Common use of Adjustments to Awards Clause in Contracts

Adjustments to Awards. If any reorganization, merger, consolidation, recapitalization, liquidation, reclassification, stock split, combination of shares, rights offering or divestiture (including a spin-off) or any other similar change in the corporate structure or shares of the Company occurs, the Board, in order to prevent dilution or enlargement of your rights, will make appropriate adjustment (which determination will be conclusive) in the number of Restricted Stock Units credited to your Account and/or as to the number and kind of securities or other property (including cash) subject to the Restricted Stock Units; provided, however, that any such securities or other property distributable with respect to the Restricted Stock Units shall be, unless otherwise determined by the Board, distributed to you in the manner described in Section 4 and shall, together with the Restricted Stock Units, otherwise be subject to the provisions of Sections 3 and 5 and the other terms and conditions of this Agreement.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Nash Finch Co), Restricted Stock Unit Award Agreement (Nash Finch Co), Restricted Stock Unit Award Agreement (Nash Finch Co)

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