Dissolution or Liquidation; Sale or Merger. In the event of a dissolution, liquidation, sale or merger of the Company or any similar event or transaction, the Committee may adjust, terminate and/or settle the Option to the extent it deems appropriate and consistent with the Plan’s purposes.
Appears in 4 contracts
Samples: Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/), Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/), Nonqualified Stock Option Grant Agreement (Nutri System Inc /De/)
Dissolution or Liquidation; Sale or Merger. In the event of a dissolution, liquidation, sale or merger of the Company or any similar event or transaction, the Committee may adjust, terminate and/or settle the Option take such actions with respect to the extent Restricted Stock as it deems appropriate and consistent with the Plan’s purposes.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Nutri System Inc /De/), Restricted Stock Award Agreement (Nutri System Inc /De/), Restricted Stock Award Agreement (Nutri System Inc /De/)
Dissolution or Liquidation; Sale or Merger. In The provisions of the Plan applicable to a dissolution, liquidation, sale or merger of the Company shall apply to the Option and, in the event of a dissolution, liquidation, sale or merger of the Company or any similar event or transactionCompany, the Committee may adjust, terminate and/or settle the Option to the extent take such actions as it deems appropriate and consistent with pursuant to the Plan’s purposes.
Appears in 1 contract
Samples: Nonqualified Stock Option Grant (Nutri System Inc /De/)
