Common use of Adjustment in Capitalization Clause in Contracts

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 19 contracts

Samples: Performance Based Restricted Stock Unit Agreement (OPENLANE, Inc.), Performance Based Restricted Stock Unit Agreement (KAR Auction Services, Inc.), Performance Based Restricted Stock Unit Agreement (KAR Auction Services, Inc.)

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Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the CommitteeBoard.

Appears in 8 contracts

Samples: Time Based Restricted Stock Agreement, Restricted Stock Agreement (SPX Corp), Time Based Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 7 contracts

Samples: Performance Based Restricted Stock Agreement, External Performance Based Restricted Stock Agreement (SPX Corp), Performance Based Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 6 contracts

Samples: Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall may be equitably adjusted by the Committee, in its sole discretion.

Appears in 3 contracts

Samples: Restricted Stock Agreement (SPX Corp), Supplemental Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp)

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Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units subject to this Agreement shall may be equitably adjusted by the CommitteeCommittee (as defined below), in its sole discretion.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units Shares subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 1 contract

Samples: Employment Agreement (U-Swirl, Inc.)

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