Adjustment upon Changes in Capitalization or Merger. The number of Shares covered by this Option shall be adjusted in accordance with the provisions of Section 16 of the Plan in the event of changes in the capitalization or organization of the Company, or if the Company is a party to a merger or other corporate reorganization.
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Samples: Incentive Stock Option Grant and Agreement (Issuer Direct Corp), Option Grant and Agreement (Tapinator, Inc.), Non Statutory Stock Option Grant and Agreement (chatAND, Inc.)
Adjustment upon Changes in Capitalization or Merger. The number of Shares covered by this Option shall be adjusted in accordance with the provisions of Section 16 4(b) of the Plan in the event of changes in the capitalization or organization of the Company, or if the Company is a party to a merger or other corporate reorganization.
Appears in 2 contracts
Samples: Non Statutory Stock Option Agreement (Efj Inc), Incentive Stock Option Agreement (Efj Inc)
Adjustment upon Changes in Capitalization or Merger. The number of Shares covered by this Option shall be adjusted in accordance with the provisions of Section 16 11 of the Plan in the event of changes in the capitalization or organization of the Company, or if the Company is a party to a merger or other corporate reorganization.
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