Common use of Changes in Stock Clause in Contracts

Changes in Stock. In the event of any change in the common stock of the Company, as described in Section 4.6 of the Plan, the Committee shall make the appropriate adjustment or substitution in the number, kind and price of shares under this Option, all as provided in the Plan. The Committee’s determination in this respect shall be final and conclusive upon all parties.

Appears in 4 contracts

Samples: 2013 Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Horizon Bancorp (Horizon Bancorp /In/), Option Grant Agreement (Horizon Bancorp /In/)

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Changes in Stock. In the event of any change in the common stock of the CompanyStock, as described in Section 4.6 of the Plan, the Committee shall make the appropriate adjustment or substitution in to or of the number, kind and price of shares under this OptionRestricted Stock Units, all as provided in the Plan. The Committee’s determination in this respect shall be final and conclusive binding upon all parties.

Appears in 3 contracts

Samples: Award Agreement (Horizon Bancorp Inc /In/), Award Agreement (Horizon Bancorp Inc /In/), Award Agreement (Horizon Bancorp Inc /In/)

Changes in Stock. In the event of any change in the common stock of the CompanyStock, as described in Section 4.6 of the Plan, the Committee shall make the appropriate adjustment or substitution in to or of the number, kind and price shares of shares under this OptionRestricted Stock, all as provided in the Plan. The Committee’s determination in this respect shall be final and conclusive binding upon all parties.

Appears in 3 contracts

Samples: Award Agreement (Horizon Bancorp Inc /In/), Award Agreement (Horizon Bancorp Inc /In/), Award Agreement (Horizon Bancorp Inc /In/)

Changes in Stock. In the event of any change in the common stock of the Company, as described in Section 4.6 3.6 of the Plan, the Committee shall make the appropriate adjustment or substitution in the number, kind and price of shares under this Option, all as provided in the Plan. The Committee’s determination in this respect shall be final and conclusive binding upon all parties.

Appears in 2 contracts

Samples: Omnibus Equity Incentive Plan (Horizon Bancorp /In/), Omnibus Equity Incentive Plan (Horizon Bancorp /In/)

Changes in Stock. In Subject to the provisions of Paragraph 3(c), in the event of any change in the common stock of the Company, as described in Section 4.6 paragraph 9 of the Plan, the Committee shall make the appropriate adjustment or substitution in the number, kind kind, and price of shares under this Optionaward, all as provided in the Plan. The Committee’s 's determination in this respect shall be final and conclusive upon all parties.

Appears in 1 contract

Samples: Restricted Stock Agreement (National Bank of Indianapolis Corp)

Changes in Stock. In the event of any change in the common stock of the Company, as described in Section 4.6 4.2 of the Plan, the Committee shall make the appropriate adjustment or substitution in the number, kind and price of shares under this the Option, all as provided in the Plan. The Committee’s 's determination in this respect shall be final and conclusive upon all parties.

Appears in 1 contract

Samples: Bancorp Management Stock Option Agreement (Monroe Bancorp)

Changes in Stock. In the event of any change in the common stock of the CompanyStock, as described in Section 4.6 of the Plan, the Committee shall make the appropriate adjustment or substitution in to or of the number, kind and price of shares under this OptionOptions, all as provided in the Plan. The Committee’s determination in this respect shall be final and conclusive binding upon all parties.

Appears in 1 contract

Samples: Award Agreement (Horizon Bancorp Inc /In/)

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Changes in Stock. In Subject to the provisions of subsection 3(c), in the event of any change in the common stock of the CompanyCompany Stock, as described in Section 4.6 5.5 of the Plan, the Committee shall will make the appropriate adjustment or substitution in the number, kind and price of shares under this Optionaward, all as provided in the Plan. The Committee’s 's determination in this respect shall be final and conclusive upon all parties.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (National Bank of Indianapolis Corp)

Changes in Stock. In Subject to the provisions of paragraph 6(d), in the event of any change in the common stock of the Company, as described in Section 4.6 paragraph 12 of the Plan, the Committee shall make the appropriate adjustment or substitution in the number, kind kind, and price of shares under this Option, all as provided in the Plan. The Committee’s 's determination in this respect shall be final and conclusive upon all parties.

Appears in 1 contract

Samples: Stock Option Agreement (National Bank of Indianapolis Corp)

Changes in Stock. In Subject to the provisions of subsection 6(d), in the event of any change in the common stock of the CompanyCompany Stock, as described in Section 4.6 5.5 of the Plan, the Committee shall will make the appropriate adjustment or substitution in the number, kind and price of shares under this the Option, all as provided in the Plan. The Committee’s 's determination in this respect shall be final and conclusive upon all parties.

Appears in 1 contract

Samples: Stock Option Award Agreement (National Bank of Indianapolis Corp)

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