Common use of ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE Clause in Contracts

ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In the event any change is made to the Shares by reason of any dividend of shares or extraordinary cash dividend, stock split or reverse stock split, recapitalization, reorganization, merger, consolidation, split-up, combination or exchange of shares, or other change affecting the outstanding Shares as a class without the Company’s receipt of consideration, the Company shall make such appropriate adjustments to the Units as it determines are equitable and reasonably necessary or desirable to preserve the intended benefits under this Agreement.

Appears in 27 contracts

Samples: Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc), Restricted Stock Unit Agreement (United Rentals North America Inc)

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ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In the event any change is made to the Shares by reason of any dividend of shares or extraordinary cash dividend, stock split or reverse stock split, recapitalization, reorganization, merger, consolidation, split-up, combination or exchange of shares, or other change affecting the outstanding Shares as a class without the Company’s receipt of consideration, the Company shall make such appropriate adjustments to the Units Option (including the Option Shares and the Per Share Option Price) as it determines are equitable and reasonably necessary or desirable to preserve the intended benefits under this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (United Rentals Inc /De), Stock Option Agreement (United Rentals Inc /De)

ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In the event any of a change is made to in the Shares by reason capital structure of the Company as a result of any dividend of shares or extraordinary cash stock dividend, stock split or reverse stock split, recapitalization, reorganization, merger, consolidation, split-up, combination or exchange reclassification of shares, recapitalization or other change affecting the outstanding Shares as a class without the Company’s receipt of considerationconsolidation of, the Company number of shares covered by the Option shall make such appropriate adjustments be appropriately adjusted to ensure the same absolute benefit to the Units as it determines are equitable and reasonably necessary or desirable to preserve the intended benefits under this AgreementOptionee.

Appears in 2 contracts

Samples: Agreement (Gexa Corp), Agreement (Gexa Corp)

ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In the event any change is made to the Shares Stock by reason of any Stock dividend of shares or extraordinary cash dividend, stock Stock split or reverse stock Stock split, recapitalization, reorganization, merger, consolidation, split-up, combination or exchange of shares, or other change affecting the outstanding Shares Stock as a class without the Company’s receipt of consideration, the Company shall make such appropriate adjustments to the Units as it determines are equitable and reasonably necessary or desirable to preserve the intended benefits under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (United Rentals North America Inc)

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ADJUSTMENTS FOR CHANGES IN CAPITAL STRUCTURE. In Other than a Change of Control, in the event any change is made to the Shares Stock by reason of any Stock dividend of shares or extraordinary cash dividend, stock Stock split or reverse stock Stock split, recapitalization, reorganization, merger, consolidation, split-up, combination or exchange of shares, or other change affecting the outstanding Shares Stock as a class without the Company’s receipt of consideration, the Company shall make such appropriate adjustments to the Units as it determines are equitable and reasonably necessary or desirable to preserve the intended benefits under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (United Rentals Inc /De)

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