Common use of Changes in Shares Clause in Contracts

Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted Shares.

Appears in 5 contracts

Samples: Restricted Share Agreement, Restricted Share Agreement (Intelsat LTD), Restricted Share Agreement (Intelsat LTD)

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Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization recapitalization, extraordinary dividend or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, exercise price thereof shall be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted SharesOption and in accordance with Section 409A of the Code.

Appears in 3 contracts

Samples: Option Agreement (Intelsat LTD), Option Agreement (Intelsat LTD), Option Agreement (Intelsat LTD)

Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, exercise price thereof shall be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted SharesOption and in accordance with Section 409A of the Code.

Appears in 3 contracts

Samples: Option Agreement (Intelsat LTD), Option Agreement (Intelsat LTD), Option Agreement (Intelsat LTD)

Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted Shares.

Appears in 1 contract

Samples: Restricted Share Agreement (Intelsat LTD)

Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization recapitalization, extraordinary dividend or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, exercise price thereof shall be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted SharesOption and in accordance with Section 409A of the Code.

Appears in 1 contract

Samples: Option Agreement (Intelsat S.A.)

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Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, exercise price thereof shall be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted SharesRollover Option and in accordance with Section 409A of the Code.

Appears in 1 contract

Samples: Share Option Agreement (Intelsat LTD)

Changes in Shares. In the event of any share split, reverse share split, dividend, merger, amalgamation, consolidation, recapitalization recapitalization, extraordinary dividend or similar event affecting the capital structure of the Company, the number and kind of shares (or other property, including without limitation cash) subject to this Agreement and the calculation of Paid-in-Capital shall, in each such case, exercise price thereof shall be equitably adjusted by the Committee as it in good xxxxx xxxxx appropriate to prevent the dilution or enlargement of the value of the Employee’s Class A Restricted Shares's Company Option and in accordance with Section 409A of the Code.

Appears in 1 contract

Samples: Option Agreement (Intelsat S.A.)

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