Adjustment Upon Changes in Common Stock. (a) In the event of any change in the capitalization of the Company or other corporate change or transaction involving the Company or its securities, the Committee shall make equitable adjustments in the number and class of shares subject to the Options outstanding on the date on which such change occurs and in the exercise price of any such Options.
Appears in 8 contracts
Samples: Incentive Stock Option Grant Agreement (Kindred Healthcare, Inc), Non Qualified (Kindred Healthcare, Inc), Incentive Stock Option Grant Agreement (Kindred Healthcare, Inc)
Adjustment Upon Changes in Common Stock. (a) In the event of any change in the capitalization of the Company or other corporate change or transaction involving the Company or its securities, the Committee shall make equitable adjustments in the number and class of shares subject to the Options Award outstanding on the date on which such change occurs and in the exercise price of any such Optionsoccurs.
Appears in 5 contracts
Samples: Employment Agreement (Kindred Healthcare, Inc), Restricted Share Award Agreement (Kindred Healthcare, Inc), Restricted Share Award Agreement (Kindred Healthcare, Inc)
Adjustment Upon Changes in Common Stock. (a) In the event of any change in the capitalization of the Company or other corporate change or transaction involving the Company or its securities, the Committee shall shall, to the extent it deems appropriate, make equitable adjustments in the number and class of shares subject to the Options Award outstanding on the date on which such change occurs and in the exercise price of any such Optionsoccurs.
Appears in 2 contracts
Samples: Restricted Share Award Agreement (Kindred Healthcare, Inc), Restricted Share Award Agreement (Kindred Healthcare, Inc)
