Common use of Adjustments Upon Changes in Capitalization Clause in Contracts

Adjustments Upon Changes in Capitalization. In the event of a declaration of a stock dividend, a stock split, combination or reclassification of shares, extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar event affecting the Shares or other securities of the Company, the Administrator shall equitably adjust the number and kind of Restricted Stock Units or other securities which are subject to this Agreement, in order to reflect such change and thereby preclude a dilution or enlargement of benefits under this Agreement.

Appears in 18 contracts

Samples: Restricted Stock Unit Agreement (Logitech International Sa), Performance Share Unit Agreement (Logitech International Sa), Restricted Stock Unit Agreement (Logitech International Sa)

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Adjustments Upon Changes in Capitalization. In the event of a declaration of a stock dividend, a stock split, combination or reclassification of shares, extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar event affecting the Shares or other securities of the Company, the Administrator shall equitably adjust the number and kind of Restricted Stock Units Shares or other securities which are subject to this AgreementOption, and/or the exercise price of this Option, in order to reflect such change and thereby preclude a dilution or enlargement of benefits under this AgreementOption.

Appears in 2 contracts

Samples: Stock Option Agreement (Logitech International Sa), Stock Option Agreement (Logitech International Sa)

Adjustments Upon Changes in Capitalization. In the event of a declaration of a stock dividend, a stock split, combination or reclassification of shares, extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar event affecting the Shares or other securities of the Company, the Administrator shall equitably adjust the number and kind of Restricted Stock Units Options or other securities which are subject to this Agreement, in order to reflect such change and thereby preclude a dilution or enlargement of benefits under this Agreement.

Appears in 2 contracts

Samples: Stock Option Agreement (Logitech International Sa), Stock Option Agreement (Logitech International Sa)

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Adjustments Upon Changes in Capitalization. In the event of a declaration of a stock dividend, a stock split, combination or reclassification of shares, extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar event affecting the Shares or other securities of the Company, the Administrator shall equitably adjust the Performance Vesting Price and/or the number and kind of Restricted Stock Units or other securities which are subject to this Agreement, in order to reflect such change and thereby preclude a dilution or enlargement of benefits under this Agreement.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Logitech International Sa)

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