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 or any spin-off of one or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stock, 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.

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 shares, spin-off transaction, merger, reorganization, consolidation, reclassification or change in par value, or any other change unusual or infrequently occurring event affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration or any spin-off of one or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stockconsideration, appropriate then equitable adjustments shall be made by the Plan Administrator to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price Price, in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

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 shares, spin-off transaction or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration or any should the value of outstanding shares of Common Stock be substantially reduced as a result of a spin-off of one transaction or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stockan extraordinary dividend or distribution, appropriate adjustments shall be made by the Plan Administrator 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. The determination of the Plan Administrator shall be final, binding and conclusive.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any merger, reorganization, consolidation, stock split, stock dividend, recapitalization, separation, split-up, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the CorporationCompany’s receipt of consideration or any spin-off of one or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stockconsideration, appropriate adjustments in accordance with Code Sections 409A and 422 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.

Adjustment in Option Shares. Should any change be made to the Common Stock by reason of any recapitalization, reclassification, stock splitcombination, stock dividend, recapitalizationstock split, combination of sharesreverse stock split, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration or any spin-off of one or more Subsidiaries result (resulting in a substantial reduction in the Fair Market Value per share value of the outstanding Common Stock), appropriate extraordinary corporate distribution or other similar transactions, then equitable adjustments shall be made by the Administrator to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price Price. The adjustments shall be made in such manner as the Administrator deems appropriate in order to reflect such change and thereby preclude a prevent the dilution or enlargement of benefits hereunder, and those adjustments shall be final, binding and conclusive upon Optionee and any other person or persons having an interest in the option.

Adjustment in Option Shares. Should In the event any change be is made to the Corporation's outstanding Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares shares, or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration or any spin-off of one or more Subsidiaries result in a substantial reduction in the Fair Market Value per share of the outstanding Common Stockconsideration, then appropriate adjustments shall be made to (i) the total number and/or class of securities Option Shares subject to this option and option, (ii) the Exercise number of Option Shares for which this option is to be exercisable from and after each installment date specified in the Grant Notice and (iii) the Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.