Adjustment of Option. The number of shares of Common Stock issuable upon exercise of the Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of certain events specified in the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures specified therein. Any such adjustment shall be made to the nearest whole share, and no fractional shares shall be issued as a result of any adjustment pursuant to this Section.
Appears in 2 contracts
Samples: Stock Option Agreement (Comverse Technology Inc/Ny/), Stock Option Agreement (Ulticom Inc)
Adjustment of Option. The number of shares of Common Stock Shares issuable upon exercise of the Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of certain events specified in the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures specified therein. Any such adjustment shall be made to the nearest whole share, and no fractional shares shall be issued as a result of any adjustment pursuant to this Section.
Appears in 1 contract
Samples: Stock Option Agreement (Comverse Technology Inc/Ny/)
Adjustment of Option. The number of shares of Common Stock Shares issuable upon exercise of the Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of certain the events specified in the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures specified therein. Any such adjustment shall be settled made to the nearest whole share, and no fractional shares shall be issued as a result of any adjustment pursuant to this Section.
Appears in 1 contract
Samples: Stock Option Agreement (Ulticom Inc)