Common use of Changes in Stock Clause in Contracts

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock shall be increased, reduced or otherwise changed, the Performance Share Units shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunder.

Appears in 15 contracts

Samples: Performance Share Unit Agreement (Constellation Brands, Inc.), Performance Share Unit Agreement (Constellation Brands, Inc.), Performance Share Unit Agreement (Constellation Brands, Inc.)

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Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock Common Stock, par value $.01, shall be increased, reduced or otherwise changed, the Performance Share Restricted Stock Units shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunder.

Appears in 13 contracts

Samples: Restricted Stock Unit Agreement (Constellation Brands, Inc.), Restricted Stock Unit Agreement (Constellation Brands, Inc.), Restricted Stock Unit Agreement (Constellation Brands, Inc.)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock common stock shall be increased, reduced or otherwise changed, the Performance Share Restricted Stock Units shall be adjusted automatically consistent with such change shall, subject to prevent substantial dilution or enlargement Section 409A of the rights granted toCode, or available for, the Participant hereunderbe properly adjusted.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (Varian Medical Systems Inc), Restricted Stock Unit Agreement (Varian Medical Systems Inc), Restricted Stock Unit Agreement (Varian Medical Systems Inc)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock common stock shall be increased, reduced or otherwise changed, the Performance Share Units shall be adjusted automatically consistent with such change shall, subject to prevent substantial dilution or enlargement Section 409A of the rights granted toCode, or available for, the Participant hereunderbe properly adjusted.

Appears in 6 contracts

Samples: Performance Unit Agreement (Varian Medical Systems Inc), Performance Unit Agreement (Varian Medical Systems Inc), Performance Unit Agreement (Varian Medical Systems Inc)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock common stock shall be increased, reduced or otherwise changed, the Performance Share Restricted Stock Units shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunderproperly adjusted.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Varex Imaging Corp), Restricted Stock Unit Agreement (Varex Imaging Corp), Restricted Stock Unit Agreement (Varex Imaging Corp)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Class A Common Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock Common Stock, par value $.01, shall be increased, reduced or otherwise changed, the Performance Share Units Shares shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunder.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Constellation Brands, Inc.), Restricted Stock Award Agreement (Constellation Brands, Inc.), Restricted Stock Award Agreement (Constellation Brands, Inc.)

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Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock Shares, shall be increased, reduced or otherwise changed, the Performance Share Units Restricted Stock shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunder.

Appears in 2 contracts

Samples: Cintas Corporation (Cintas Corp), Cintas Corporation Restricted Stock Agreement (Cintas Corp)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock common stock shall be increased, reduced or otherwise changed, the Performance Share Units shall be adjusted automatically consistent with such change shall, subject to prevent substantial dilution or enlargement Section 409A of the rights granted toCode, or available for, the Participant hereunderbe properly adjusted.

Appears in 1 contract

Samples: Equity Incentive Plan (Central Garden & Pet Co)

Changes in Stock. In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock common stock shall be increased, reduced or otherwise changed, the Performance Share Units Shares shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant Grantee hereunder.

Appears in 1 contract

Samples: Performance Shares Agreement (Royal Caribbean Cruises LTD)

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