Family
          Members, or entities  in which Immediate  Family Members are  the
          owners,  members  or  beneficiaries,  as  appropriate,  are   the
          partners, (c) to a limited  liability company in which  Immediate
          Family Members, or entities in which Immediate Family Members are
          the owners,  members or  beneficiaries, as  appropriate, are  the
          members, or (d) to  a trust for the  benefit of Immediate  Family
          Members; provided,  however,  that  no more  than  a  de  minimus
          beneficial interest in a  partnership, limited liability  company
          or trust described in  (b), (c) or  (d) above may  be owned by  a
          person who is not an Immediate Family Member or by an entity that
          is not beneficially  owned solely by  Immediate Family Members.  
          "Immediate Family Members"  shall be  defined as  the spouse  and
          natural or adopted children  or grandchildren of the  Participant
          and their spouses.   Any attempted assignment, transfer,  pledge,
          hypothecation  or  other  disposition  of  Awards,  or  levy   of
          attachment  or  similar  process  upon  Awards  not  specifically
          permitted herein, shall be null and void and without effect.  The
          designation of a Designated Beneficiary shall not be a  violation
          of this Section 10(b).

                    (c)  Share Certificates.  All certificates for  Shares
          or other  securities delivered  under the  Plan pursuant  to  any
          Award or  the exercise  thereof shall  be  subject to  such  stop
          transfer orders and other restrictions as the Committee may  deem
          advisable under the  Plan or  the rules,  regulations, and  other
          requirements of  the  SEC, any  stock  exchange upon  which  such
          Shares or other  securities are then  listed, and any  applicable
          federal or state laws,  and the Committee may  cause a legend  or
          legends to be put  on any such  certificates to make  appropriate
          reference to such restrictions.

                    (d)  No  Limit on  Other Compensation  Arrangements.   
          Nothing contained  in the  Plan shall  prevent the  Company  from
          adopting or continuing in effect other compensation arrangements,
          which may, but need not, provide for the grant of options,  stock
          appreciation rights  and  other  types  of  Awards  provided  for
          hereunder  (subject   to  stockholder   approval  of   any   such
          arrangement if approval is  required), and such arrangements  may
          be either  generally applicable  or applicable  only in  specific
          cases.

                    (e)  No  Right to Employment.  The grant  of an  Award
          shall not be construed  as giving a Participant  the right to  be
          engaged or employed  by or  retained in  the employ  of FTX,  the
          Company or any Subsidiary.   FTX, the  Company or any  Subsidiary
          may  at  any  time  dismiss  a  Participant  from  engagement  or
          employment, free from any liability or any claim under the  Plan,
          unless otherwise expressly provided in the  Plan or in any  Award
          Agreement  or  any  agreement  relating  to  the  engagement   or
          employment  of  the  Participant  by  FTX,  the  Company  or  any
          Subsidiary.

                    (f)  Governing  Law. The  validity, construction,  and
          effect of the  Plan, any rules  and regulations  relating to  the
          Plan and any  Award Agreement shall  be determined in  accordance
          with the laws of the State of Delaware.

                    (g)  Severability.  If any provision of the Plan or any
          Award is  or becomes  or is  deemed to  be invalid,  illegal,  or
          unenforceable in any jurisdiction or as  to any Person or  Award,
          or would disqualify the  Plan or any Award  under any law  deemed
          applicable by the Committee, such provision shall be construed or
          deemed amended to conform to applicable laws, or if it cannot  be
          construed or deemed amended without, in the determination of  the
          Committee, materially  altering the  intent of  the Plan  or  the
          Award, such provision shall be stricken as to such  jurisdiction,
          Person or Award and the remainder of the Plan and any such  Award
          shall remain in full force and effect.

                    (h)  No Trust  or Fund Created.  Neither the Plan  nor
          any Award  shall create  or be  construed to  create a  trust  or
          separate fund of any kind or a fiduciary relationship between the
          Company and a  Participant or any  other Person.   To the  extent
          that any Person  acquires a right  to receive  payments from  the
          Company pursuant to an Award, such right shall be no greater than
          the right of any unsecured general creditor of the Company.

                    (i)  No Fractional Shares.  No fractional Shares  shall
          be issued or delivered pursuant to the Plan or any Award, and the
          Committee shall determine,  in accordance with  the terms of  the
          Plan, as  applicable, whether  cash,  other securities  or  other
          property shall be paid or transferred  in lieu of any  fractional
          Shares or whether  such fractional Shares  or any rights  thereto
          shall be canceled, terminated, or otherwise eliminated.

                    (j)  Headings.  Headings  are given to the  subsections
          of the Plan  solely as a  convenience to  facilitate reference.  
          Such headings shall not be deemed in any way material or relevant
          to  the  construction  or  interpretation  of  the  Plan  or  any
          provision thereof.


                                     SECTION 11

                    Effective  Date  of  the  Plan.   The  Plan  shall  be
          effective as of the  date of its approval  by the stockholder  of
          the Company.


                                     SECTION 12

                    Term of the Plan.  Subject to paragraph 5(b), no  Award
          shall be granted under the Plan except the Awards provided for in
          Sections 6, 7  and 8.   Awards granted  hereunder shall  continue
          until their respective expiration dates, and the authority of the
          Committee  to  administer,   interpret,  amend,  alter,   adjust,
          suspend,  discontinue,  or  terminate,  in  accordance  with  the
          provisions of the Plan, any such Award or to waive any conditions
          or rights under any such Award shall extend until the latest such
          date