Common use of Adjustments to Shares Clause in Contracts

Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUs, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Quest Resource Holding Corp), Restricted Stock Unit Agreement (Hope Bancorp Inc), Restricted Stock Unit Agreement (Hope Bancorp Inc)

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Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUs, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall may make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Platform Specialty Products Corp), Restricted Stock Unit Agreement (Platform Specialty Products Corp)

Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUsDSUs, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs DSUs then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Unit Agreement (Quest Resource Holding Corp)

Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUs, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company Corporation through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (VBI Vaccines Inc/Bc)

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Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUs, there shall be any increase or decrease in the number of issued and outstanding Shares common stock of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall may, in its sole and absolute discretion, make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Platform Specialty Products Corp)

Adjustments to Shares. If at any time while this Agreement is in effect and before any Shares have been delivered with respect to any RSUsRSU, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of Shares subject to the RSUs then subject pursuant to this AgreementAgreement to preserve but not enhance the value of RSUs. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: 2019 Stock Incentive Plan (PASSUR Aerospace, Inc.)

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