Common use of Restructuring or Reorganization Clause in Contracts

Restructuring or Reorganization. If, as the result of a stock split, stock dividend, combination of shares or any other change, including an exchange of securities for any reason, the Participant shall be entitled to new or additional or different shares of stock or securities, such stock or securities shall be subject to the terms and conditions of the Plan and this Agreement.

Appears in 6 contracts

Samples: Award Agreement (CST Brands, Inc.), Form of Award Agreement (CST Brands, Inc.), Award Agreement (CST Brands, Inc.)

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Restructuring or Reorganization. If, as the result of a stock split, stock dividend, combination of shares or any other change, including an exchange of securities for any reason, the Participant Employee shall be entitled to new or additional or different shares of stock or securities, such stock or securities shall be subject to the terms and conditions of the Plan and this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Valero Energy Corp/Tx), Restricted Stock Agreement (Valero Energy Corp/Tx)

Restructuring or Reorganization. If, as the result of a stock split, stock dividend, combination of shares or any other change, including an exchange of securities for any reason, the Participant shall be entitled to new or additional or different shares of stock or securities, such stock or securities shall be subject to the terms and conditions of the Plan and this RSU Agreement, unless stated otherwise.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (CST Brands, Inc.)

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Restructuring or Reorganization. If, as the result of a stock split, stock dividend, combination of shares or any other change, including an exchange of securities for any reason, the Participant shall be entitled to new or additional or different shares of stock or securities, such stock or securities shall be subject to the terms and conditions of the Plan and this RSU Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (CST Brands, Inc.)

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