Common use of Change in Capital Structure Clause in Contracts

Change in Capital Structure. The terms of this Agreement, including the number of shares of Stock subject to this RSU shall be adjusted as the Board determines is equitably required in the event the Company effects one or more stock dividends, spinoffs, recapitalizations, stock splits, combinations, exchanges or consolidations of shares or other similar changes in capitalization.

Appears in 11 contracts

Samples: Employment Agreement (Shift Technologies, Inc.), 2020 Omnibus Equity Compensation Plan (Shift Technologies, Inc.), Employment Agreement (Shift Technologies, Inc.)

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Change in Capital Structure. The terms of this Agreement, including the number of shares of Stock subject to this RSU shall be adjusted as the Board Administrator determines is equitably required in the event the Company effects one or more stock dividends, spinoffs, recapitalizations, stock splits, combinations, exchanges or consolidations of shares or other similar changes in capitalization.

Appears in 9 contracts

Samples: Employment Agreement (Shift Technologies, Inc.), Rsu Agreement (Shift Technologies, Inc.), Employment Agreement (Shift Technologies, Inc.)

Change in Capital Structure. The terms of this Agreement, including the number of shares of Stock subject to this RSU shall be adjusted as the Board determines is equitably required in the event the Company effects one or more stock dividends, spinoffs, recapitalizations, stock splits, combinations, exchanges subdivisions or consolidations of shares or other similar changes in capitalization.

Appears in 2 contracts

Samples: Omnibus Equity Compensation Plan (International Money Express, Inc.), Omnibus Equity Compensation Plan (International Money Express, Inc.)

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Change in Capital Structure. The terms of this Agreement, including the number of shares of Stock subject to this RSU and the applicable performance objectives shall be adjusted as the Board Administrator determines in good faith is equitably required in the event the Company effects one or more stock dividends, spinoffs, recapitalizations, stock splits, combinations, exchanges or consolidations of shares or other similar changes in capitalization.

Appears in 1 contract

Samples: Inducement Grant Agreement (Shift Technologies, Inc.)

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