Adjustment of Number of Shares Covered by Options. In the case of Conversion Awards of nonqualified stock options or incentive stock options to acquire shares of shares of Manor Care Common Stock or Choice Common Stock, the total number of shares that may be acquired with respect to each such company shall be adjusted as necessary to maintain the Aggregate Spread and ratio described in Section 2.04(f)(iii).
Appears in 3 contracts
Samples: Matters Allocation Agreement (Choice Hotels Holdings Inc), Choice Hotels Holdings Inc, Choice Hotels Holdings Inc
Adjustment of Number of Shares Covered by Options. In the case ------------------------------------------------- of Conversion Awards of nonqualified stock options or incentive stock options to acquire shares of shares of Manor Care Sunburst Common Stock or Choice Common Stock, the total number of shares that may be acquired with respect to each such company shall be adjusted as necessary to maintain the Aggregate Spread and ratio described in Section 2.04(f)(iii2.04(e)(iii).
Appears in 2 contracts
Samples: Allocation Agreement (Choice Hotels Franchising Inc), Allocation Agreement (Choice Hotels International Inc)