Adjustment in the Event of Change in Stock; Change in Control. On the occurrence of one of the events specified under Article L.225-181 of the French Code de commerce, the Company or the empowered corporate body may make such adjustments as it considers appropriate to restore the value of the Qualified RSUs. An adjustment made under this rule shall only be permissible to the extent that it is intended to, and that its sole effect is to, restore the value of the Qualified RSUs and it is made in compliance with the rules set out in the French Code de commerce.
Appears in 6 contracts
Samples: Restricted Stock Unit Agreement (TripAdvisor, Inc.), Restricted Stock Unit Agreement (TripAdvisor, Inc.), Restricted Stock Unit Agreement (TripAdvisor, Inc.)
Adjustment in the Event of Change in Stock; Change in Control. On the occurrence of one of the events specified under Article L.225-181 of the French Code de commerce, the Company or the empowered corporate body may make such adjustments as it considers appropriate to restore the value of the Qualified RSUsPSUs. An adjustment made under this rule shall only be permissible to the extent that it is intended to, and that its sole effect is to, restore the value of the Qualified RSUs PSUs and it is made in compliance with the rules set out in the French Code de commerce.
Appears in 1 contract
Samples: Performance Restricted Stock Unit Agreement (TripAdvisor, Inc.)
