Common use of Adjustments Upon Changes in Capitalization, Etc Clause in Contracts

Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares of the Company by reason of any Share split, Share dividend, recapitalization, merger, consolidation, combination or exchange of Shares or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of Restricted Shares as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the Plan.

Appears in 7 contracts

Samples: Restricted Share Agreement (Steiner Leisure LTD), Restricted Share Agreement (Steiner Leisure LTD), Restricted Share Agreement (Steiner Leisure LTD)

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Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares of the Company by reason of any Share split, Share dividend, recapitalization, merger, consolidation, combination or exchange of Shares or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of Restricted Shares Share Units as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the Plan.

Appears in 4 contracts

Samples: Restricted Share Unit Award Agreement (STEINER LEISURE LTD), Restricted Share Unit Award Agreement (STEINER LEISURE LTD), Restricted Share Unit Award Agreement (STEINER LEISURE LTD)

Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares of the Company by reason of any Share split, Share dividend, recapitalization, merger, consolidation, combination or exchange of Shares or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of Restricted Shares Performance Share Units as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the Plan.

Appears in 3 contracts

Samples: Senior Officer Performance Share Unit Award Agreement (STEINER LEISURE LTD), Senior Officer Performance Share Unit Award Agreement (STEINER LEISURE LTD), Performance Share Unit Award Agreement (STEINER LEISURE LTD)

Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares Common Stock of the Company by reason of any Share stock split, Share stock dividend, recapitalization, merger, consolidation, combination or exchange of Shares Common Stock or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of shares of Restricted Shares Stock as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the Plan.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (REX AMERICAN RESOURCES Corp), Restricted Stock Award Agreement (REX AMERICAN RESOURCES Corp)

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Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares of the Company by reason of any Share split, Share dividend, recapitalization, merger, consolidation, combination or exchange of Shares or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of Restricted Shares Share Units as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the SLL Plan.

Appears in 1 contract

Samples: Agreement (Steiner Leisure LTD)

Adjustments Upon Changes in Capitalization, Etc. In the event of any change in the outstanding Shares of the Company by reason of any Share split, Share dividend, recapitalization, merger, consolidation, combination or exchange of Shares or other similar corporate change or in the event of any special distribution to the shareholders, the Committee shall make such equitable adjustments in the number of Restricted Performance Shares as the Committee determines are necessary and appropriate. Any such adjustment shall be conclusive and binding for all purposes of the Plan.

Appears in 1 contract

Samples: Senior Officer Performance Share Agreement (Steiner Leisure LTD)

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