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, Share split, reverse split, combination of Shares, exchange of Shares, Share dividend or other distribution payable in capital stock, or other increase or decrease in RESTRICTED SHARE AGREEMENT PAGE 3 such Shares effected without receipt of consideration by the Company occurring after the date the Restricted Share Award is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to the Restricted Share Agreement, so that the proportionate interest of the Holder immediately following such event shall, to the extent practicable, be the same as immediately prior to such event.

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, Share split, reverse split, combination of Shares, exchange of Shares, Share dividend or other distribution payable in capital stock, or other increase or decrease in RESTRICTED SHARE AGREEMENT PAGE 3 such Shares effected without receipt of consideration by the Company occurring after the date the Restricted Share Award is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of Shares subject to the Restricted Share Agreement, so that the proportionate interest of the Holder immediately following such event shall, to the extent practicable, be the same as immediately prior to such event.