Common use of ADJUSTMENT OF AND CHANGES IN SHARES OF STOCK Clause in Contracts

ADJUSTMENT OF AND CHANGES IN SHARES OF STOCK. In the event of any merger, consolidation, recapitalization, reclassification, stock dividend, extraordinary dividend, or other event or change in corporate structure affecting the shares of Stock, the Committee shall make such adjustments, if any, as it deems appropriate in the number and class of shares subject to the Stock Units. The foregoing adjustments shall be determined by the Committee in its sole discretion.

Appears in 15 contracts

Samples: Stock Unit Grant Agreement (Orthofix Medical Inc.), Stock Unit Grant Agreement (Orthofix Medical Inc.), Stock Unit Grant Agreement (Orthofix Medical Inc.)

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ADJUSTMENT OF AND CHANGES IN SHARES OF STOCK. In the event of any merger, consolidation, recapitalization, reclassification, stock dividend, extraordinary dividend, or other event or change in corporate structure affecting the shares of Stock, the Committee shall make such adjustments, if any, as it deems appropriate in the number and class of shares subject to to, and the Stock UnitsOption Price of, the Option. The foregoing adjustments shall be determined by the Committee in its sole discretion.

Appears in 9 contracts

Samples: Nonqualified Stock Option Grant Agreement (Orthofix Medical Inc.), Stock Option Grant Agreement (Orthofix Medical Inc.), Nonqualified Stock Option Grant Agreement (Orthofix Medical Inc.)

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ADJUSTMENT OF AND CHANGES IN SHARES OF STOCK. In the event of any merger, consolidation, recapitalization, reclassification, stock dividend, extraordinary dividend, or other event or change in corporate structure affecting the shares of Stock, the Committee shall make such adjustments, if any, as it deems appropriate in the number and class of shares subject to the Restricted Stock Units. The foregoing adjustments shall be determined by the Committee in its sole discretion.

Appears in 2 contracts

Samples: Inducement Restricted Stock Unit Grant Agreement (Orthofix Medical Inc.), Employee Stock Unit Grant Agreement

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