Common use of Adjustment of Number of Granted Shares Clause in Contracts

Adjustment of Number of Granted Shares. (1) In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or consolidation of the Common Stock, the Number of Granted Shares shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before adjustment x Ratio of split or consolidation