Adjustment of Option. Except as provided by Section 3(b), adjustments to the Option shall be made in accordance with the terms of the Plan. Fractional shares shall not be issued and any rights thereto shall be forfeited without consideration.
Appears in 4 contracts
Samples: Nonqualified Stock Option Award Agreement (Comverse, Inc.), Nonqualified Stock Option Award Agreement (Comverse, Inc.), Nonqualified Stock Option Award Agreement (Comverse, Inc.)
Adjustment of Option. Except as provided by Section Sections 1(b) and 3(b), adjustments to the Option shall be made in accordance with the terms of the Plan. Fractional shares shall not be issued and any rights thereto shall be forfeited without consideration.
Appears in 3 contracts
Samples: Nonqualified Stock Option Award Agreement (Comverse, Inc.), Nonqualified Stock Option Award Agreement (Comverse, Inc.), Nonqualified Stock Option Award Agreement (Comverse Technology Inc/Ny/)
