Adjustments to Option. 6.1 Subject to any required action by the Committee and shareholders, the number of shares provided for in the Option, and the price per share thereof shall be proportionately adjusted for any increase or decrease in the number of issued shares of the Company resulting from the payment of a share dividend, a share split or any transaction which is a "corporate transaction" (as defined in the Treasury regulations promulgated under Section 424 of the Code.
Appears in 9 contracts
Samples: Stock Option Agreement (Dusa Pharmaceuticals Inc), Stock Option Agreement (Dusa Pharmaceuticals Inc), Stock Option Agreement (Dusa Pharmaceuticals Inc)
Adjustments to Option. 6.1 Subject to any required action by the Committee and the Company's shareholders, the number of shares provided for in the Option, and the price per share thereof and the number of shares provided for in the Plan shall be proportionately adjusted for any increase or decrease in the number of issued shares of the Company resulting from the payment of a share dividend, a share split or any transaction which is a "corporate transaction" (as defined in the Treasury regulations promulgated under Section 424 of the Code.
Appears in 5 contracts
Samples: Nonqualified Stock Option Agreement (Dusa Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Dusa Pharmaceuticals Inc), Nonqualified Stock Option Agreement (Dusa Pharmaceuticals Inc)
Adjustments to Option. 6.1 Subject to any required action by the Committee and shareholders, the number of shares provided for in the Option, and the price per share thereof and the number of shares provided for in the Plan shall be proportionately adjusted for any increase or decrease in the number of issued shares of the Company resulting from the payment of a share dividend, a share split or any transaction which is a "corporate transaction" (as defined in the Treasury regulations promulgated under Section 424 of the Code).
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Dusa Pharmaceuticals Inc), Incentive Stock Option Agreement (Dusa Pharmaceuticals Inc)
Adjustments to Option. 6.1 Subject to any required action by the Committee and shareholders, the number of shares provided for in the Option, and the price per share thereof and the number of shares provided for in the Plan shall be proportionately adjusted for any increase or decrease in the number of issued shares of the Company resulting from the payment of a share dividend, a share split or any transaction which is a "corporate transaction" (as defined in the Treasury regulations promulgated under Section 424 of the Code.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Dusa Pharmaceuticals Inc)
