Common use of Adjustment in Provisions Clause in Contracts

Adjustment in Provisions. In the event that there are any changes in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the Committee, if necessary, to reflect equitably such change or changes.

Appears in 4 contracts

Samples: Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp), Consulting Agreement (Parametric Technology Corp)

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Adjustment in Provisions. In the event that there are any changes in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the Committee, if necessary, to reflect equitably such change or changes.. PARAMETRIC TECHNOLOGY CORPORATION

Appears in 3 contracts

Samples: Restricted Stock Agreement (Parametric Technology Corp), Restricted Stock Agreement (Parametric Technology Corp), Restricted Stock Agreement (Parametric Technology Corp)

Adjustment in Provisions. In the event that there are any changes in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stock, the divisions number of shares of Restricted Stock into parts, the provisions for termination of restrictions on parts of Restricted Stock, and any other RSUs and/or relevant portions of this Agreement shall be appropriately adjusted by the Committee, if necessary, to reflect equitably such change or changes.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (PTC Inc.), Restricted Stock Unit Agreement (PTC Inc.)

Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock common stock of the Company by reason of a stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares shares, or other such transaction affecting the Company’s Common Stockcommon stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on relevant parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the CommitteeCompany, if necessary, to reflect equitably such change or changesin a fair manner.

Appears in 2 contracts

Samples: Master Consulting Agreement, Restricted Stock Award Agreement (Sterling Construction Co Inc)

Adjustment in Provisions. In the event that there are any changes in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s 's Common Stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the Committee, if necessary, to reflect equitably such change or changes.

Appears in 1 contract

Samples: Restricted Stock Agreement (National Dentex Corp /Ma/)

Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares a Recapitalization or other such transaction affecting the Company’s Common Stock, the divisions of shares of Restricted Common Stock into partsportions, the provisions for termination of restrictions on parts portions of Restricted the Common Stock, and any other relevant portions parts of this Agreement shall may be appropriately adjusted by the CommitteePlan Administrator, if necessary, to reflect equitably such change or changeschange.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (LogicMark, Inc.)

Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock common stock of the Company by reason of a stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stockcommon stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on relevant parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the CommitteeCompany, if necessary, to reflect equitably such change or changesin a fair manner.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sterling Construction Co Inc)

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Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock of the Company by reason of stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stock, the divisions of shares of Restricted Stock into partsportions, the provisions for termination of restrictions on parts portions of the Restricted Stock, and any other relevant portions parts of this Agreement shall be appropriately adjusted by the Committee, if necessary, to reflect equitably such change or changeschange.

Appears in 1 contract

Samples: Restricted Stock Agreement (Cambridge Bancorp)

Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock common stock of the Company by reason of a stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stockcommon stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on relevant parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the CommitteeCompany, if necessary, to reflect equitably such the change or changesequitably.

Appears in 1 contract

Samples: Restricted Stock Agreement (Sterling Construction Co Inc)

Adjustment in Provisions. In the event that there are Upon any changes change from time to time in the outstanding Common Stock common stock of the Company by reason of a stock dividend, extraordinary cash dividend, recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination, exchange of shares or other such transaction affecting the Company’s Common Stockcommon stock, the divisions of shares of Restricted Stock into parts, the provisions for termination of restrictions on relevant parts of Restricted Stock, and any other relevant portions of this Agreement shall be appropriately adjusted by the CommitteeCompany, if necessary, to reflect equitably such change or changesequitably.

Appears in 1 contract

Samples: Restricted Stock Agreement (Sterling Construction Co Inc)

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