Adjustment of Shares. (a) If at any time while unexercised Options are outstanding hereunder, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of shares, then and in such event appropriate adjustment shall be made in the number of Shares and the exercise price per Share thereof then subject to this Option, so that the same proportion of the Company's issued and outstanding shares shall remain subject to purchase at the same aggregate exercise price.
Appears in 18 contracts
Samples: Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc), Nonqualified Stock Option Agreement (Firstplus Financial Group Inc)
Adjustment of Shares. (a) If at any time while an unexercised Options are Option is outstanding hereunder, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of shares, then and in such event appropriate proportionate adjustment shall be made in the number of Shares and the exercise price per Share thereof then subject to this Option, so that the same proportion of the Company's issued and outstanding shares shall remain subject to purchase at the same aggregate exercise price.
Appears in 5 contracts
Samples: Stock Option Agreement (Authoriszor Inc), Stock Option Agreement (Authoriszor Inc), Stock Option Agreement (Authoriszor Inc)
Adjustment of Shares. (aA) If at any time while unexercised Options are outstanding hereunder, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of shares, then and in such event appropriate adjustment shall be made in the number of Shares and the exercise price per Share thereof then subject to this Option, so that the same proportion of the Company's issued and outstanding shares shall remain subject to purchase at the same aggregate exercise price.
Appears in 3 contracts
Samples: Nonqualified Stock Option Agreement (Rac Financial Group Inc), Nonqualified Stock Option Agreement (Rac Financial Group Inc), Nonqualified Stock Option Agreement (Rac Financial Group Inc)
Adjustment of Shares. (a) If at any time while an unexercised Options are outstanding hereunderportion of the Option is outstanding, there shall be any increase or decrease in the number of issued and outstanding shares of Common Stock through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of sharesshares of Common Stock, then and in such event appropriate adjustment shall be made in the number of Shares and the exercise price per Share thereof then subject to this the Option, so that the same proportion percentage of the Company's issued and outstanding shares of Common Stock shall remain subject to purchase at the same aggregate exercise price.
Appears in 1 contract
Samples: Full House (Full House Resorts Inc)