Common use of Adjustment of the Option Clause in Contracts

Adjustment of the Option. In the event of any change in the capital ------------------------ structure of the Corporation through consolidation, stock dividend, split-up or other change, appropriate proportionate adjustment shall be made in the number and purchase price of the shares which may be purchased by the exercise of the Option.

Appears in 5 contracts

Samples: Stock Option Agreement (Horizon Organic Holding Corp), Stock Option Agreement (Horizon Organic Holding Corp), Stock Option Agreement (Horizon Organic Holding Corp)

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Adjustment of the Option. In the event of any change in the capital ------------------------ structure of the Corporation through consolidation, stock dividend, split-up or other change, appropriate proportionate adjustment shall be made in the number and purchase price of the shares which may be purchased by the exercise of the Optionoption.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Horizon Organic Holding Corp), Incentive Stock Option Agreement (Horizon Organic Holding Corp), Non Qualified Stock Option Agreement (Horizon Organic Holding Corp)

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