Common use of Adjustments in Shares Clause in Contracts

Adjustments in Shares. The Option confers upon the Optionee the option to purchase Class B Shares as they are constituted at the Date of Grant. If prior to the exercise of the Option Guyanor is required under French law to make adjustments in the value of its Class B Shares, the Company agrees that it will make corresponding adjustments to the number of Optioned Shares or the Exercise Price.

Appears in 5 contracts

Samples: Agreement (Golden Star Resources LTD), Option Agreement (Golden Star Resources LTD), Option Agreement (Golden Star Resources LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.