Common use of Adjustment in Option Shares Clause in Contracts

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall be made to the total number of Option Shares subject to this option and the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (xG TECHNOLOGY, INC.), Restricted Stock Award Agreement (NXT-Id, Inc.), Restricted Stock Award Agreement (NXT-Id, Inc.)

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Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock by reason of If any stock split, stock dividend, recapitalization, combination of shares, exchange of shares, shares or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, then appropriate adjustments shall be made to (a) the total number and/or class of Option Shares securities subject to this option and (b) the Option Exercise Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 3 contracts

Samples: Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock issuable under the Plan by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of considerationconsideration (as set forth in the Plan), then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price option price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Dynamic Associates Inc), Non Statutory Stock Option Agreement (Dynamic Associates Inc)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock issuable pursuant to this Agreement by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Option Agreement (Digirad Corp)

Adjustment in Option Shares. (a) A. In the event any change is made to the Company’s outstanding Common Stock issuable under the Plan by reason of any stock split, stock dividend, combination of shares, exchange of shares, shares or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall automatically be made to the total number and/or class of Option Shares securities subject to this option and the Option Price payable per share in order to reflect such change transaction and thereby preclude a the dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Automatic Option Grant (Matrix Pharmaceutical Inc/De)

Adjustment in Option Shares. (a) In the event If any change is made to the Company’s outstanding Common Stock by reason of any a stock split, stock dividend, recapitalization, combination of shares, exchange of shares, shares or other change affecting the outstanding Common Stock as a class without Radiologix’s receipt of consideration, then appropriate adjustments shall be made to (i) the total number and/or class of Option Shares securities subject to this option and (ii) the Option Price payable per share in order Exercise Price, to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Option Agreement (Radiologix Inc)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution diminution or enlargement of benefits hereunderthereunder.

Appears in 1 contract

Samples: Personal Computer (Personal Computer Products Inc)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock of the Company issuable under this Agreement by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change changes affecting the outstanding Common Stock as a class without receipt of consideration, consideration then appropriate adjustments shall will be made to (i) the total number of Option Shares subject to this option unexercised Options and (ii) the Option Price payable per share Price, in order to reflect such change and thereby preclude precluded a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Option Agreement (Genomed Inc)

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Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock issuable upon exercise of Optioned Shares under this Agreement by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Corporation Stock Option Agreement (HNC Software Inc/De)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s 's outstanding Common Stock by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall be made to the total number of Option Shares subject to this option and the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Option Agreement (Internap Network Services Corp/Wa)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s Corporation's outstanding Common Stock by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall be made to (i) the total number of Option Shares subject to this option option, and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nanogen Inc)

Adjustment in Option Shares. (a) In the THE event any change is made to the Company’s outstanding Common Stock issuable under the Plan by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the THE outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Agreement (Laser Power Corp/Fa)

Adjustment in Option Shares. (a) In the event any change is made to the Company’s outstanding Common Stock issuable under the Plan by reason of any stock split, stock dividend, combination of shares, exchange of shares, or other change affecting the outstanding Common Stock as a class without receipt of consideration, then appropriate adjustments shall will be made to (i) the total number of Option Optioned Shares subject to this option and (ii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Samples: Stock Option Agreement (Laser Power Corp/Fa)

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