Common use of Basic Adjustment Provisions Clause in Contracts

Basic Adjustment Provisions. In the event of a stock dividend, stock split or combination of shares (including a reverse stock split), recapitalization or other change in the Company’s capital structure, the Administrator shall make appropriate adjustments to the number and kind of Notional Shares subject to the Award and any other provision of Awards affected by such change.

Appears in 2 contracts

Samples: Award Agreement (Affiliated Managers Group, Inc.), Award Agreement (Affiliated Managers Group, Inc.)

AutoNDA by SimpleDocs

Basic Adjustment Provisions. In the event of a stock dividend, stock split or combination of shares (including a reverse stock split), recapitalization or other change in the Company’s capital structure, the Administrator shall make appropriate adjustments to the number and kind of Notional Shares Stock Units subject to the Award and any other provision of Awards affected by such change.

Appears in 2 contracts

Samples: Award Agreement (Affiliated Managers Group, Inc.), Award Agreement (Affiliated Managers Group, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.