Adjustment for Reorganisation Sample Clauses

Adjustment for Reorganisation. ‌ If, at any time, the issued capital of the Company is reorganised (including consolidation, subdivision, reduction or return), all rights of a Participant are to be changed in a manner consistent with the Corporations Act and the ASX Listing Rules at the time of the reorganisation.
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Adjustment for Reorganisation. In the event of any reorganisation (including consolidation, subdivision, reduction or return) of the issued capital of the Company, the number of Achievement Rights to which each Participant is entitled, or any amount payable on vesting of the Achievement Rights, or both as appropriate, will be adjusted in the manner determined by the Board to ensure that no advantage or disadvantage accrues to the Participant as a result of such corporate actions.

Related to Adjustment for Reorganisation

  • Consolidation The Employer may consolidate grievances arising out of the same set of facts.

  • Liquidation The approval by the shareholders of the Company of a complete liquidation of the Company or an agreement or series of agreements for the sale or disposition by the Company of all or substantially all of the Company’s assets, other than factoring the Company’s current receivables or escrows due (or, if such approval is not required, the decision by the Board to proceed with such a liquidation, sale, or disposition in one transaction or a series of related transactions); or

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