Common use of Adjustment Upon Changes in Capitalization Clause in Contracts

Adjustment Upon Changes in Capitalization. In the event of any change in the number or class of shares of Stock outstanding, by reason of a stock dividend, stock split, subdivision or combination of shares, a merger or consolidation in which the Corporation is the surviving corporation, or any other change in capitalization, the number and class of Restricted Units shall be adjusted by the Compensation Committee in the same manner as stock options are adjusted under the Plan.

Appears in 13 contracts

Samples: Restricted Stock Unit Award Agreement (Intermagnetics General Corp), Restricted Stock Unit Award Agreement (Intermagnetics General Corp), Restricted Stock Unit Award Agreement (Intermagnetics General Corp)

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Adjustment Upon Changes in Capitalization. In the event of any change in the number or class of shares of Stock outstanding, the Company’s capital stock by reason of a any stock dividend, stock split, subdivision or combination merger, recapitalization, combination, conversion, exchange of shares, a merger issuance of shares (or consolidation in which agreements or commitments to issue shares) or the Corporation is the surviving corporation, or any other change in capitalizationlike, the number of Optioned Shares subject to the Option and class of Restricted Units the purchase price per Optioned Share shall be adjusted by the Compensation Committee in the same manner as stock options are adjusted under the Planappropriately and equitably adjusted.

Appears in 7 contracts

Samples: Stock Option Agreement (Norstan Inc), Stock Option Agreement (Sl Industries Inc), Stock Option Agreement (Sl Industries Inc)

Adjustment Upon Changes in Capitalization. In the event of any change in the number or class of shares of Common Stock outstanding, by reason of a stock dividend, stock split, subdivision or combination of shares, a merger or consolidation in which the Corporation is the surviving corporation, or any other change in capitalization, the Restricted Units and the number and class of shares subject to the Restricted Units shall be adjusted by the Compensation Committee as it determines to be required in the same manner as stock options are adjusted under the Planits discretion.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Cuisine Solutions Inc), Restricted Stock Unit Award Agreement (Cuisine Solutions Inc), Restricted Stock Unit Award Agreement (Cuisine Solutions Inc)

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Adjustment Upon Changes in Capitalization. In the event of any change in the number or class of shares of Stock outstanding, outstanding by reason of a stock dividend, stock split, subdivision or combination of shares, a merger or consolidation in which the Corporation Company is the surviving corporationcompany, or any other change in capitalization, the number and class of Restricted Units shall be equitably adjusted by the Compensation Committee in the same manner as stock options are adjusted under pursuant to Section 3 of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Plug Power Inc)

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