Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.
Adjustment in Option. If prior to the complete exercise of this Option, there shall be a change in the outstanding Common Stock by reason of one or more stock splits, stock dividends, combinations or exchanges of shares, recapitalizations or similar capital adjustments, then the number, kind and option price of the shares remaining subject to this Option shall be equitably adjusted in accordance with the terms of the Plan, so that the proportionate interest in the Corporation represented by the shares then subject to the Option shall be the same as before the occurrence of such event.
Adjustment in Option. The number of Shares subject to this Option, the -------------------- Exercise Price and other matters are subject to adjustment during the term of this Option as appropriate for stock splits, stock dividends, and similar events.
Adjustment in Option. This Option is subject to adjustment as provided under Section 4.2 of the Plan.
Adjustment in Option. The number of Shares subject to this Option, the Exercise Price, and other matters are subject to adjustment during the term of this Option in accordance with Sections 3, 4, 6, 9, 10, 11 and 14 of the Plan. In the event of a Change of Control, (i) this Option will automatically vest in full and (ii) any performance conditions imposed with respect to this Option shall be deemed to be fully achieved immediately prior to the consummation of the Change of Control.
Adjustment in Option. Subject to Section 2.5, in the event the outstanding shares of Common Stock subject to the Option are, from time to time, changed into or exchanged for a different number or kind of shares of the Company or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock dividend, combination of shares, or otherwise the Company shall make an appropriate and equitable adjustment in the number and kind of shares or other consideration as to which the Option, or portions thereof then unexercised, shall be exercisable. Any such adjustment made by the Company shall be final and binding.
Adjustment in Option. In the event of a change in capitalization of the Company, the Company may make appropriate adjustments to the number and class of Shares or other securities subject to the Option and the purchase price for such Shares or other securities. The Company’s adjustment shall be final, binding and conclusive for all purposes this Agreement.
Adjustment in Option. If, between the Date of Grant of this Option and prior to the complete exercise thereof, there shall be a change in the outstanding Common Stock by reason of one or more stock splits, stock dividends, combinations or exchanges of shares, recapitalizations or similar capital adjustments, then the number, kind and option price of the shares remaining subject to this Option shall be equitably adjusted so that the proportionate interest in the Corporation represented by the shares then subject to the Option shall be the same as before the occurrence of such event. In the event of the occurrence of any of the transactions identified in Section 5.2 of the EMS Technologies, Inc. 1997 Stock Incentive Plan, this Option shall be subject to the provisions of such Section 5.2, as if issued under that Plan, except that powers specified in such Section 5.2 to be exercised by the "Committee" shall be exercised as to this Option by the Board.
Adjustment in Option. In the event that the outstanding shares of the stock subject to the Option are changed into or exchanged for a different number or kind of shares of the Company or other securities of the Company by reason of merger, consolidation, recapitalization, reclassification, stock split up, stock dividend or combination of shares, the Administrator shall make an appropriate and equitable adjustment in the number and kind of shares as to which the Option, or portions thereof then unexercised, shall be exercisable, to the end that after such event the Employee's proportionate interest shall be maintained as before the occurrence of such event. Such adjustment in the Option shall be made without change in the total price applicable to the unexercised portion of the Option (except for any change in the aggregate price resulting from rounding-off of share quantities or prices) and with any necessary corresponding adjustment in the Option price per share; provided, however, that each such adjustment shall be made in such manner as not to constitute a "modification" within the meaning of Section 424(h)(3) of the Code. Any such adjustment made by the Administrator shall be final and binding upon the Employee, the Company and all other interested persons.
Adjustment in Option. If, between the Date of Grant of the Option and the complete exercise thereof, there shall be a change in the outstanding Stock by reason of one or more corporate reorganizations, stock splits, stock dividends, combinations or exchanges of shares, recapitalizations or similar capital adjustments, then the Committee will, in accordance with the terms of the Plan, equitably adjust the number, kind and Option Price of the shares remaining subject to the Option. Such adjustments shall be made in a manner that will not cause any Incentive Stock Option to cease to be an Incentive Stock Option.
