Common use of Adjustment in Option Shares Clause in Contracts

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 4 contracts

Samples: Automatic Stock Option Agreement (Genesys Telecommunications Laboratories Inc), Automatic Stock Option Agreement (Multex Com Inc), Automatic Stock Option Agreement (View Tech Inc)

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Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 2 contracts

Samples: Salary Investment Stock Option Agreement (Sequenom Inc), Director Fee Stock Option Agreement (Sequenom Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock issuable under the Plan by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding such Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) then the number and/or and class of securities subject to purchasable under this option and (ii) the Exercise Price in order payable per share shall be appropriately adjusted to reflect such change and thereby preclude a prevent the dilution or enlargement of benefits Optionee's rights hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 2 contracts

Samples: Automatic Stock Option Agreement (Gasonics International Corp), Automatic Stock Option Agreement (Gasonics International Corp)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a any dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Special Non Officer Stock Option Agreement (View Tech Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder appropriate adjustments shall be made to (i) the number and/or class of securities subject to this option the Option and (ii) the Exercise Price Price, but no change shall be made in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the samePrice.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Diamond Jon)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in 4 order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Onyx Acceptance Corp)

Adjustment in Option Shares. (a) Should any change be made to the --------------------------- Class A Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Class A Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Atl Products Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Class A Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Class A Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Atl Products Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Clarify Inc)

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Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's ’s receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Automatic Stock Option Agreement (Tellabs Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares recapitalization or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Vastera Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.be

Appears in 1 contract

Samples: Stock Option Agreement (Corsair Communications Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Genesys Telecommunications Laboratories Inc)

Adjustment in Option Shares. Should any change be made to the --------------------------- Common Stock Ordinary Shares by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock Ordinary Shares as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder; provided, however, that the aggregate Exercise Price shall remain the same.

Appears in 1 contract

Samples: Stock Option Agreement (Barbeques Galore LTD)

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