Common use of Adjustments in the Event of Reorganization Clause in Contracts

Adjustments in the Event of Reorganization. In the event of any merger, consolidation or other business reorganization (including but not limited to a Change in Control) in which the Company is the surviving entity, and in the event of any stock split, stock dividend or other event generally affecting the number of Shares held by each person who is then a shareholder of record, the number of Shares subject to the Option granted hereby and the Exercise Price per Share of such Option shall be adjusted in accordance with Section 8.3 of the Plan to account for such event. In the event of any merger, consolidation or other business reorganization in which the Company is not the surviving entity, any Option granted hereby may be canceled and payment made therefor in accordance with the Plan.

Adjustments in the Event of Reorganization. In the event of any merger, consolidation consolidation, or other business reorganization (including but not limited to a Change in Control) in which the Company is the surviving entity, and in the event of any stock split, stock dividend or other event generally affecting the number of Shares shares of Common Stock held by each person per son who is then a shareholder of record, the number of Shares shares of Common Stock subject to the Option option granted hereby hereunder and the Exercise Price per Share share of such Option option shall be adjusted in accordance with Section 8.3 section 13.01 of the Plan to account for such event. In the event of any merger, consolidation consolidation, or other business reorganization in which the Company is not the surviving entity, any Option the option granted hereby may hereunder shall be canceled and payment made therefor accelerated and/or adjusted in accordance with section 13.01 of the Plan.