Common use of Change in Capitalization Clause in Contracts

Change in Capitalization. (a) The number and kind of shares issuable under this Agreement shall be proportionately adjusted for any non-reciprocal transaction between the Company and the holders of capital stock of the Company that causes the per share value of the shares of Common Stock subject to the Award to change, such as a stock dividend, stock split, spinoff, rights offering, or recapitalization through a large, non-recurring cash dividend (each, an “Equity Restructuring”). No fractional shares shall be issued in making such adjustment.

Appears in 13 contracts

Samples: Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc)

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Change in Capitalization. (a) The number and kind of shares issuable under this Agreement unvested Restricted Shares shall be proportionately adjusted for any non-reciprocal transaction nonreciprocal transactions between the Company and the holders of capital stock of the Company Common Stock that causes cause the per share value of the shares of Common Stock subject to the Award Restricted Shares to change, such as a stock dividend, stock split, spinoff, or rights offering, or recapitalization through a large, non-recurring cash dividend offering (each, each an “Equity Restructuring”). No fractional shares shall be issued in making such adjustment.

Appears in 5 contracts

Samples: Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc), Employment Agreement (Omega Healthcare Investors Inc)

Change in Capitalization. (a) The number and kind of shares issuable under this Agreement shall be proportionately adjusted for any non-reciprocal transaction nonreciprocal transactions between the Company and the holders of capital stock of the Company Common Stock that causes cause the per share value of the shares of Common Stock subject to the this Award to change, such as a stock dividend, stock split, spinoff, or rights offering, or recapitalization through a large, non-recurring cash dividend offering (each, each an “Equity Restructuring”). No fractional shares shall be issued in making such adjustment.

Appears in 5 contracts

Samples: Restricted Stock Units Agreement (OHI Healthcare Properties Limited Partnership), Restricted Stock Units Award (Omega Healthcare Investors Inc), Restricted Stock Units Award (Omega Healthcare Investors Inc)

Change in Capitalization. (a) The number and kind of shares issuable under this Agreement Restricted Shares shall be proportionately adjusted for any non-reciprocal transaction between increase or decrease in the Company and the holders number of capital stock of the Company that causes the per share value of the issued shares of Common Stock subject to resulting from a subdivision or combination of shares or the Award to change, such as payment of a stock dividend, stock split, spinoff, rights offering, dividend in shares of Common Stock to holders of outstanding shares of Common Stock or recapitalization through a large, non-recurring cash dividend (each, an “Equity Restructuring”)any other increase or decrease in the number of shares of Common Stock outstanding if effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 4 contracts

Samples: Restricted Stock Award (First Security Group Inc/Tn), Restricted Stock Award (First Security Group Inc/Tn), Restricted Stock Award (First Security Group Inc/Tn)

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Change in Capitalization. (a) The a)The number and kind of shares issuable under this Agreement shall be proportionately adjusted for any non-reciprocal transaction transactions between the Company and the holders of capital stock of the Company Common Stock that causes cause the per share value of the shares of Common Stock subject to the this Award to change, such as a stock dividend, stock split, spinoff, or rights offering, or recapitalization through a large, non-recurring cash dividend offering (each, each an Equity Restructuring”). No fractional shares shall be issued in making such adjustment.

Appears in 2 contracts

Samples: 2018 Stock Incentive Plan (OHI Healthcare Properties Limited Partnership), 2018 Stock Incentive Plan (OHI Healthcare Properties Limited Partnership)

Change in Capitalization. (a) The a)The number and kind of shares issuable under this Agreement shall be proportionately adjusted for any non-reciprocal transaction transactions between the Company and the holders of capital stock of the Company Common Stock that causes cause the per share value of the shares of Common Stock subject to the this Award to change, such as a stock dividend, stock split, spinoff, or rights offering, or recapitalization through a large, non-recurring cash dividend offering (each, each an “Equity Restructuring”). No fractional shares shall be issued in making such adjustment.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (OHI Healthcare Properties Limited Partnership)

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