Common use of Change in Capital Structure Clause in Contracts

Change in Capital Structure. Subject to any required action by the shareholders of the Company, the number of Restricted Stock Units covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Republic Services, Inc.), Non Employee Director Restricted Stock Unit Agreement (Republic Services, Inc.), Employee Restricted Stock Unit Agreement (Republic Services, Inc.)

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Change in Capital Structure. Subject to any required action by the shareholders of the Company, the number of Restricted Stock Units Performance Shares covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units Performance Shares shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value Fair Market Value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders.

Appears in 7 contracts

Samples: Performance Share Agreement (Republic Services, Inc.), Performance Share Agreement (Republic Services, Inc.), Performance Share Agreement (Republic Services, Inc.)

Change in Capital Structure. Subject to any required action by the shareholders of the Company, the number of Restricted Stock Units covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value Fair Market Value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders.

Appears in 6 contracts

Samples: Award Agreement (Republic Services, Inc.), Restricted Stock Unit Agreement (Republic Services, Inc.), Employee Restricted Stock Unit Agreement (Republic Services, Inc.)

Change in Capital Structure. (a) Subject to any required action by the shareholders of the Company, the number of Restricted Stock Units covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.)

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Change in Capital Structure. (a) Subject to any required action by the shareholders stockholders of the Company, the number of Restricted Stock Units XXXx covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units XXXx shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholdersstockholders.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.)

Change in Capital Structure. (a) Subject to any required action by the shareholders stockholders of the Company, the number of Restricted Stock Units PRSUs covered by this award shall be proportionately adjusted and the terms of the restrictions on such Restricted Stock Units PRSUs shall be adjusted as the Committee shall determine to be equitably required for any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company resulting from any stock dividend (but only on the Common Stock), stock split, subdivision, combination, reclassification, recapitalization or general issuance to the holders of Common Stock of rights to purchase Common Stock at substantially below fair market value or any change in the number of such shares outstanding effected without receipt of cash or property or labor or services by the Company or for any spin-off, spin-out, split-up, split-off or other distribution of assets to shareholders.stockholders. 5

Appears in 1 contract

Samples: Performance Restricted Stock Unit Agreement (Roadrunner Transportation Systems, Inc.)

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