Common use of Adjustment of Warrants Clause in Contracts

Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate reorganization in which the Corporation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive. (b) Fractional shares resulting from any adjustment in warrants pursuant to this Section may be settled in cash or otherwise as the Committee shall determine. Notice of any adjustment in this Warrant shall be given by the Corporation to the holder of this Warrant and such adjustment (whether or not such notice is given) shall be effective and binding for all purposes of the Plan.

Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate reorganization in which the Corporation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive. (b) Fractional shares resulting from any adjustment in warrants pursuant to this Section may be settled in cash or otherwise as the Committee shall determine. Notice of any adjustment in this Warrant shall be given by the Corporation to the holder of this Warrant and such adjustment (whether or not such notice is given) shall be effective and binding for all purposes of the Plan.all

Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate corproate reorganization in which the Corporation Corproation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive. (b) Fractional shares resulting from any adjustment in warrants pursuant to this Section may be settled in cash or otherwise as the Committee shall determine. Notice of any adjustment in this Warrant shall be given by the Corporation to the holder of this Warrant and such adjustment (whether or not such notice is given) shall be effective and binding for all purposes of the Plan.