Common use of ADJUSTMENTS IN STOCK Clause in Contracts

ADJUSTMENTS IN STOCK. Subject to the provisions of the Plan, if the outstanding securities of the class then subject to the Plan are increased, decreased or exchanged for or converted into a different number or kind of securities as a result of a reorganization, merger or consolidation, recapitalization, reclassification, stock dividend or other distribution, stock split, reverse stock split or the like, then, the Committee shall make appropriate and proportionate adjustments in the following:

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Aml Communications Inc), Incentive Stock Option Agreement (Aml Communications Inc), Incentive Stock Option Agreement (Aml Communications Inc)

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