Common use of Stock Dividend, Stock Split and Reverse Stock Split Clause in Contracts

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, reverse stock split, or similar event affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, reverse stock split, or similar event. Adjustments under this Section 9 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 20 contracts

Samples: Restricted Stock Agreement (Vertis Inc), Restricted Stock Agreement (Vertis Inc), Restricted Stock Agreement (Vertis Inc)

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Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shallwill, without further action of the AdministratorCommittee, be adjusted to reflect such event. The Administrator Committee may make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event. Adjustments under this Section 9 7 will be made by the AdministratorCommittee, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 7 contracts

Samples: Restricted Stock Agreement (Fti Consulting Inc), Restricted Stock Agreement (Fti Consulting Inc), Restricted Stock Agreement (Fti Consulting Inc)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event. Adjustments under this Section 9 10 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Laureate Education, Inc.), Restricted Stock Agreement (Laureate Education, Inc.)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event. Adjustments under this Section 9 8 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Laureate Education, Inc.), Restricted Stock Agreement (Laureate Education, Inc.)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Deferred Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Deferred Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in fractional Deferred Shares. Adjustments under this Section 9 4(b) will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Share Award Agreement (Avantair, Inc)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award outstanding Restricted Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares Shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in the issuance of fractional Shares. Adjustments under this Section 9 6 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Agreement (Perma-Pipe International Holdings, Inc.)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in the issuance of fractional Award Shares. Adjustments under this Section 9 7 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Restricted Stock Agreement (Avantair, Inc)

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Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such eventevent in a manner designed to preserve the economic substance of this Agreement. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in the issuance of fractional Award Shares. Adjustments under this Section 9 14 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Performance Award (STAG Industrial, Inc.)

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of Award outstanding Restricted Shares and the number of such Award Shares that are nonvested and forfeitable shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares Restricted Shares with respect to the Award Shares as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in the issuance of fractional Shares. Adjustments under this Section 9 8 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Perma-Pipe International Holdings, Inc.

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split, split or reverse stock split, or similar event split affecting, the Common Stock, the number of outstanding Award Shares and the number of such Award Shares that are nonvested and forfeitable Units shall, without further action of the Administrator, be adjusted to reflect such event. The Administrator may shall make adjustments, in its discretion, to address the treatment of fractional shares Shares with respect to the Award Shares Units as a result of the stock dividend, stock split, split or reverse stock split, or similar event; provided that such adjustments do not result in the issuance of fractional Shares. Adjustments under this Section 9 8 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional Award Shares will result from any such adjustments.

Appears in 1 contract

Samples: Employee Restricted Stock Unit Grant (Perma-Pipe International Holdings, Inc.)

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