Common use of Adjustment in Option Shares Clause in Contracts

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange of shares, reorganization, merger, consolidation, split-up, spin-off, or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, appropriate adjustments shall be made to (a) the total number and/or class of securities subject to this option and (b) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange of shares, reorganization, merger, consolidation, split-up, spin-off, shares or other change affecting the outstanding Common Stock as a class without the Company’s Corporation's receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option the Option and (bii) except with respect to the effectiveness of the Recapitalization or Modified Recapitalization, the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange of shares, reorganizationspin-off transaction, merger, reorganization, consolidation, split-up, spin-offreclassification or change in par value, or any other change unusual or infrequently occurring event affecting the outstanding Common Stock as a class without the CompanyCorporation’s receipt of consideration, appropriate then equitable adjustments shall be made by the Plan Administrator to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Price Price, in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange of shares, reorganization, merger, consolidation, split-up, spin-offcombination, or other exchange of shares, or rights offering to purchase Common Stock at a price substantially below Market Value, or of any similar change affecting the outstanding Common Stock as a class without the Company’s receipt of considerationStock, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option option, and (bii) the Exercise Price Price, in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange of shares, reorganization, merger, consolidation, split-up, spin-off, shares or other change affecting the outstanding Common Stock as a class without the CompanyCorporation’s receipt of considerationconsideration or any spin-off of one or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stock, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock splitmerger, reverse reorganization, consolidation, stock split, stock dividend, recapitalization, separation, split-up, combination of shares, exchange of shares, reorganization, merger, consolidation, split-up, spin-off, shares or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, appropriate adjustments in accordance with Code Sections 409A and 422 shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any stock split, reverse stock split, stock dividend, recapitalization, combination of shares, exchange reclassification of shares, reorganization, merger, consolidation, split-up, spin-off, exchange of shares or other change affecting the outstanding Common Stock or Class A Common Stock as a class without the CompanyCorporation’s receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.