{"component": "definition", "props": {"groups": [{"snippet": "means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other Company securities) or the share price of Common Stock (or other Company securities) and causes a change in the per share value of the Common Stock underlying outstanding Awards.", "samples": [{"hash": "g16GxpBFSU6", "uri": "/contracts/g16GxpBFSU6#equity-restructuring", "label": "Merger Agreement (Northern Genesis Acquisition Corp. II)", "score": 32.4743309021, "published": true}, {"hash": "92ThP8dvg4A", "uri": "/contracts/92ThP8dvg4A#equity-restructuring", "label": "Transaction Agreement (Horizon Acquisition Corp)", "score": 32.315536499, "published": true}, {"hash": "2zlTVQ16g50", "uri": "/contracts/2zlTVQ16g50#equity-restructuring", "label": "Business Combination Agreement (Ascendant Digital Acquisition Corp.)", "score": 32.1649551392, "published": true}], "size": 1238, "snippet_links": [{"key": "the-company", "type": "definition", "offset": [42, 53]}, {"key": "stock-dividend", "type": "definition", "offset": [86, 100]}, {"key": "stock-split", "type": "definition", "offset": [102, 113]}, {"key": "cash-dividend", "type": "clause", "offset": [174, 187]}, {"key": "other-company-securities", "type": "definition", "offset": [235, 259]}, {"key": "price-of-common-stock", "type": "clause", "offset": [274, 295]}, {"key": "a-change-in", "type": "definition", "offset": [337, 348]}, {"key": "per-share-value", "type": "definition", "offset": [353, 368]}, {"key": "the-common-stock", "type": "clause", "offset": [372, 388]}, {"key": "outstanding-awards", "type": "clause", "offset": [400, 418]}], "hash": "05800848af2fa86a0a4da6fa1b6e924e", "id": 1}, {"snippet": "means a non-reciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the shares of Common Stock (or other securities of the Company) or the share price thereof and causes a change in the per share value of the shares underlying outstanding Awards.", "samples": [{"hash": "3Zuf4TQXPoD", "uri": "https://www.sec.gov/Archives/edgar/data/1640043/000149315226014641/ex4-21.htm", "label": "Equity Incentive Plan (Pyxis Tankers Inc.)", "score": 23.2464065552, "published": false}, {"hash": "3AKrmcQU0DR", "uri": "https://www.sec.gov/Archives/edgar/data/1430725/000114036126009637/exhibit48.htm", "label": "Incentive Plan (Global Ship Lease, Inc.)", "score": 23.2026004791, "published": false}, {"hash": "jaKpH1N1BW5", "uri": "https://www.sec.gov/Archives/edgar/data/1596993/000159699322000028/lpg-20220331ex101eb0d53.htm", "label": "Equity Incentive Plan (Dorian LPG Ltd.)", "score": 21.4161529541, "published": false}], "size": 344, "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "stock-dividend", "type": "definition", "offset": [87, 101]}, {"key": "stock-split", "type": "definition", "offset": [103, 114]}, {"key": "rights-offering", "type": "definition", "offset": [126, 141]}, {"key": "cash-dividend", "type": "clause", "offset": [192, 205]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [224, 246]}, {"key": "securities-of-the-company", "type": "clause", "offset": [257, 282]}, {"key": "share-price", "type": "definition", "offset": [291, 302]}, {"key": "a-change-in", "type": "definition", "offset": [322, 333]}, {"key": "value-of-the-shares", "type": "clause", "offset": [348, 367]}, {"key": "outstanding-awards", "type": "clause", "offset": [379, 397]}], "hash": "51c2644b22bfc1af208da7fc391076d9", "id": 2}, {"snippet": "means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per-share value of the Common Stock underlying outstanding Awards.", "samples": [{"hash": "7WWZQcXMcuf", "uri": "/contracts/7WWZQcXMcuf#equity-restructuring", "label": "Business Combination Agreement (Broadstone Acquisition Corp.)", "score": 32.4414787292, "published": true}, {"hash": "8nHXAjTTyf9", "uri": "/contracts/8nHXAjTTyf9#equity-restructuring", "label": "Merger Agreement (Conyers Park II Acquisition Corp.)", "score": 31.6858310699, "published": true}, {"hash": "bTwyOW8dKvl", "uri": "/contracts/bTwyOW8dKvl#equity-restructuring", "label": "Merger Agreement (Acamar Partners Acquisition Corp.)", "score": 29.8062973022, "published": true}], "size": 219, "snippet_links": [{"key": "stock-dividend", "type": "definition", "offset": [86, 100]}, {"key": "stock-split", "type": "definition", "offset": [102, 113]}, {"key": "rights-offering", "type": "definition", "offset": [125, 140]}, {"key": "cash-dividend", "type": "clause", "offset": [191, 204]}, {"key": "securities-of-the-company", "type": "clause", "offset": [258, 283]}, {"key": "price-of-common-stock", "type": "clause", "offset": [298, 319]}, {"key": "a-change-in", "type": "definition", "offset": [353, 364]}, {"key": "share-value", "type": "clause", "offset": [373, 384]}, {"key": "the-common-stock", "type": "clause", "offset": [388, 404]}, {"key": "outstanding-awards", "type": "clause", "offset": [416, 434]}], "hash": "f994a4cefe59317a957c1b80b8fccfdb", "id": 3}, {"snippet": "means a nonreciprocal transaction between the Company and its shareholders, such as a share dividend, share split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other Company securities) or the price of Shares (or other Company securities) and causes a change in the per share value of the Shares underlying outstanding Awards.", "samples": [{"hash": "e4glXLnjkkK", "uri": "/contracts/e4glXLnjkkK#equity-restructuring", "label": "Restricted Share Unit Grant Notice (F-Star Therapeutics, Inc.)", "score": 33.1615333557, "published": true}, {"hash": "2o2i4bwQi3K", "uri": "https://www.sec.gov/Archives/edgar/data/1657312/000110465923054551/tm2314238d1_ex10-1.htm", "label": "Incentive Award (Verona Pharma PLC)", "score": 22.3278579712, "published": false}, {"hash": "k92wO4ETdvo", "uri": "https://www.sec.gov/Archives/edgar/data/1761612/000155837023002238/bcyc-20221231xex10d6.htm", "label": "Equity Incentive Plan (BICYCLE THERAPEUTICS PLC)", "score": 20.1581115723, "published": false}], "size": 118, "snippet_links": [{"key": "the-company", "type": "definition", "offset": [42, 53]}, {"key": "share-dividend", "type": "definition", "offset": [86, 100]}, {"key": "share-split", "type": "definition", "offset": [102, 113]}, {"key": "rights-offering", "type": "definition", "offset": [125, 140]}, {"key": "cash-dividend", "type": "clause", "offset": [191, 204]}, {"key": "other-company-securities", "type": "definition", "offset": [252, 276]}, {"key": "price-of-shares", "type": "clause", "offset": [285, 300]}, {"key": "a-change-in", "type": "definition", "offset": [342, 353]}, {"key": "value-of-the-shares", "type": "clause", "offset": [368, 387]}, {"key": "outstanding-awards", "type": "clause", "offset": [399, 417]}], "hash": "38824c84f24166426c4756761ce8bd9a", "id": 4}, {"snippet": "means, as determined by the Administrator, a non-reciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off or recapitalization through a large, nonrecurring cash dividend, or other large, nonrecurring cash dividend, that affects the Shares (or other securities of the Company) or the share price of Shares (or other securities of the Company) and causes a change in the per share value of the Shares underlying outstanding Awards.", "samples": [{"hash": "b0Ow8bXaIXp", "uri": "/contracts/b0Ow8bXaIXp#equity-restructuring", "label": "Merger Agreement (DFP Healthcare Acquisitions Corp.)", "score": 32.4907608032, "published": true}, {"hash": "9hi1UbAqImr", "uri": "https://www.sec.gov/Archives/edgar/data/2064124/000206412425000022/exhibit995-sx8.htm", "label": "Incentive Award (Figure Technology Solutions, Inc.)", "score": 24.6960983276, "published": false}, {"hash": "j2nuUGfkGB3", "uri": "https://www.sec.gov/Archives/edgar/data/2064124/000162828025041089/exhibit106-sx1aexhibitsonly.htm", "label": "Incentive Award (FT Intermediate, Inc.)", "score": 24.646818161, "published": false}], "size": 48, "snippet_links": [{"key": "by-the-administrator", "type": "clause", "offset": [21, 41]}, {"key": "a-non", "type": "clause", "offset": [43, 48]}, {"key": "stock-dividend", "type": "definition", "offset": [124, 138]}, {"key": "stock-split", "type": "definition", "offset": [140, 151]}, {"key": "cash-dividend", "type": "clause", "offset": [212, 225]}, {"key": "securities-of-the-company", "type": "clause", "offset": [305, 330]}, {"key": "price-of-shares", "type": "clause", "offset": [345, 360]}, {"key": "a-change-in", "type": "definition", "offset": [409, 420]}, {"key": "value-of-the-shares", "type": "clause", "offset": [435, 454]}, {"key": "outstanding-awards", "type": "clause", "offset": [466, 484]}], "hash": "a8011b0930454dc6affaca16a3003a59", "id": 5}, {"snippet": "means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other Company securities) or the share price of", "samples": [{"hash": "jUNfalpR50H", "uri": "https://www.sec.gov/Archives/edgar/data/1658247/000156459021061145/crnx-ex101_29.htm", "label": "Crinetics Pharmaceuticals, Inc.", "score": 16.975358963, "published": false}, {"hash": "4qI99Ojsxo2", "uri": "https://www.sec.gov/Archives/edgar/data/1357874/000156459021014005/dtil-ex1014_281.htm", "label": "Precision Biosciences Inc", "score": 16.2087612152, "published": false}, {"hash": "fZG37ufwegv", "uri": "https://ir.crinetics.com/static-files/7eb02a99-eb6d-4a4b-965b-51b27e9fb6a5", "label": "ir.crinetics.com", "score": 10.9876794815, "published": false}], "size": 19, "snippet_links": [{"key": "the-company", "type": "definition", "offset": [42, 53]}, {"key": "stock-dividend", "type": "definition", "offset": [86, 100]}, {"key": "stock-split", "type": "definition", "offset": [102, 113]}, {"key": "cash-dividend", "type": "clause", "offset": [174, 187]}, {"key": "other-company-securities", "type": "definition", "offset": [235, 259]}, {"key": "share-price", "type": "definition", "offset": [268, 279]}], "hash": "78a3dfef08b814bbbf2ebfc79155027e", "id": 6}, {"snippet": "means a non-reciprocal transaction (i.e. a transaction in which the Company does not receive consideration or other resources in respect of the transaction approximately equal to and in exchange for the consideration or resources the Company is relinquishing in such transaction) between the Company and its stockholders, such as a stock split, spin-off, rights offering, nonrecurring stock dividend or recapitalization through a large, nonrecurring cash dividend, that affects the shares of Common Stock (or other securities of the Company) or the share price of Common Stock (or other securities) and causes a change in the per share value of the Common Stock underlying outstanding options.", "samples": [{"hash": "jH4y5p4JgkN", "uri": "https://www.sec.gov/Archives/edgar/data/1486183/000119312512099967/d52593dex1012.htm", "label": "Employee Stock Purchase Plan (Corsair Components, Inc.)", "score": 7.1793293953, "published": false}, {"hash": "Nnnq7COzlW", "uri": "https://www.fi.ee/failid/Prospectus_ebay.pdf", "label": "Employee Stock Purchase Plan", "score": 7.0, "published": false}, {"hash": "2aj08P4GtZP", "uri": "https://www.sec.gov/Archives/edgar/data/1065088/000095013408002077/f37511exv99w1.htm", "label": "Employee Stock Purchase Plan (Ebay Inc)", "score": 5.0, "published": false}], "size": 17, "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "other-resources", "type": "clause", "offset": [110, 125]}, {"key": "in-respect-of", "type": "definition", "offset": [126, 139]}, {"key": "the-transaction", "type": "clause", "offset": [140, 155]}, {"key": "equal-to", "type": "definition", "offset": [170, 178]}, {"key": "in-exchange", "type": "clause", "offset": [183, 194]}, {"key": "the-consideration", "type": "clause", "offset": [199, 216]}, {"key": "stock-split", "type": "definition", "offset": [332, 343]}, {"key": "rights-offering", "type": "definition", "offset": [355, 370]}, {"key": "stock-dividend", "type": "definition", "offset": [385, 399]}, {"key": "cash-dividend", "type": "clause", "offset": [450, 463]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [482, 504]}, {"key": "securities-of-the-company", "type": "clause", "offset": [515, 540]}, {"key": "price-of-common-stock", "type": "clause", "offset": [555, 576]}, {"key": "a-change-in", "type": "definition", "offset": [610, 621]}, {"key": "per-share-value", "type": "definition", "offset": [626, 641]}, {"key": "the-common-stock", "type": "clause", "offset": [645, 661]}, {"key": "outstanding-options", "type": "definition", "offset": [673, 692]}], "hash": "119719c26bac8f7c78f4251103edfefb", "id": 7}, {"snippet": "means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of", "samples": [{"hash": "33ftmj9i4cg", "uri": "https://www.sec.gov/Archives/edgar/data/1403708/000095017023021183/evok-ex10_1.htm", "label": "Equity Incentive Award (Evoke Pharma Inc)", "score": 22.3552360535, "published": false}, {"hash": "5KtRiP8c7IK", "uri": "https://investor.evokepharma.com/static-files/2ca04bc0-945d-4c01-9b60-c8e292b07ef4", "label": "investor.evokepharma.com", "score": 19.568901062, "published": false}, {"hash": "3S9Yk1pSJV5", "uri": "https://www.sec.gov/Archives/edgar/data/1578845/000119312515095546/d891374dex995.htm", "label": "Incentive Award (Actavis PLC)", "score": 14.2046546936, "published": false}], "size": 13, "snippet_links": [{"key": "the-company", "type": "definition", "offset": [42, 53]}, {"key": "stock-dividend", "type": "definition", "offset": [86, 100]}, {"key": "stock-split", "type": "definition", "offset": [102, 113]}, {"key": "rights-offering", "type": "definition", "offset": [125, 140]}, {"key": "cash-dividend", "type": "clause", "offset": [191, 204]}], "hash": "817be1922f88a80f2402b5523c69f601", "id": 8}, {"snippet": "means a dividend or other distribution (whether in the form of cash, Shares, other securities or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate transaction or event that affects the Shares such that an adjustment is necessary in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan.", "samples": [{"hash": "1GAN5dxbu9K", "uri": "https://www.sec.gov/Archives/edgar/data/1766400/000119312519254823/d808277dex47.htm", "label": "Incentive Plan (Pennant Group, Inc.)", "score": 16.7303218842, "published": false}, {"hash": "ae6Bm4uyeT6", "uri": "https://investor.pennantgroup.com/static-files/fe753c82-7e89-4464-a587-16afa6b13929", "label": "Amendment", "score": 13.8733739853, "published": false}, {"hash": "ceJ242Lzsc", "uri": "https://www.sec.gov/Archives/edgar/data/1125376/000112537616000216/ex102cornerstoneomnibusinc.htm", "label": "Incentive Plan (Ensign Group, Inc)", "score": 13.5817928314, "published": false}], "size": 12, "snippet_links": [{"key": "other-distribution", "type": "definition", "offset": [20, 38]}, {"key": "form-of", "type": "definition", "offset": [55, 62]}, {"key": "securities-or-other-property", "type": "definition", "offset": [83, 111]}, {"key": "reverse-stock-split", "type": "definition", "offset": [145, 164]}, {"key": "exchange-of-shares", "type": "clause", "offset": [252, 270]}, {"key": "securities-of-the-company", "type": "clause", "offset": [280, 305]}, {"key": "rights-to-purchase-shares", "type": "clause", "offset": [337, 362]}, {"key": "corporate-transaction", "type": "definition", "offset": [415, 436]}, {"key": "the-shares", "type": "clause", "offset": [459, 469]}, {"key": "in-order-to", "type": "clause", "offset": [507, 518]}, {"key": "the-benefits", "type": "clause", "offset": [554, 566]}, {"key": "potential-benefits", "type": "clause", "offset": [570, 588]}, {"key": "available-under", "type": "clause", "offset": [609, 624]}, {"key": "the-plan", "type": "clause", "offset": [625, 633]}], "hash": "e265ca42c20e4ebadef3851b05f85af4", "id": 9}, {"snippet": "means a non-reciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off, rights offering or recapitalization including any large non-recurring cash dividend, that affects the Stock (or other securities of the Company) or the share price and causes a change in the per share value of the Stock underlying outstanding Awards as determined by the Committee.", "samples": [{"hash": "gvONKs5MJGo", "uri": "https://investor.avinc.com/static-files/6a723456-4d7d-4af5-b87a-5c5c8ca6db65", "label": "investor.avinc.com", "score": 9.1998634338, "published": false}, {"hash": "7VxlWQuamA1", "uri": "https://www.sec.gov/Archives/edgar/data/1368622/000095013407001389/a26735exv4w4.htm", "label": "Equity Incentive Plan (AeroVironment Inc)", "score": 9.0, "published": false}, {"hash": "g5dD4lFsQJr", "uri": "https://www.sec.gov/Archives/edgar/data/1368622/000095013406020327/a22303a1exv10w9.htm", "label": "Equity Incentive Plan (AeroVironment Inc)", "score": 9.0, "published": false}], "size": 11, "snippet_links": [{"key": "a-non", "type": "clause", "offset": [6, 11]}, {"key": "stock-dividend", "type": "definition", "offset": [87, 101]}, {"key": "stock-split", "type": "definition", "offset": [103, 114]}, {"key": "rights-offering", "type": "definition", "offset": [126, 141]}, {"key": "cash-dividend", "type": "clause", "offset": [196, 209]}, {"key": "the-stock", "type": "clause", "offset": [224, 233]}, {"key": "securities-of-the-company", "type": "clause", "offset": [244, 269]}, {"key": "share-price", "type": "definition", "offset": [278, 289]}, {"key": "a-change-in", "type": "definition", "offset": [301, 312]}, {"key": "per-share-value", "type": "definition", "offset": [317, 332]}, {"key": "outstanding-awards", "type": "clause", "offset": [357, 375]}, {"key": "the-committee", "type": "clause", "offset": [393, 406]}], "hash": "e1cee81e0856a8cb0a719c2eec0a03ee", "id": 10}], "next_curs": "CmESW2oVc35sYXdpbnNpZGVyY29udHJhY3Rzcj0LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIdZXF1aXR5LXJlc3RydWN0dXJpbmcjMDAwMDAwMGEMogECZW4YACAA", "definition": {"snippet": "means a nonreciprocal transaction between the Company and its stockholders, such as a stock dividend, stock split, spin-off or recapitalization through a large, nonrecurring cash dividend, that affects the number or kind of Shares (or other Company securities) or the share price of Common Stock (or other Company securities) and causes a change in the per share value of the Common Stock underlying outstanding Awards.", "size": 2181, "title": "Equity Restructuring", "id": "equity-restructuring", "examples": ["In the event of an <strong>Equity Restructuring</strong>, the Committee will equitably adjust the Special Retention Award as it deems appropriate to reflect the <strong>Equity Restructuring</strong>, which may include (i) adjusting the number and type of securities subject to the Special Retention Award; and (ii) adjusting the terms and conditions of the Special Retention Award.", "Notwithstanding any other provision of this Section 6.1, the General Partner shall have the discretion to allocate income, gain, loss and deduction for the taxable year that includes the closing date of the <strong>Equity Restructuring</strong> Agreement in a manner which is reasonably determined to result in each Unit (including the Units issued pursuant to the <strong>Equity Restructuring</strong> Agreement) having the same Per Unit Capital Amount.", "In the event of an <strong>Equity Restructuring</strong>, the Committee will equitably adjust the Restricted Share Unit as it deems appropriate to reflect the <strong>Equity Restructuring</strong>, which may include (i) adjusting the number and type of securities subject to the Restricted Share Unit; and (ii) adjusting the terms and conditions of the Restricted Share Unit.", "Except as expressly provided with respect to an <strong>Equity Restructuring</strong> under Section 9.1 above or the Administrator\u2019s action under the Plan, no issuance by the Company of Shares of any class, or securities convertible into Shares of any class, will affect, and no adjustment will be made regarding, the number of Shares subject to an Award or the Award\u2019s grant or exercise price.", "Except as expressly provided with respect to an <strong>Equity Restructuring</strong> under Section 8.1 or the Administrator\u2019s action under the Plan, no issuance by the Company of Shares of any class, or securities convertible into Shares of any class, will affect, and no adjustment will be made regarding, the number of Shares subject to an Award or the Award\u2019s grant or exercise price.", "In accordance with Section 2.2 of the <strong>Equity Restructuring</strong> Agreement, this Agreement shall be effective concurrently with the Closing (as defined in the <strong>Equity Restructuring</strong> Agreement).", "This amendment and restatement shall become effective on the date of this Agreement simultaneously with the effectiveness of the transactions contemplated by the <strong>Equity Restructuring</strong> Agreement.", "In the event of an <strong>Equity Restructuring</strong>, , the Committee will equitably adjust the Restricted Share Unit as it deems appropriate to reflect the <strong>Equity Restructuring</strong>, which may include (i) adjusting the number and type of securities subject to the Restricted Share Unit; and (ii) adjusting the terms and conditions of the Restricted Share Unit.", "In connection with any <strong>Equity Restructuring</strong>, notwithstanding anything to the contrary in this Article VIII, the Administrator will equitably adjust each outstanding Award as it deems appropriate to reflect the <strong>Equity Restructuring</strong>, which may include adjusting the number and type of securities subject to each outstanding Award and/or the Award\u2019s exercise price or \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 (if applicable), granting new Awards to Participants, and making a cash payment to Participants.", "For purposes of clarity, in connection with an <strong>Equity Restructuring</strong> the Price Per Share Goal shall be subject to Section 8.1 of the Plan."], "related": [["pre-closing-restructuring", "Pre-Closing Restructuring", "Pre-Closing Restructuring"], ["permitted-restructuring", "Permitted Restructuring", "Permitted Restructuring"], ["restructuring-transaction", "Restructuring Transaction", "Restructuring Transaction"], ["restructuring-transactions", "Restructuring Transactions", "Restructuring Transactions"], ["restructuring-event", "Restructuring Event", "Restructuring Event"]], "related_snippets": [], "updated": "2026-04-10T04:42:41+00:00"}, "json": true, "cursor": ""}}