Common use of STOCK OPTION ADJUSTMENTS Clause in Contracts

STOCK OPTION ADJUSTMENTS. Conexant Common Stock Options outstanding at the time of the Distribution will be adjusted in accordance with the terms of the Employee Matters Agreement.

Appears in 3 contracts

Samples: Tax Allocation Agreement (Alpha Industries Inc), Tax Allocation Agreement (Conexant Systems Inc), Tax Allocation Agreement (Skyworks Solutions Inc)

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STOCK OPTION ADJUSTMENTS. Conexant Common Stock Options outstanding at the time of the Distribution will be adjusted in accordance with the terms of the Employee Matters Agreement. Conexant Restricted Shares outstanding at the time of the Distribution will be adjusted in accordance with the terms of the underlying plan and award for such Conexant Restricted Shares and the Distribution Agreement.

Appears in 2 contracts

Samples: Tax Allocation Agreement (Mindspeed Technologies Inc), Tax Allocation Agreement (Mindspeed Technologies Inc)

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