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 the SARs or the Exercise Price of the SARs. The SAR Holder agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 5 contracts

Samples: Stock Appreciation Right Award (Banner Corp), Stock Appreciation Right Award (Banner Corp), Stock Appreciation Right Award (HomeTrust Bancshares, 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 may adjust the number of Shares or class of securities of the Corporation Company covered by the SARs or the Exercise Price of the SARs. The SAR Holder agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 3 contracts

Samples: Stock Appreciation Right Award Agreement (Southern Missouri Bancorp, Inc.), Restricted Stock Unit Award Agreement (Heritage Financial Group Inc), Stock Appreciation Right Award Agreement (Citizens Community 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 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 the SARs or the Exercise Price of the SARs. The SAR Holder agrees to execute any documents required by the Committee in connection with an adjustment under this Section 10.

Appears in 1 contract

Samples: Stock Appreciation Right Award (Banner Corp)

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