Common use of Distributions and Adjustments Clause in Contracts

Distributions and Adjustments. (a) If any RSUs vest subsequent to any change in the number or character of the Common Stock of the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise) occurring after the Grant Date, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such RSUs had vested prior to the event changing the number or character of the outstanding Common Stock.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Darden Restaurants Inc), Stock Incentive Plan (Darden Restaurants Inc), Restricted Stock Unit Award Agreement (Darden Restaurants Inc)

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Distributions and Adjustments. (a) If any RSUs vest subsequent to any change in the number or character of the Common Stock of the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise) occurring after the Grant Date, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such RSUs had vested prior to the event changing the number or character of the outstanding Common Stock.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Darden Restaurants Inc), Restricted Stock Unit Award Agreement (Darden Restaurants Inc), Restricted Stock Unit Award Agreement (Darden Restaurants Inc)

Distributions and Adjustments. (a) If any RSUs vest subsequent to any change in the number or character of the Common Stock of the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares or otherwise) occurring after the Grant Date, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such RSUs had vested prior to the event changing the number or character of the outstanding Common Stock.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Four Corners Property Trust, Inc.), Restricted Stock Unit Award Agreement (Four Corners Property Trust, Inc.)

Distributions and Adjustments. (a) If any RSUs vest subsequent to any change in the number or character of the Common Stock of the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares shares, or otherwise) occurring after the Grant Date), you Participant shall then receive upon such vesting the number and type of securities or other consideration which you Participant would have received if such RSUs had vested prior to the event changing the number or character of the outstanding Common Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mosaic Co)

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Distributions and Adjustments. (a) If any RSUs vest subsequent to any change in the number or character of the Common Stock of the Company (through any stock dividend or other distribution, recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of shares shares, or otherwise) occurring after the Grant Date), you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such RSUs had vested prior to the event changing the number or character of the outstanding Common Stock.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Mosaic Co)

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