Common use of Recapitalizations, etc Clause in Contracts

Recapitalizations, etc. The provisions of this Agreement shall apply, to the full extent set forth herein with respect to Stock or the Options, to any and all shares of capital shares of WMC and Holding or any capital stock, partnership units or any other security evidencing ownership interests in any successor or assign of WMC and Holding (whether by merger, consolidation, sale of assets or otherwise) which may be issued in respect of, in exchange for, or substitution of Stock or Options, by reason of any share dividend, split, reverse split, combination, recapitalization, liquidation, reclassification, merger, consolidation or otherwise.