Common use of Adjustment of Shares Clause in Contracts

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan.

Appears in 27 contracts

Samples: Non Statutory Stock Option Agreement (Consolidated Graphics Inc /Tx/), Non Statutory Stock Option Agreement (Consolidated Graphics Inc /Tx/), Incentive Stock Option Agreement (Consolidated Graphics Inc /Tx/)

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Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall be made by the Committee in its sole discretion to the terms and provisions of the Option as provided in (including, without limitation, adjustments to the Plannumber or type of shares or other property subject to the Option and the applicable Option Price).

Appears in 9 contracts

Samples: Outside Director Stock Option Agreement (Expressjet Holdings Inc), Stock Option Agreement (Expressjet Holdings Inc), Qualified Stock Option Agreement (Expressjet Holdings Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances issuance of rights or warrants and similar transactions or events involving CompanyCompany or a change in the accounting rules required by the Financial Accounting Standards Board, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Basic Energy Services Inc), Nonqualified Stock Option Agreement (Basic Energy Services Inc), Nonqualified Stock Option Agreement (Basic Energy Services Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets assets, or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Companyaffecting the Nonstatutory Stock Option, appropriate adjustments the number of Shares subject to the Nonstatutory Stock Option shall be made appropriately adjusted pursuant to the terms and provisions of the Option as provided in the Plan.

Appears in 4 contracts

Samples: Employment Agreement (Wca Waste Corp), Employment Agreement (Wca Waste Corp), Employment Agreement (Wca Waste Corp)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall may be made to the terms and provisions of the Option as provided in the Plan.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Vaalco Energy Inc /De/), Nonstatutory Stock Option Agreement (Vaalco Energy Inc /De/), Nonstatutory Stock Option Agreement (Vaalco Energy Inc /De/)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall be made to the terms and provisions of the each Option as provided in the Plan.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Global Geophysical Services Inc), Incentive Stock Option Agreement (Global Geophysical Services Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving CompanyCompany or a change in the accounting rules required by the Financial Accounting Standards Board, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan.

Appears in 2 contracts

Samples: Basic Energy Services Inc, Basic Energy Services Inc

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Companycompany, appropriate adjustments shall be made to the terms and provisions of the this Option as provided in the Plan.

Appears in 1 contract

Samples: Employment Agreement (Washington Homes Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall may be made to the terms and provisions of the Option as provided in the PlanSection 19, below.

Appears in 1 contract

Samples: Standalone Nonstatutory Stock Option Award Agreement (Vaalco Energy Inc /De/)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall may be made to the terms and provisions of the Option as provided in Articles 11-14 of the Plan.

Appears in 1 contract

Samples: Vaalco Energy Inc /De/

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Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall may be made to the terms and provisions of the Option SAR as provided in the Plan.

Appears in 1 contract

Samples: Stock Appreciation Rights Award Agreement (Vaalco Energy Inc /De/)

Adjustment of Shares. In the event of stock dividends, spin-offs of or assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving the Company, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Planthis Nonqualified Option.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Tetra Technologies Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving Company, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan. However, such adjustments shall not result in the Option being considered to be deferred compensation subject to Code Section 409A, unless otherwise determined at the discretion of the Company.

Appears in 1 contract

Samples: Option Agreement (Smith International Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving the Company, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan. However, such adjustments shall not result in the Option being considered to be deferred compensation subject to Code Section 409A, unless otherwise determined at the discretion of the Company.

Appears in 1 contract

Samples: Option Agreement (Smith International Inc)

Adjustment of Shares. In the event of stock dividends, spin-offs of assets or other extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving the Company, appropriate adjustments shall be made to the terms and provisions of the Option as provided in the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Resaca Exploitation, Inc.)

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