Common use of Adjustment of Options Clause in Contracts

Adjustment of Options. (a) The number of Shares issuable upon exercise of this Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 1.5 of the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.

Appears in 6 contracts

Samples: Tigera Group Inc, Tigera Group Inc, Tigera Group Inc

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Adjustment of Options. (a) The number of Shares issuable upon exercise of this Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 1.5 8 of the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.

Appears in 3 contracts

Samples: Swiss Army Brands Inc, Swiss Army Brands Inc, Swiss Army Brands Inc

Adjustment of Options. (a) The number of Shares issuable upon exercise of this Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 1.5 9 of the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.

Appears in 3 contracts

Samples: Stock Option Agreement (Sel-Leb Marketing Inc), Stock Option Agreement (Telehublink Corp), Garnet Resources Corp /De/

Adjustment of Options. (a) The number of Shares issuable upon exercise of this Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 1.5 8 of the Plan, and any changes to the Option Price or other terms contemplated thereby, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.

Appears in 2 contracts

Samples: Paravant Computer Systems Inc /Fl/, Sel-Leb Marketing Inc

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Adjustment of Options. (a) The number of Shares issuable upon exercise of this Option, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 1.5 11 of the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Littlefield Adams & Co), Littlefield Adams & Co

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