Common use of Adjustments to Shares Clause in Contracts

Adjustments to Shares. If at any time there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Board shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Restricted Stock Agreement (McMillan Peter), Restricted Stock Agreement (Pacific Oak Strategic Opportunity REIT, Inc.)

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Adjustments to Shares. If at any time while this Agreement is in effect, there shall be any increase or decrease in the number of issued and outstanding Shares shares of the Company Company’s common stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Sharesshares, then and in that event, the Board Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Rti Surgical, Inc.), Restricted Stock Award Agreement (Rti Surgical, Inc.), Stand Alone Restricted Stock Award Agreement (Rti Surgical, Inc.)

Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding Shares shares of Common Stock of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination combination, or exchange of such Sharesshares of Common Stock, then and in that event, the Board Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares of subject to the Restricted Stock Units then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Surna Inc.), Option Agreement (Lifelock, Inc.)

Adjustments to Shares. If at any time while this Agreement is in effect there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Board or the Administrator shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Stock Grant Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)

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Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares of subject to the Restricted Stock Units then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vocus, Inc.)

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