Common use of Changes in Shares Clause in Contracts

Changes in Shares. If the number of outstanding Shares is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, combination of Shares, exchange of Shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such Shares effected without receipt of consideration by the Company occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to the Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to Shares subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per Share.

Changes in Shares. If the number of outstanding Shares is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares shares or other securities of the Company on account as a result of any recapitalization, reclassification, stock share split, reverse split, combination of Shares, exchange of Shares, stock Share dividend or other distribution payable in capital stockshare capital, or other increase or decrease in such Shares effected without receipt of consideration by the Company occurring after the date the Option is grantedEffective Date, a proportionate and appropriate adjustment shall be made by the Company in the number and kind kinds of Shares subject to the Option, for which this Option is outstanding shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee Executive immediately following such event shall, to the extent practicable, be the same as immediately prior to before such event. Any such adjustment in the this Option shall not change the aggregate Option Price payable with respect to Shares that are subject to the unexercised portion of the this Option outstanding but shall include a corresponding proportionate adjustment in the Option Price per Share.

Changes in Shares. If the number of outstanding Shares is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares shares or other securities of the Company on account as a result of any recapitalization, reclassification, stock share split, reverse split, combination of Shares, exchange of Shares, stock Share dividend or other distribution payable in capital stockshare capital, or other increase or decrease in such Shares effected without receipt of consideration by the Company occurring after the date the Option is grantedEffective Date, a proportionate and appropriate adjustment shall be made by the Company in the number and kind kinds of Shares subject to the Option, for which this Option is outstanding shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee Executive immediately following such event shall, to the extent practicable, be the same as immediately prior to before such event. Any such adjustment in the this Option shall not change the aggregate Option Price payable with respect to Shares that are subject to the unexercised portion of the this Option but shall include a corresponding proportionate adjustment in the Option Price per Share.

Changes in Shares. If the number of outstanding Shares is are increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares shares or other securities of the Company on account Corporation by reason of any recapitalization, reclassification, stock split, reverse split-up, combination of Sharesstock, exchange of Sharesshares, stock dividend or other distribution payable in on capital stock, or other increase or decrease in such Shares shares effected without receipt of consideration by the Company Corporation occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to shares for which the OptionOption is outstanding shall be adjusted proportionately and appropriately , so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to Shares shares subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per Shareshare.

Changes in Shares. If the number of outstanding Shares is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, combination of Shares, exchange of Shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such Shares effected without receipt of consideration by the Company occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to the Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to Shares subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per Share.unexercised

Changes in Shares. If the number of outstanding Shares shares of Common Stock is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares stock or other securities of the Company on account Corporation by reason of any recapitalization, reclassification, stock split, reverse split, combination of Sharesshares, exchange of Sharesshares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such Shares shares effected without receipt of consideration by the Company Corporation occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company Corporation in the number and kind of Shares shares subject to the Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate total Option Price payable with respect to Shares shares subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per Shareshare.

Changes in Shares. If the number of outstanding Shares is are increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares shares or other securities of the Company on account Corporation by reason of any recapitalization, reclassification, stock split, reverse split-up, combination of Sharesstock, exchange of Sharesshares, stock dividend or other distribution payable in on capital stock, or other increase or decrease in such Shares shares effected without receipt of consideration by the Company Corporation occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to shares for which the OptionOption is outstanding shall be adjusted proportionately and appropriately, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to Shares shares subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per Shareshare.

Changes in Shares. If the number of outstanding Shares shares of Stock is increased or decreased or the Shares are changed into or exchanged for a different number or kind of Shares shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split-up, combination of Sharesshares, exchange of Sharesshares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such Shares shares effected without receipt of consideration by the Company Company, occurring after the date the Option is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to the Option, shares for which Options are outstanding shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to Shares shares subject to the unexercised portion of the Option outstanding but shall include a corresponding proportionate adjustment in the Option Price per Shareshare.