Common use of Adjustments in Shares Clause in Contracts

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 16 contracts

Samples: Restricted Stock Award Agreement (Richmond Mutual Bancorporation, Inc.), Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.), 2012 Equity Incentive Plan (LegacyTexas Financial Group, Inc.)

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Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 9 contracts

Samples: Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (First Northwest Bancorp), Restricted Stock Award Agreement (First Financial Northwest, Inc.)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall may adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Sound Financial, Inc.), Incentive Plan Restricted Stock Award Agreement (Citizens Community Bancorp Inc.), Restricted Stock Award Agreement (Sound Financial, Inc.)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, Committee shall equitably adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Banner Corp), Restricted Stock Award Agreement (Banner Corp)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or other non-recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the CommitteeCommittee shall, in its sole discretionsuch manner as it may deem equitable, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Award Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 1011.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Southern Missouri Bancorp, Inc.)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distributionother special and nonrecurring dividend or distribution (whether in the form of cash, securities or other property), liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares the ISOs or other securities received by the Grantee as a result Exercise Price of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vestedthe ISOs. The Grantee Option Xxxxxx agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 1 contract

Samples: Stock Option Award Agreement (Timberland Bancorp Inc)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 1012.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or other non-recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, shall, in its sole discretionsuch manner as it may deem equitable, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Southern Missouri Bancorp Inc)

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Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distributionother special and nonrecurring dividend or distribution (whether in the form of cash, securities or other property), liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares the NQSOs or other securities received by the Grantee as a result Exercise Price of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vestedthe NQSOs. The Grantee Option Xxxxxx agrees to execute any documents required by the Committee in connection with an adjustment under this Section 109.

Appears in 1 contract

Samples: Qualified Stock Option Award Agreement (Timberland Bancorp Inc)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.. ​

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Mid-Southern Bancorp, Inc.)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall adjust the number of Shares or class of securities of the Corporation covered by this Agreement. Any additional Shares or other securities received by the Grantee Director as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Restricted Shares that have not vested. The Grantee Director agrees to execute any documents required by the Committee in connection with an adjustment under this Section 109.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (LegacyTexas Financial Group, Inc.)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, Committee shall equitably adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.12. RS/PB-2

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Banner Corp)

Adjustments in Shares. In the event of any recapitalization, forward or reverse stock split, reorganization, merger, consolidation, spin-off, combination, exchange of Shares or other securities, stock dividend, special or recurring dividend or distribution, liquidation, dissolution or other similar corporate transaction or event, the Committee, in its sole discretion, shall may adjust the number of Shares or class of securities of the Corporation Company covered by this Agreement. Any additional Shares or other securities received by the Grantee as a result of any such adjustment shall be subject to all restrictions and requirements applicable to Shares that have not vested. The Grantee agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Heritage Financial Group Inc)

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