Adjustments for Changes in Capitalization. If Emmis is involved in any reorganization, reclassification, recapitalization, stock split, reverse stock split, stock dividend, share combination, merger, consolidation, asset spin‑off or similar event, the Committee will make equitable adjustments of (a) the aggregate number of shares of Stock available under the Plan, (b) the number of shares of Stock covered by an Option, (c) the Exercise Price, and (d) all other matters relating to the Plan and any Option, all in such manner as may be determined by the Committee in its discretion, in order to prevent dilution or enlargement of your rights under this Option. The Committee’s determination is conclusive in these matters.
Appears in 3 contracts
Samples: Option Grant Agreement (Emmis Communications Corp), Option Grant Agreement (Emmis Communications Corp), Option Grant Agreement (Emmis Communications Corp)
Adjustments for Changes in Capitalization. If Emmis is involved in any reorganization, reclassification, recapitalization, stock split, reverse stock split, stock dividend, share combination, merger, consolidation, asset spin‑off spin-off or similar event, the Committee will make equitable adjustments of (a) the aggregate number of shares of Stock available under the Plan, (b) the number of shares of Stock covered by an Option, (c) the Exercise Price, and (d) all other matters relating to the Plan and any Option, all in such manner as may be determined by the Committee in its discretion, in order to prevent dilution or enlargement of your rights under this Option. The Committee’s determination is conclusive in these matters.
Appears in 2 contracts
Samples: Option Grant Agreement (Emmis Communications Corp), Option Grant Agreement (Emmis Communications Corp)