Common use of Adjustment in Option Clause in Contracts

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 7 contracts

Samples: Stock Option Agreement (Aptera Motors Corp), Stock Option Agreement (GeoVax Labs, Inc.), Stock Option Agreement (GeoVax Labs, Inc.)

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Adjustment in Option. The number of Shares shares subject to this Option, -------------------- the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 6 contracts

Samples: Stock Option Agreement (Intercept Group Inc), Stock Option Agreement (Intercept Group Inc), Stock Option Agreement (Intercept Group Inc)

Adjustment in Option. The number of Shares shares of Stock subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 6 contracts

Samples: Stock Option Agreement (Caremark Rx Inc), Stock Option Agreement (Orthalliance Inc), Stock Option Agreement (North American Galvanizing & Coatings Inc)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price Price, and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 Sections 4, 6, 9, 10, 11 and 14 of the Plan. In the event of a Change of Control, (i) this Option will automatically vest in full and (ii) any performance conditions imposed with respect to this Option shall be deemed to be fully achieved immediately prior to the consummation of the Change of Control.

Appears in 4 contracts

Samples: Stock Option Agreement (BayFirst Financial Corp.), Stock Option Agreement (BayFirst Financial Corp.), Stock Option Agreement (HCSB Financial Corp)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price Price, and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 4 of the Plan.

Appears in 3 contracts

Samples: Yadkin Financial Corporation (YADKIN FINANCIAL Corp), Stock Option Agreement (First Community Corp /Sc/), Stock Option Agreement (Southern First Bancshares Inc)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Option Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 3 contracts

Samples: Option Assumption Agreement (First Sterling Banks Inc), Stock Option Agreement (First Sterling Banks Inc), Stock Option Agreement (First Sterling Banks Inc)

Adjustment in Option. The number of Shares shares subject to this Option, the -------------------- Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 2 contracts

Samples: Stock Option Agreement (Intercept Group Inc), Stock Option Agreement (Intercept Group Inc)

Adjustment in Option. The number of Shares subject to this Option, the -------------------- Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Netzee Inc)

Adjustment in Option. The number of Shares shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 Sections 15 and 16 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Tekgraf Inc)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 11 of the Plan.

Appears in 1 contract

Samples: Director Stock Option Agreement (Towne Services Inc)

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Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 3.2 of the Plan.

Appears in 1 contract

Samples: Geovax Labs (GeoVax Labs, Inc.)

Adjustment in Option. The number of Shares subject to this Optionthe Options, the Exercise Price and other matters are subject to adjustment during the term of this Option the Options in accordance with Section 5.2 4(c) of the Plan.

Appears in 1 contract

Samples: Employment Agreement (Proassurance Corp)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment by the Committee during the term of this Option at the same times as, and in the same manner as, options granted under the Plan, in accordance with the provisions of Section 5.2 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Ebank Financial Services Inc)

Adjustment in Option. The number of Shares subject to this Option, --------------------- the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (American Bingo & Gaming Corp)

Adjustment in Option. The number of Shares shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 Sections 9 and 10 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Xethanol Corp)

Adjustment in Option. The number of Shares subject to this Option, the Exercise Price and other matters are subject to adjustment during the term of this Option in accordance with Section 5.2 7 of the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (PFO Global, Inc.)

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