Common use of Adjustment of Option Shares Clause in Contracts

Adjustment of Option Shares. The foregoing number of shares covered by any Option shall be appropriately adjusted in the event of a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or similar change in the capital structure of the Bank that occurs between the Effective Date of this Agreement and the date on which the Option is granted.

Appears in 2 contracts

Samples: Employment Agreement (Community West Bancshares /), Employment & Human Resources (Community West Bancshares /)

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Adjustment of Option Shares. The foregoing number of --------------------------- shares covered by any Option shall be appropriately adjusted in the event of a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or similar change in the capital structure of the Bank that occurs between the Effective Date of this Agreement and the date on which the Option is granted.

Appears in 1 contract

Samples: Employment Agreement (Community West Bancshares /)

Adjustment of Option Shares. The foregoing number of shares covered by any Option shall be appropriately adjusted in the event of a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or similar change in the capital structure of the Bank that occurs between after the Effective Date of this Agreement and in accordance with the date on which terms of the Option is grantedPlan and Option Agreement.

Appears in 1 contract

Samples: Employment Agreement (Community West Bancshares /)

Adjustment of Option Shares. The foregoing All references to the number of shares covered by any Option Shares shall be appropriately adjusted in the event of a stock split, reverse to reflect any stock split, stock dividend, combination or reclassification of the Common Stockconsolidation, or similar other change in the capital structure number of common shares held by the Bank that occurs between Shareholder which may be made by the Effective Date Company after the date of this Agreement and the date on which the Option is grantedAgreement.

Appears in 1 contract

Samples: Call Option Agreement (THAIHOT Investment Co LTD)

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Adjustment of Option Shares. The foregoing number of shares covered by any an Option shall be appropriately adjusted in the event of a stock split, reverse stock split, stock dividend, combination or reclassification of the Common Stock, or similar change in the capital structure of the Bank that occurs between the Effective Date of this Agreement and the date on which the Option is granted.

Appears in 1 contract

Samples: Employment Agreement (Community West Bancshares /)

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