Common use of Changes in Stock Clause in Contracts

Changes in Stock. In the event that as a result of (i) any stock dividend, stock split or other change in the Stock, or (ii) any merger or sale of all or substantially all of the assets or other acquisition of the Company, and by virtue of any such change Grantee shall in Grantee’s capacity as owner of unvested shares of Stock which have been awarded to Grantee (the “Prior Stock”) be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered unvested Shares and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Wright Medical Group Inc), Restricted Stock Grant Agreement (Wright Medical Group Inc), Restricted Stock Grant Agreement (Wright Medical Group Inc)

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Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split or other change in the Restricted Stock, or (iib) any merger or sale of all or substantially all of the assets or other acquisition of the CompanyCompany or Holding Corp., and by virtue of any such change Grantee change, the Executive shall in Grantee’s his capacity as owner of unvested shares of Restricted Stock which have been awarded to Grantee him (the "Prior Stock") be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered to be unvested Shares Restricted Stock and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 5 contracts

Samples: Management Corporation Restricted Stock Agreement (Kmart Holding Corp), Restricted Stock Agreement (Kmart Holding Corp), Restricted Stock Agreement (Kmart Holding Corp)

Changes in Stock. In the event that as a result of (i) any stock dividend, stock split or other change in the Stock, or (ii) any merger or sale of all or substantially all of the assets or other acquisition of the Company, and by virtue of any such change Grantee shall in Grantee’s 's capacity as owner of unvested shares of Stock which have been awarded to Grantee (the “Prior Stock”) be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered unvested Shares and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Wright Medical Group Inc), Restricted Stock Grant Agreement (Wright Medical Group Inc), Restricted Stock Grant Agreement (Wright Medical Group Inc)

Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split or other change in the Stock, or (iib) any merger or sale of all or substantially all of the assets or other acquisition of the Company, and by virtue of any such change Grantee the Director shall in Grantee’s his/her capacity as owner of unvested shares of Stock which have been awarded to Grantee Director (the “Prior Stock”) be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered to be unvested Shares Stock and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Bre Properties Inc /Md/), Restricted Stock Award Agreement (Bre Properties Inc /Md/)

Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split split, recapitalization or other change in the Common Stock, or (iib) any merger or sale of all or substantially all of the assets or of other acquisition of the Company, and by virtue of any such change Grantee the Employee shall in Grantee’s her capacity as owner of unvested shares of Stock which Shares that have been awarded to Grantee him (the "Prior Stock”Shares") be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered to be unvested Shares and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock Shares pursuant to this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Contract (Medsource Technologies Inc)

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Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split or other change in the Common Stock, or (iib) any merger or sale of all or substantially all of the assets or of other acquisition of the Company, and by virtue of any such change Grantee shall the Participant, in Grantee’s its capacity as owner of unvested shares of Restricted Stock which have been awarded to Grantee it, if any (the “Prior Stock”) ), shall be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered to be unvested Shares Restricted Stock and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Li3 Energy, Inc.)

Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split or other change in the StockRestricted Shares, or (iib) any merger or sale of all or substantially all of the assets or other acquisition of the Company, and by virtue of any such change change, the Grantee shall in Grantee’s his or her capacity as the owner of unvested shares of Stock Restricted Shares which have been awarded to Grantee him or her (the "Prior Stock") be entitled to new or additional or different shares or securities, such the new or additional or different shares or securities shall thereupon be considered to be unvested Restricted Shares and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Bonus Agreement (Unit Corp)

Changes in Stock. In the event that as a result of (ia) any stock dividend, stock split or other change in the Stock, or (iib) any merger or sale of all or substantially all of the assets or other acquisition of the Company, and by virtue of any such change Grantee the Employee shall in Grantee’s his/her capacity as owner of unvested shares of Stock which have been awarded to Grantee Employee (the “Prior Stock”) be entitled to new or additional or different shares or securities, such new or additional or different shares or securities shall thereupon be considered to be unvested Shares Stock and shall be subject to all of the conditions and restrictions which were applicable to the Prior Stock pursuant to this Agreement.

Appears in 1 contract

Samples: Performance Stock Award Agreement (Bre Properties Inc /Md/)

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