Common use of Adjustment for Capital Changes Clause in Contracts

Adjustment for Capital Changes. In case the number of outstanding shares of the Company's capital stock is changed as a result of a stock dividend, stock split, recapitalization, combination, subdivision, issuance of rights or other similar corporate change, the Board shall make an appropriate adjustment in the aggregate number of Shares subject to, and the Option Price of, any then outstanding Option.

Appears in 5 contracts

Samples: Employment Agreement (Cdi Corp), Employment Agreement (Cdi Corp), Non Qualified Stock Option Agreement (Cdi Corp)

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Adjustment for Capital Changes. In case the number of outstanding shares of the Company's ’s capital stock is changed as a result of a stock dividend, stock split, recapitalization, combination, subdivision, issuance of rights or other similar corporate change, the Board shall make an appropriate adjustment in the aggregate number of Shares subject to, and the Option Price of, any then outstanding Option.

Appears in 2 contracts

Samples: Employment Agreement (Cdi Corp), Employment Agreement (Cdi Corp)

Adjustment for Capital Changes. In case the number of outstanding shares of the Company's capital stock is changed as a result of a stock dividend, stock split, recapitalization, combination, subdivision, issuance of rights or other similar corporate change, the Board shall make an appropriate adjustment in the aggregate number of Shares subject to, and the Option Price of, any then outstanding OptionOption and the Group II Threshold.

Appears in 1 contract

Samples: Employment Agreement (Cdi Corp)

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Adjustment for Capital Changes. In case the number of outstanding shares of the Company's capital stock is changed as a result of a stock dividend, stock split, recapitalization, combination, subdivision, issuance of rights or other similar corporate change, the Board shall make an appropriate adjustment adjust- ment in the aggregate number of Shares subject to, and the Option Price of, any then outstanding Option.

Appears in 1 contract

Samples: Employment Agreement (Cdi Corp)

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