Common use of Adjustment for Recapitalization Clause in Contracts

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the Plan.

Appears in 4 contracts

Samples: Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc)

AutoNDA by SimpleDocs

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors of the Company to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 3 contracts

Samples: Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc)

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-split- up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors of the Company to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 1 contract

Samples: Stock Option Agreement (Reconditioned Systems Inc)

AutoNDA by SimpleDocs

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company Corporation or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Adflex Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.