Document:

Exhibit 10(c) xxvi

AMERICAN
SCIENCE AND ENGINEERING, INC.

2005 Equity and Incentive Plan

Incentive Stock Option
Grant Agreement

American Science and
Engineering, Inc. (the “Company”), a Massachusetts corporation,
hereby grants to the person named below an option to purchase shares of Common
Stock, $0.66 2/3 par value, of the Company (the “Option”) under and
subject to the Company’s 2005 Equity and Incentive Plan (the “Plan”)
exercisable on the terms and conditions set forth below and those attached
hereto and in the Plan:

DEFINITIONS

	
  Grant Date

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Optionee

  	
   

  	
  «First_Name» «Last_Name»

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Options Granted

  	
   

  	
  «Total Option Grant»

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Exercise Price

  	
   

  	
  $

  	
   

  	
  per share

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Vesting Schedule

  	
   

  	
  Vesting Date

  	
   

  	
  Options Vesting

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  First Anniversary of Grant Date

  	
   

  	
   

  	
  «Vest 1»

  
	
   

  	
   

  	
  Second Anniversary of Grant Date

  	
   

  	
   

  	
  «Vest 2»

  
	
   

  	
   

  	
  Third Anniversary of Grant Date

  	
   

  	
   

  	
  «Vest 3»

  
	
   

  	
   

  	
   

  	
   

  	
   

  

This Option shall
be treated as an Incentive Stock Option under section 422 of the Internal
Revenue Code.

By acceptance of
this Option, the Participant agrees to the terms and conditions set forth above
and those attached hereto and in the Plan.

	
  PARTICIPANT

  	
   

  	
  AMERICAN SCIENCE AND ENGINEERING, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By: 

  	
   

  	
   

  	
  By: 

  	
   

  
					

 

   
 
  
 

 

AMERICAN
SCIENCE AND ENGINEERING, INC. 2005 EQUITY AND INCENTIVE PLAN

Incentive
Stock Option Terms And Conditions

1.           Plan Incorporated by Reference.
This Option is issued pursuant to the terms of the Plan. This Grant Agreement
does not set forth all of the terms and conditions of the Plan, which are
incorporated herein by reference. Capitalized terms used and not otherwise
defined in this Grant Agreement have the meanings given to them in the Plan. The
Committee administers the Plan and its determinations regarding the operation
of the Plan are final and binding. A copy of the Plan may be obtained upon
written request without charge from the Human Resources Department of the
Company.

2.           Option Price. The price to be
paid for each share of Common Stock issued upon exercise of the whole or any
part of this Option is the Option Price set forth on the face of this Grant
Agreement.

3.           Exercisability and Vesting
Schedule. As long as the Participant remains continuously employed by the
Company or an Affiliate, this Option will vest and may be exercised (in whole
or in part) in accordance with the Exercisability and Vesting Schedule set
forth on the face of this Grant Agreement, but only for the purchase of whole
shares. This Option may not be exercised as to any shares after the Expiration
Date.

4.           Effect of Termination of
Employment. If the Participant’s status as an employee of the Company or an
Affiliate is terminated for any reason (voluntary or involuntary), this Option
shall not thereafter become vested or exercisable as to any additional shares,
and the already vested portion of this Option shall remain exercisable (to the
extent not previously exercised) for ninety (90) days after the day on which
the Participant’s employment is terminated, whereupon this Option shall
terminate; except  that

(a)                                  If
the Participant is on military leave, sick leave, or other leave of absence
approved by the Company or the Affiliate, his or her employment with the
Company or the Affiliate will be treated as continuing intact if the period of
such leave does not exceed ninety (90) days, or, if longer, so long as the
Participant’s right to reemployment with the Company or the Affiliate is
guaranteed either by statute or by contract; otherwise, the Participant’s
employment will be deemed to have terminated on the 91st day of such leave.

(b)                                 If
the Participant’s employment is terminated by reason of his or her death, this
Option shall become fully exercisable and vested without regard to the
Exercisability and Vesting Schedule. In such event, this Option may be
exercised at any time within twelve (12) months after the date of the
Participant’s death by the person(s) to whom the Participant’s option
rights pass by will or by the applicable laws of descent and distribution.

(c)                                  If
the Participant’s employment is terminated by the Company or the Affiliate for “cause,”
this Option, to the extent vested and exercisable upon such termination of
employment, may be exercised by the Participant only through the close of
regular business hours on the date of termination. Unless otherwise defined in
any written employment agreement between the Company or the Affiliate and the
Participant, cause shall be determined by the Committee in its discretion.

In no event, however, may
this Option be exercised after the Expiration Date set forth on the face of
this Grant Agreement.

5.           Method of Exercise. To
exercise this Option, the Participant shall deliver notice of exercise to the
Company specifying the number of shares with respect to which the Option is
being exercised accompanied by payment of the Option Price for such shares (i) by
cash, (ii) by actual delivery or attestation of ownership of shares of
Common Stock owned by the Participant, including vested Restricted Stock, (iii) by
retaining shares of Common Stock otherwise issuable pursuant to the Option, (iv) for
consideration received by the Company under a broker-assisted cashless exercise
program acceptable to the Company, or (v) for such other lawful
consideration as the Committee may determine. Such exercise notice must be
given at the time and in the manner as specified by the Committee from time to
time. Upon payment of the exercise price and applicable taxes, and assuming
satisfaction of all applicable securities laws and exchange listing
requirements, the Company shall delivery, or make available to the Participant
through the Plan’s designated broker, the net shares or cash proceeds (as the
case may be) resulting from the Option exercise.

6.           Change of Control. To preserve
the Participant’s rights under this Option in the event of a Change in Control
of the Company (as defined below) occurring while the Participant is employed
by the Company or an Affiliate, the Committee shall fully accelerate the
vesting of this Option and may in its discretion take one or more of the
following actions: (i) provide for 

   
 
  
 

 

payment to the
Participant of cash or other property with a Fair Market Value equal to the
amount that would have been received upon the exercise or payment of the Option
had the Option been exercised or paid upon the Change in Control of the
Company, (ii) adjust the terms of the Option in a manner determined by the
Committee to reflect the Change in Control of the Company, (iii) cause the
Option to be assumed, or new rights substituted therefor, by another entity, or
(iv) make such other provision as the Committee may consider equitable to
the Participant and in the best interests of the Company. For purposes of this
Section, a “Change in Control of the Company” shall mean:  (i) the consummation of (a) any
consolidation or merger of the Company in which the Company is not the
continuing or surviving entity or pursuant to which the Company’s Common Stock
is converted into cash, securities, or other property, other than a merger of
the Company in which the ownership by the Company’s stockholders of the
securities in the surviving entity is at least two-thirds of the combined
voting power; or (b) any sale, lease, exchange, or other transfer (in one
transaction or a series of related transactions) of all or substantially all of
the assets of the Company; (ii) the stockholders of the Company have
approved any plan or proposal for the liquidation or dissolution of the
Company; (iii) any person (as that term is used in Sections 13(d) and
14(d)(2) of the Exchange Act) has become the beneficial owner (within the
meaning of Rule 13d-3 promulgated under the Exchange Act) of 20% or
more of the Company’s outstanding Common Stock; or (iv) that during any
period of two consecutive years, individuals who, at the beginning of such
period, constitute the entire Board of Directors of the Company shall cease,
for any reason, to constitute a majority thereof, unless the election, or the
nomination for election by the Company’s stockholders, of each new director was
approved by a vote of at least three-quarters of the directors then still in
office who were directors at the beginning of the period.

7.           Option Not Transferable. This
Option is not transferable by the Participant other than by will or the laws of
descent and distribution, and is exercisable, during the Participant’s
lifetime, only by the Participant. The naming of a Designated Beneficiary does
not constitute a transfer. The Committee may, in its sole discretion, allow the
Participant to transfer this Option under a domestic relations order in
settlement of marital or domestic property rights.

8.           Payment of Taxes. The
Participant shall pay to the Company, or make provision satisfactory to the
Committee for payment of, any taxes required by law to be withheld with respect
to the exercise of the Option no later than the date of the event creating the
tax liability. The Company and its Affiliates may, to the extent permitted by
law, deduct any such tax obligations from any payment of any kind due to the
Participant. In the Committee’s discretion, the minimum tax obligations
required by law to be withheld with respect to the exercise of the Option may
be paid in whole or in part in shares of Common Stock, including shares
retained from the exercise of the Option, valued at their Fair Market Value on
the date of retention.

9.           No Right To Employment. No
person shall have any claim or right to be granted an Option. Neither the Plan
nor this Option shall be deemed to give any Participant the right to continued
employment or to limit the right of the Company or an Affiliate to discharge
any Participant at any time.

10.         Amendment of Option. The
Committee may amend, modify, or terminate this Option, including substituting
therefore another option of the same or a different type, changing the date of
exercise or realization and converting an incentive stock option to a
nonstatutory stock option, provided that the Participant’s consent to such
action shall be required unless (i) the Committee determines that the
action, taking into account any related action, would not materially and
adversely affect the Participant, or (ii) the action is permitted by the
terms of the Plan.

11.         Data Privacy and Electronic Delivery.
By executing this Grant Agreement, the Participant: (i) authorizes the
Company, its Affiliates, and any agent of the Company or its Affiliates
administering the Plan or providing Plan recordkeeping services, to disclose to
the Company, its Affiliates or third-party service providers such information
and data as may be deemed necessary or appropriate to facilitate the grant of
Options and the administration of the Plan; (ii) waives any data privacy
rights he or she may have with respect to such information; and (iii) authorizes
the Company, its Affiliates, and third-party service providers to store and
transmit such information in electronic form. The Participant agrees that the
Company, its Affiliates, and their agents may deliver electronically all
documents relating to the Plan or this Option (including, without limitation,
prospectuses required by the Securities and Exchange Commission) and all other
documents that the Company is required to deliver to its stockholders.

12.         Cancellation and Rescission of
Option. In consideration of this Option the Participant agrees that if
Participant breaches Participant’s obligations under the terms of the American
Science & Engineering Employee Representation, Rights in Data, and
Non-Compete Agreement, then the Company may cancel, suspend, withhold, or otherwise
limit or restrict (in whole or in part) the exercise of this Option. If this
Option has been exercised prior to the occurrence or discovery by the Company
of any such breach, then the Committee may rescind the exercise of this Option
at any time within the two (2) year period after such exercise. In the
event of any rescission, the Participant shall pay to the Company the amount of
income recognized upon exercise of the Option or any disqualifying disposition
of the Option shares, and any additional gain realized upon any sale of Option
shares in such manner and on such terms and conditions as may be required by
the Committee, and the Company shall be entitled to set-off the amount of any
such income or gain against any amount that may be owed to the Participant.

   
 
  
 

 

13.         Impact of Restatement of Financial
Statements Upon Option. If any of the Company’s financial statements are
required to be restated as a result of errors, omissions, or fraud, the
Committee may (in its sole discretion, but acting in good faith) direct that
the Company recover all or a portion of the amount of income recognized upon
the exercise of this Option or the disqualifying disposition of the Option
shares, and any additional gain realized upon any sale of the Option shares,
with respect to any fiscal year of the Company the financial results of which
are negatively affected by such restatement. The amount to be recovered from
the Participant shall be the amount by which the Option income at exercise or
disqualifying disposition of the Option shares, and any gain upon sale of the
Option shares of the affected award, exceed the amount that would have been
payable to the Participant had the financial statements been initially filed as
restated, or any greater or lesser amount that the Committee shall determine.
The Committee may determine to recover different amounts from different
participants or different classes of participants on such bases as it shall
deem appropriate. In no event shall the amount to be recovered by the Company
be less than the amount required to be repaid or recovered as a matter of law.
The Committee shall determine whether the Company shall effect any such
recovery (i) by seeking repayment from the Participant, (ii) by
reducing (subject to applicable law and the terms and conditions of the
applicable plan, program, or arrangement) the amount that would otherwise be
payable to the Participant under any compensatory plan, program, or arrangement
maintained by the Company or any of its Affiliates, (iii) by withholding
payment of future increases in compensation (including the payment of any
discretionary bonus amount) or grants of compensatory awards that would
otherwise have been made in accordance with the Company’s otherwise applicable
compensation practices, or (iv) by any combination of the forgoing.Exhibit 10(c) xxvii

AMERICAN
SCIENCE AND ENGINEERING, INC.

2005 Equity and Incentive Plan

Nonstatutory Stock Option
Grant Agreement

American Science and
Engineering, Inc. (the “Company”), a Massachusetts corporation,
hereby grants to the person named below an option to purchase shares of Common
Stock, $0.66 2/3 par value, of the Company (the “Option”) under and
subject to the Company’s 2005 Equity and Incentive Plan (the “Plan”)
exercisable on the terms and conditions set forth below and those attached hereto
and in the Plan:

DEFINITIONS

	
  Grant Date

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Optionee

  	
   

  	
  «First_Name» «Last_Name»

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Options Granted

  	
   

  	
  «Total Option Grant»

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Exercise Price

  	
   

  	
  $

  	
   

  	
  per share

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Vesting Schedule

  	
   

  	
  Vesting Date

  	
   

  	
  Options Vesting

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  First Anniversary of Grant Date

  	
   

  	
  «Vest 1»

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Second Anniversary of Grant Date

  	
   

  	
  «Vest 2»

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Third Anniversary of Grant Date

  	
   

  	
  «Vest 3»

  
	
   

  	
   

  	
   

  	
   

  	
   

  

This Option shall
not be treated as an Incentive Stock Option under section 422 of the Internal
Revenue Code.

By acceptance of this
Option, the Participant agrees to the terms and conditions set forth above and
those attached hereto and in the Plan.

	
  PARTICIPANT

  	
   

  	
  AMERICAN SCIENCE AND ENGINEERING, INC.

  
	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
							

   
 
  
 

 

 

AMERICAN
SCIENCE AND ENGINEERING, INC. 2005 EQUITY AND INCENTIVE PLAN

Nonstatutory
Stock Option Terms And Conditions

1.           Plan Incorporated by Reference.
This Option is issued pursuant to the terms of the Plan. This Grant Agreement
does not set forth all of the terms and conditions of the Plan, which are
incorporated herein by reference. Capitalized terms used and not otherwise
defined in this Grant Agreement have the meanings given to them in the Plan. The
Committee administers the Plan and its determinations regarding the operation
of the Plan are final and binding. A copy of the Plan may be obtained upon
written request without charge from the Human Resources Department of the
Company.

2.           Option Price. The price to be
paid for each share of Common Stock issued upon exercise of the whole or any
part of this Option is the Option Price set forth on the face of this Grant
Agreement.

3.           Exercisability and Vesting
Schedule. As long as the Participant remains continuously employed by the
Company or an Affiliate, this Option will vest and may be exercised (in whole
or in part) in accordance with the Exercisability and Vesting Schedule set
forth on the face of this Grant Agreement, but only for the purchase of whole shares.
This Option may not be exercised as to any shares after the Expiration Date.

4.           Effect of Termination of
Employment. If the Participant’s status as an employee of the Company or an
Affiliate is terminated for any reason (voluntary or involuntary), this Option
shall not thereafter become vested or exercisable as to any additional shares,
and the already vested portion of this Option shall remain exercisable (to the
extent not previously exercised) for ninety (90) days after the day on which
the Participant’s employment is terminated, whereupon this Option shall
terminate; except  that

(a)                                  If
the Participant is on military leave, sick leave, or other leave of absence
approved by the Company or the Affiliate, his or her employment with the
Company or the Affiliate will be treated as continuing intact during the period
of such leave. The Participant’s employment will be deemed to have terminated
on the first day after the expiration of such leave.

(b)                                 If
the Participant’s employment is terminated by reason of his or her death, this
Option shall become fully exercisable and vested without regard to the
Exercisability and Vesting Schedule. In such event, this Option may be
exercised at any time within twelve (12) months after the date of the
Participant’s death by the person(s) to whom the Participant’s option
rights pass by will or by the applicable laws of descent and distribution.

(c)                                  If
the Participant’s employment is terminated by the Company or the Affiliate for “cause,”
this Option, to the extent vested and exercisable upon such termination of
employment, may be exercised by the Participant only through the close of
regular business hours on the date of termination. Unless otherwise defined in
any written employment agreement between the Company or the Affiliate and the
Participant, cause shall be determined by the Committee in its discretion.

In no event,
however, may this Option be exercised after the Expiration Date set forth on
the face of this Grant Agreement.

5.           Method of Exercise. To
exercise this Option, the Participant shall deliver notice of exercise to the
Company specifying the number of shares with respect to which the Option is
being exercised accompanied by payment of the Option Price for such shares (i) by
cash, (ii) by actual delivery or attestation of ownership of shares of
Common Stock owned by the Participant, including vested Restricted Stock, (iii) by
retaining shares of Common Stock otherwise issuable pursuant to the Option, (iv) for
consideration received by the Company under a broker-assisted cashless exercise
program acceptable to the Company, or (v) for such other lawful
consideration as the Committee may determine. Such exercise notice must be
given at the time and in the manner as specified by the Committee from time to
time. Upon payment of the exercise price and applicable taxes, and assuming
satisfaction of all applicable securities laws and exchange listing
requirements, the Company shall delivery, or make available to the Participant
through the Plan’s designated broker, the net shares or cash proceeds (as the
case may be) resulting from the Option exercise.

6.           Change of Control. To preserve
the Participant’s rights under this Option in the event of a Change in Control
of the Company (as defined below) occurring while the Participant is employed
by the Company or an Affiliate, the Committee shall fully accelerate the
vesting of this Option and may in its discretion take one or more of the
following actions: (i) provide for payment to the Participant of cash or
other property with a Fair Market Value equal to the amount that would have
been received upon the exercise or payment of the Option had the Option been
exercised or paid upon the Change in Control of the Company, (ii)

   
 
  
 

 

 

adjust the terms
of the Option in a manner determined by the Committee to reflect the Change in
Control of the Company, (iii) cause the Option to be assumed, or new
rights substituted therefore, by another entity, or (iv) make such other
provision as the Committee may consider equitable to the Participant and in the
best interests of the Company. For purposes of this Section, a “Change in
Control of the Company” shall mean:  (i) the
consummation of (a) any consolidation or merger of the Company in which
the Company is not the continuing or surviving entity or pursuant to which the
Company’s Common Stock is converted into cash, securities, or other property,
other than a merger of the Company in which the ownership by the Company’s
stockholders of the securities in the surviving entity is at least two-thirds
of the combined voting power; or (b) any sale, lease, exchange, or other
transfer (in one transaction or a series of related transactions) of all or
substantially all of the assets of the Company; (ii) the stockholders of
the Company have approved any plan or proposal for the liquidation or
dissolution of the Company; (iii) any person (as that term is used in
Sections 13(d) and 14(d)(2) of the Exchange Act) has become the
beneficial owner (within the meaning of Rule 13d-3 promulgated under
the Exchange Act) of 20% or more of the Company’s outstanding Common Stock; or (iv) that
during any period of two consecutive years, individuals who, at the beginning
of such period, constitute the entire Board of Directors of the Company shall
cease, for any reason, to constitute a majority thereof, unless the election,
or the nomination for election by the Company’s stockholders, of each new
director was approved by a vote of at least three-quarters of the directors
then still in office who were directors at the beginning of the period.

7.           Option Not Transferable. This
Option is not transferable by the Participant other than by will or the laws of
descent and distribution, and is exercisable, during the Participant’s
lifetime, only by the Participant. The naming of a Designated Beneficiary does
not constitute a transfer. The Committee may, in its sole discretion, allow the
Participant to transfer this Option under a domestic relations order in
settlement of marital or domestic property rights.

8.           Payment of Taxes. The
Participant shall pay to the Company, or make provision satisfactory to the
Committee for payment of, any taxes required by law to be withheld with respect
to the exercise of the Option no later than the date of the event creating the
tax liability. The Company and its Affiliates may, to the extent permitted by
law, deduct any such tax obligations from any payment of any kind due to the
Participant. In the Committee’s discretion, the minimum tax obligations
required by law to be withheld with respect to the exercise of the Option may
be paid in whole or in part in shares of Common Stock, including shares
retained from the exercise of the Option, valued at their Fair Market Value on
the date of retention.

9.           No Right To Employment. No
person shall have any claim or right to be granted an Option. Neither the Plan
nor this Option shall be deemed to give any Participant the right to continued
employment or to limit the right of the Company or an Affiliate to discharge
any Participant at any time.

10.         Amendment of Option. The
Committee may amend, modify, or terminate this Option, including substituting
therefore another option of the same or a different type, changing the date of
exercise or realization and converting an incentive stock option to a
nonstatutory stock option, provided that the Participant’s consent to such
action shall be required unless (i) the Committee determines that the
action, taking into account any related action, would not materially and
adversely affect the Participant, or (ii) the action is permitted by the
terms of the Plan.

11.         Data Privacy and Electronic Delivery.
By executing this Grant Agreement, the Participant: (i) authorizes the
Company, its Affiliates, and any agent of the Company or its Affiliates
administering the Plan or providing Plan recordkeeping services, to disclose to
the Company, its Affiliates or third-party service providers such information
and data as may be deemed necessary or appropriate to facilitate the grant of
Options and the administration of the Plan; (ii) waives any data privacy
rights he or she may have with respect to such information; and (iii) authorizes
the Company, its Affiliates, and third-party service providers to store and
transmit such information in electronic form. The Participant agrees that the
Company, its Affiliates, and their agents may deliver electronically all
documents relating to the Plan or this Option (including, without limitation,
prospectuses required by the Securities and Exchange Commission) and all other
documents that the Company is required to deliver to its stockholders.

12.         Cancellation and Rescission of
Option. In consideration of this Option the Participant agrees that if
Participant breaches Participant’s obligations under the terms of the American
Science & Engineering Employee Representation, Rights in Data, and
Non-Compete Agreement, then the Company may cancel, suspend, withhold, or
otherwise limit or restrict (in whole or in part) the exercise of this Option. If
this Option has been exercised prior to the occurrence or discovery by the
Company of any such breach, then the Committee may rescind the exercise of this
Option at any time within the two (2) year period after such exercise. In
the event of any rescission, the Participant shall pay to the Company the
amount of income recognized upon exercise of the Option and any additional gain
realized upon any sale of Option shares in such manner and on such terms and
conditions as may be required by the Committee, and the Company shall be
entitled to set-off the amount of any such income or gain against any amount
that may be owed to the Participant.

   
 
  
 

 

 

13.         Impact of Restatement of Financial
Statements Upon Option. If any of the Company’s financial statements are
required to be restated as a result of errors, omissions, or fraud, the Committee
may (in its sole discretion, but acting in good faith) direct that the Company
recover all or a portion of the amount of income recognized upon the exercise
of this Option and any additional gain realized upon any sale of the Option
shares with respect to any fiscal year of the Company the financial results of
which are negatively affected by such restatement. The amount to be recovered
from the Participant shall be the amount by which the Option income at
exercise, and any gain upon sale of the Option shares of the affected award,
exceed the amount that would have been payable to the Participant had the
financial statements been initially filed as restated, or any greater or lesser
amount that the Committee shall determine. The Committee may determine to
recover different amounts from different participants or different classes of
participants on such bases as it shall deem appropriate. In no event shall the
amount to be recovered by the Company be less than the amount required to be
repaid or recovered as a matter of law. The Committee shall determine whether
the Company shall effect any such recovery (i) by seeking repayment from
the Participant, (ii) by reducing (subject to applicable law and the terms
and conditions of the applicable plan, program, or arrangement) the amount that
would otherwise be payable to the Participant under any compensatory plan,
program, or arrangement maintained by the Company or any of its Affiliates, (iii) by
withholding payment of future increases in compensation (including the payment
of any discretionary bonus amount) or grants of compensatory awards that would
otherwise have been made in accordance with the Company’s otherwise applicable
compensation practices, or (iv) by any combination of the forgoing.

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