Common use of Adjustment for Changes in Capitalization Clause in Contracts

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.

Appears in 6 contracts

Samples: Agreement (Saia Inc), Employee Nonqualified Stock Option Agreement (Saia Inc), Employee Nonqualified Stock Option Agreement (Saia Inc)

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Adjustment for Changes in Capitalization. In the event that the Committee Board shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock common stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee Board shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusiveoption.

Appears in 3 contracts

Samples: Employee Nonqualified Stock Option Agreement (SCS Transportation Inc), Employee Nonqualified Stock Option Agreement (SCS Transportation Inc), Employee Nonqualified Stock Option Agreement (SCS Transportation Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock common stock of the Company such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of OptioneeEmployee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option Agreement as the Committee shall deem appropriate, and all such adjustments shall be conclusive.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Saia Inc), Performance Unit Award Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.. 12426581 2

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such 603122288 3 adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.. 601509216 2

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that of any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event which affects the shares of Common Stock or the value of the Stock Appreciation Rights, the Committee shall make such that an adjustment is as it considers appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriateAwardee, and all such adjustments adjustment shall be conclusivebecome effective for purposes of these Stock Appreciation Rights without any action by Awardee and without the requirement for any consent by Awardee.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Nuvox Inc /De/)

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Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.. 601508576

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or 602919640 enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

Adjustment for Changes in Capitalization. In the event that the Committee shall determine that any recapitalization, reorganization, merger, consolidation, spin-off, combination, repurchase or share exchange, stock split or stock dividend or other similar corporate transaction or event affects the shares of Common Stock such that an adjustment is appropriate in order to prevent dilution or enlargement of the rights of Optionee, then the Committee shall make such adjustments in the number and kind of shares and in the exercise price under this option as the Committee shall deem appropriate, and all such adjustments shall be conclusive.. 12426580 2

Appears in 1 contract

Samples: Employee Nonqualified Stock Option Agreement (Saia Inc)

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