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 or reverse stock split affecting, the Common Stock, the number of shares covered by and the exercise price and other terms of the Options, shall, without further action of the Board, be adjusted to reflect such event unless the Board determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be made. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to the Options as a result of the stock dividend, stock split or reverse stock split.

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of shares covered by Award Shares and the exercise price and other terms number of the Options, such Award Shares that constitute Restricted Shares shall, without further action of the Board, be adjusted to reflect such event unless event, unless, the Board determines, at the time it approves such stock dividend, stock split split, or reverse stock split, that no such adjustment shall be made. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to the Options Award Shares as a result of the stock dividend, stock split or reverse stock split.

Stock Dividend, Stock Split and Reverse Stock Split. Upon In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stockcommon stock of the Company, the number of shares covered by and the exercise price and other terms of the OptionsOption, shall, without further action of the BoardBoard of Directors of the Company, be adjusted to reflect such event unless the Board determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be madeevent. The Administrator may Company shall make appropriate adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to adjustment of the Options Option as a result of the stock dividend, stock split or reverse stock split.

Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of shares covered by and the exercise price and other terms of the Options, Restricted Shares shall, without further action of the Boardany party, be adjusted to reflect such event unless the Board determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be madeevent. The Administrator may Company shall make reasonable adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to the Options Restricted Shares as a result of the stock dividend, stock split or reverse stock split; provided that such adjustments do not result in the issuance of fractional Restricted Shares.

Stock Dividend, Stock Split and Reverse Stock Split. Upon In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stockcommon stock of the Company, the number of shares covered by and the exercise price and other terms of the OptionsOption, shall, without further action of the BoardBoard of Directors of the Company, be adjusted to reflect such event unless the Board determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be madeevent. The Administrator may Company shall make appropriate adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to adjustment of the Options Option as a result of the stock dividend, stock split split, or reverse stock split.

Stock Dividend, Stock Split and Reverse Stock Split. Upon In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stockcommon stock of the Company, the number of shares covered by and the exercise price and other terms of the OptionsOption, shall, without further action of the BoardBoard of Directors of the Company, be adjusted to reflect such event unless the Board determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be madeevent. The Administrator Company may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to adjustment of the Options Option as a result of the stock dividend, stock split or reverse stock split.

Stock Dividend, Stock Split and Reverse Stock Split. Upon In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of shares covered by and the exercise price and other terms of the Options, shall, without further action of the Board, be adjusted to reflect such event unless the Board Administrator determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be made. The Administrator may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to the Options as a result of the stock dividend, stock split or reverse stock split.