Adjustment of Exercise Price. (1) In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or consolidation of the Common Stock after the Allotment Date of the Options, the Exercise Price shall be adjusted in accordance with the following formula, and any fraction less than one (1) cent resulting from the adjustment shall be rounded up to the nearest one (1) cent: Exercise Price after adjustment = Exercise Price before adjustment x 1 Ratio of split or consolidation
Appears in 19 contracts
Samples: Sony Group Corp, Sony Group Corp, Sony Corp
Adjustment of Exercise Price. (1) In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or consolidation of the Common Stock after the Allotment Date of the OptionsStock Acquisition Rights, the Exercise Price shall be adjusted in accordance with the following formula, and any fraction less than one (1) cent yen resulting from the adjustment shall be rounded up to the nearest one (1) centyen: Exercise Price after adjustment = Exercise Price before adjustment x × 1 Ratio of split or consolidation
Appears in 15 contracts
Adjustment of Exercise Price. (1) In the event case that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) splits or consolidation of the consolidates Common Stock after the Allotment Date issue date of the Options, the Exercise Price shall be adjusted in accordance with the following formula, and any fraction less than one (1) cent resulting from the adjustment shall be rounded up to the nearest one (1) cent: Exercise Price after adjustment = Exercise Price before adjustment x X 1 Ratio of split or consolidation
Appears in 1 contract
Samples: Sony Corp
Adjustment of Exercise Price. (1) In the event case that the Corporation conducts a stock split (including free distribution splits or consolidates shares of shares (musho-wariate)) or consolidation of the Common Stock after the Allotment Date issue date of the Options, the Exercise Price shall be adjusted in accordance with the following formula, formula and any fraction less than one (1) cent resulting from the this adjustment shall be rounded up to the nearest one (1) cent: Exercise Price after adjustment = Exercise Price before X 1 adjustment x 1 adjustment -------- Ratio of split or consolidation
Appears in 1 contract
Samples: Sony Corp
Adjustment of Exercise Price. (1) In the event case that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) splits or consolidation of the consolidates Common Stock after the Allotment Date issue date of the Options, the Exercise Price shall be adjusted in accordance with the following formula, and any fraction less than one (1) cent resulting from the adjustment shall be rounded up to the nearest one (1) cent: Exercise Price after adjustment = Exercise Price before adjustment x 1 adjustment adjustment ------------------- Ratio of split or consolidation
Appears in 1 contract
Samples: Sony Corp
Adjustment of Exercise Price. (1) In the event case that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) splits or consolidation of the consolidates Common Stock after the Allotment Date issue date of the Options, the Exercise Price shall be adjusted in accordance with the following formula, and any fraction less than one (1) cent resulting from the adjustment shall be rounded up to the nearest one (1) cent: Exercise Price after adjustment = Exercise Price before adjustment x 1 Ratio of split or consolidation
Appears in 1 contract
Samples: Sony Corp