Cincinnati Bell 2004 Annual Report Download - page 73
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10. Withholding.
The Company shall retain from the payment of any award granted under the Plan a sufficient amount of
cash applicable to the award to satisfy all withholding tax obligations that apply to the payment.
11. Miscellaneous.
11.1 Nothing contained in the Plan or any award granted under the Plan shall confer on any Participant
any right to be continued in the employment of the Company or any Subsidiary of the Company or interfere
in any way with the right of the Company or any Subsidiary to terminate the Participant’s employment at any
time and in the same manner as though the Plan and any awards granted under the Plan were not in effect.
11.2 All payments required to be made under awards granted under the Plan shall be made by the
Company out of its general assets. In this regard, the Plan shall not be funded, and the Company shall not be
required to segregate any assets to reflect any awards granted under the Plan. Any liability of the Company to
any person with respect to any award granted under the Plan shall be based solely upon the contractual
obligations that apply to such award, and no such liability shall be deemed to be secured by any pledge of or
other lien or encumbrance on any property of the Company.
11.3 Any payments or other benefits provided to a Participant with respect to an award granted under
the Plan shall not be deemed a part of the Participant’s compensation for purposes of any termination or
severance pay plan, or any other pension, profit sharing, or other benefit plan, of the Company or any
Subsidiary of the Company unless such plan expressly or clearly indicates that the payments or other benefits
provided under an award granted under the Plan shall be considered part of the Participant’s compensation for
purposes of such plan or unless applicable law otherwise requires.
11.4 The Plan shall be subject to and construed in accordance with the laws of the State of Ohio.
B-7
Proxy Statement