Common use of Adjustment of and Changes in Common Stock of the Corporation Clause in Contracts

Adjustment of and Changes in Common Stock of the Corporation. In the event of a reorganization, recapitalization, change of shares, stock split, spin-off, stock dividend, reclassification, subdivision or combination of shares, merger, consolidation, rights offering, or any other change in the corporate structure or shares of the Corporation, the Committee shall make such adjustment as it deems appropriate in the number and kind of shares that constitute the Granted Shares.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Aqua America Inc), Restricted Stock Grant Agreement (Aqua America Inc), Restricted Stock Grant Agreement (Aqua America Inc)

AutoNDA by SimpleDocs

Adjustment of and Changes in Common Stock of the Corporation. In the event of a reorganization, recapitalization, change of shares, stock split, spin-off, stock dividend, reclassification, subdivision or combination of shares, merger, consolidation, rights offering, or any other change in the corporate structure or shares of the Corporation, the Committee shall will make such adjustment as it deems appropriate in the number and kind of shares that constitute subject to the Granted SharesGrants, the option price or other terms and conditions applicable to dividend equivalents.

Appears in 2 contracts

Samples: Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc), Incentive Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc)

AutoNDA by SimpleDocs

Adjustment of and Changes in Common Stock of the Corporation. In the event of a reorganization, recapitalization, change of shares, stock split, spin-off, stock dividend, reclassification, subdivision or combination of shares, merger, consolidation, rights offering, or any other change in the corporate structure or shares of the Corporation, the Committee shall may make such adjustment as it deems appropriate in the number and kind of shares that constitute subject to the Granted SharesGrants, the option price or other terms and conditions applicable to dividend equivalents.

Appears in 1 contract

Samples: Incentive Stock Option and Dividend Equivalent Grant Agreement (Aqua America Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!