Common use of Corporate Changes Clause in Contracts

Corporate Changes. In the event of any stock dividend, stock split or other increase or reduction in the number of shares of Common Stock outstanding, the number and class of shares covered by this option, and the exercise price, are subject to adjustment as provided in the Plan.

Appears in 10 contracts

Sources: Non Qualified Stock Option Agreement (Wolverine World Wide Inc /De/), Stock Option Agreement (Choiceone Financial Services Inc), Non Qualified Stock Option Agreement (Manatron Inc)

Corporate Changes. In the event of any stock dividend, stock split or other increase or reduction in the number of shares of Common Stock outstanding, the number and class of shares covered by this option, and the exercise priceExercise Price, are subject to adjustment as provided in the Plan.

Appears in 2 contracts

Sources: Incentive Stock Option Agreement (Hastings Manufacturing Co), Non Qualified Stock Option Agreement (Hastings Manufacturing Co)

Corporate Changes. In the event of any stock dividend, stock split or other increase or reduction in the number of shares of Common Stock outstanding, the number and class of shares covered by this option, and the exercise price, are subject to adjustment as provided in the Plan.. -3-

Appears in 1 contract

Sources: Incentive Stock Option Agreement (Manatron Inc)