Common use of - Adjustments in Options Clause in Contracts

- Adjustments in Options. Subject to Section 9 of the Plan, in the event that the outstanding Shares subject to an Option are, from time to time, changed into or exchanged for cash or a different number or kind of shares of the Company or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock dividend, combination of shares, or otherwise, the Committee shall make an appropriate and equitable adjustment in the number and kind of shares or other consideration and the exercise price as to which such Option, or portions thereof then unexercised, shall be exercisable in order to prevent dilution or enlargement of the benefits intended to be made available with respect to any Option. Any such adjustment made by the Committee shall be final and binding upon the Optionee, the Company and all other interested persons.

Appears in 4 contracts

Sources: Non Qualified Share Option Agreement (Avago Technologies LTD), Non Qualified Share Option Agreement (Avago Technologies LTD), Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.)

- Adjustments in Options. Subject to Section 9 of the Plan, in the event that the outstanding Shares shares of the stock subject to an Option are, from time to time, changed into or exchanged for cash or a different number or kind of shares of the Company or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock dividend, combination of shares, or otherwise, the Committee shall make an appropriate and equitable adjustment in the number and kind of shares or other consideration and the exercise price as to which such Option, or portions thereof then unexercised, shall be exercisable in order to prevent dilution or enlargement of the benefits intended to be made available with respect to any Option. Any such adjustment made by the Committee shall be final and binding upon the Optionee, the Company and all other interested persons.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (Alliance Imaging Inc /De/), Non Qualified Stock Option Agreement (Alliance Imaging Inc /De/), Non Qualified Stock Option Agreement (Merit Behavioral Care Corp)

- Adjustments in Options. Subject to Section 9 of the Plan, in the event that the outstanding Shares subject to an Option are, from time to time, changed into or exchanged for cash or a different number or kind of shares of the Company or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock dividend, combination of shares, or otherwise, the Committee shall make an appropriate and equitable adjustment in the number and kind of shares or other consideration and the exercise price as to which such Option, or portions thereof then unexercised, shall be exercisable in order to prevent dilution or enlargement of the benefits intended to be made available with respect to any Option. Any such adjustment made by the Committee shall be final and binding upon the Optionee, the Company and all other interested persons.. «Name» — Rollover Stock Option Agreement

Appears in 1 contract

Sources: Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.)

- Adjustments in Options. Subject to Section 9 of the Plan, in the event that the outstanding Shares subject to an Option are, from time to time, changed into or exchanged for cash or a different number or kind of shares of the Company or other securities of the Company by reason of a merger, consolidation, recapitalization, reclassification, stock split, stock dividend, combination of shares, or otherwise, the Committee shall make an appropriate and equitable adjustment in the number and kind of shares or other consideration and the exercise price as to which such Option, or portions thereof then unexercised, shall be exercisable in order to prevent dilution or enlargement of the benefits intended to be made available with respect to any Option. Any such adjustment made by the Committee shall be final and binding upon the Optionee, the Company and all other interested persons.. «Name» — Stock Option Agreement

Appears in 1 contract

Sources: Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.)