Common use of Merger, Reorganization, Etc Clause in Contracts

Merger, Reorganization, Etc. In the event of any merger, reorganization, consolidation, recapitalization, stock dividend, stock split or other such change in corporate structure affecting the Stock, such substitution or adjustment shall be made in the number of Shares and the Option Price, as may be determined to be appropriate by the Committee, in its sole discretion; provided that the number of Shares shall always be a whole number.

Merger, Reorganization, Etc. In the event of any merger, reorganization, consolidation, recapitalization, stock dividend, stock split or other such change in corporate structure affecting the Restricted Stock, such substitution or adjustment shall be made in the number of Shares and the Option Price, shares of Restricted Stock as may be determined to be appropriate by the Committee, Committee in its sole discretion; provided that the number of Shares shares of Restricted Stock shall always be a whole number.