Adjustment to Number of Shares. The Company agrees that if the Fair Market Value of the Company’s common stock on the Monthly Vesting Date is less than the Fair Market Value of the Company’s common stock on the Effective Date, then the number of Monthly Vested Shares issuable (assuming all conditions are satisfied) within ten business days of the Monthly Vesting Date shall be increased so that the aggregate Fair Market Value of Monthly Vested Shares issuable equals the aggregate Fair Market Value that such number of Shares would have had on the Effective Date.
Appears in 6 contracts
Samples: Restricted Stock Grant Agreement (Originoil Inc), Restricted Stock Grant Agreement (Originoil Inc), Restricted Stock Award Agreement (Originoil Inc)
