Common use of Dividends, Distributions and Adjustments Clause in Contracts

Dividends, Distributions and Adjustments. Upon the occurrence of a dividend or distribution to the stockholders of the Company paid in Shares or other property, or any other adjustment upon a change in the capital structure of the Company as described in Section 8, any and all new, substituted or additional securities or other property (other than regular, periodic dividends paid on Shares pursuant to the Company’s dividend policy) to which the Participant is entitled by reason of the Participant’s ownership of Unvested Shares shall be immediately subject to the Company Reacquisition Right and included in the terms “Shares,” and “Unvested Shares” for all purposes of the Company Reacquisition Right with the same force and effect as such Unvested Shares immediately prior to the dividend, distribution or adjustment, as the case may be.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Hain Celestial Group Inc), Restricted Stock Agreement (Hain Celestial Group Inc), Restricted Stock Agreement (Hain Celestial Group Inc)

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Dividends, Distributions and Adjustments. Upon the occurrence of a dividend or distribution to the stockholders of the Company paid in Shares or other property, or any other adjustment upon a change in the capital structure of the Company as described in Section 814 of the Plan, any and all new, substituted or additional securities or other property (other than regular, periodic dividends paid on Shares pursuant to the Company’s dividend policy) to which the Participant is entitled by reason of the Participant’s ownership of Unvested Shares Units shall be immediately subject to the Company Reacquisition Right and included in the terms “Shares,Units” and “Unvested SharesUnits” for all purposes of the Company Reacquisition Right with the same force and effect as such the Unvested Shares Units immediately prior to the dividend, distribution or adjustment, as the case may be.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Rubios Restaurants Inc), Restricted Stock Units Agreement (Rubios Restaurants Inc)

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Dividends, Distributions and Adjustments. Upon the occurrence of a dividend or distribution to the stockholders of the Company paid in Shares or other property, or any other adjustment upon a change in the capital structure of the Company as described in Section 8, any and all new, substituted or additional securities or other property (other than regular, periodic dividends paid on Shares pursuant to the Company’s dividend policy) to which the Participant Director is entitled by reason of the ParticipantDirector’s ownership of Unvested Shares shall be immediately subject to the Company Reacquisition Right and included in the terms “Shares,” and “Unvested Shares” for all purposes of the Company Reacquisition Right with the same force and effect as such Unvested Shares immediately prior to the dividend, distribution or adjustment, as the case may be.

Appears in 1 contract

Samples: Restricted Stock Agreement (Hain Celestial Group Inc)

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