Common use of Adjustments to Shares Clause in Contracts

Adjustments to Shares. If at any time while this Agreement is in effect, there shall be any increase or decrease in the number of issued and outstanding shares of the Company’s common stock 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 shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Rti Surgical, Inc.), Stand Alone Restricted Stock Award Agreement (Rti Surgical, Inc.), Restricted Stock Award Agreement (Rti Surgical, Inc.)

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Adjustments to Shares. If at any time while this Agreement is in effecteffect and before any Shares have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock of the Company’s common stock Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination combination, or exchange of such sharesshares of Common Stock, then and in that event, the Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Shares subject to the Restricted Stock Units then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Stock Option Agreement, Restricted Stock Unit Agreement (Surna Inc.), Option Agreement (Lifelock, Inc.)

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Adjustments to Shares. If at any time while this Agreement is in effecteffect and before any Shares have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding shares Shares of the Company’s common stock Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such sharesShares, 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 of Shares subject to the Restricted Stock Units 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 (Vocus, Inc.)

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