Adjustment to Option Shares. The Option Shares are subject to adjustment upon recapitalization, reclassification, consolidation, merger, reorganization, stock dividend, reverse or forward stock split and the like. If the Corporation shall be reorganized, consolidated or merged with another corporation, Optionee shall be entitled to receive upon the exercise of the Option the same number and kind of shares of stock or the same amount of property, cash or securities as Optionee would have been entitled to receive upon the happening of any such corporate event as if Optionee had been, immediately prior to such event, the holder of the number of Shares covered by the Option.
Adjustment to Option Shares. The Option shall be subject to adjustment as provided in the Plan, including without limitation, with respect to a Change in Control.
Adjustment to Option Shares. If the outstanding shares of common stock of PRGX are changed into or exchanged for a different number or kind of shares or other securities of PRGX by reason of any recapitalization, reclassification, stock split, stock dividend, combination, subdivision or similar transaction, then, subject to any required action by the stockholders of the PRGX, the number and kind of Option Shares subject to this Option and the price per share of the Shares subject to the Option shall be proportionately adjusted.
Adjustment to Option Shares. (a) In the event that at any time prior to the termination date of this Option and prior to the exercise thereof, the Company issues common stock by way of stock dividend or other distribution, or subdivides or combines its outstanding shares of common stock, the number of shares subject to this Option and the exercise price shall be adjusted to be consistent with such change or changes. In the event that at any time prior to the termination date of this Option and prior to the exercise thereof, there is any reclassification, capital reorganization or other change of outstanding shares of the Company's common stock, or in case of any consolidation or merger of the Company with or into another corporation, or in case of any sale or conveyance to another corporation of the property of the Company as an entirety or substantially as an entirety, the Company shall cause effective provision to be made so that the Optionee shall have the right thereafter, by exercising this Option, to purchase the kind and amount of shares of stock and other securities and property receivable upon such reclassification, capital reorganization or other change, consolidation, merger, sale or conveyance. The determination of the Board as to any adjustments or provisions to be made under this paragraph shall be final, binding and conclusive.
(b) Except as provided above, the grant of the Option herein shall not affect in any manner the right or power of the Company or its shareholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company's capital structure or its business, or any merger or consolidation of the Company, or to issue bonds, debentures, preferred or prior preference stock ahead of or affecting the common stock of the Company or the rights thereof, or the dissolution or liquidation of the Company, or any sale or transfer of all or any part of the Company's assets or business.
Adjustment to Option Shares. In the event any change is made to the common stock issuable by reason of combination of shares, stock split, stock dividend or other change affecting the outstanding common stock as a class, without receipt of consideration, then the Company shall make appropriate adjustments to reflect such change and preclude any dilution or expansion of benefits hereunder
Adjustment to Option Shares. Should any change be made to the outstanding Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares, spin-off transaction or other change affecting the outstanding Common Stock as a class without the Corporation’s receipt of consideration, or should the value of outstanding shares of Common Stock be substantially reduced as a result of a spin-off transaction or an extraordinary dividend or distribution, or should there occur any merger, consolidation, reincorporation or other reorganization, then equitable adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price. The adjustments shall be made by the Plan Administrator in such manner as the Plan Administrator deems appropriate in order to reflect such change, and those adjustments shall be final, binding and conclusive.
Adjustment to Option Shares. The Option Shares are subject to adjustment upon changes in capitalization, dissolution, merger, asset sale or a change in control as follows:
Adjustment to Option Shares. If the Company merges, consolidates or reorganizes with any other corporation or corporations, the number and kind of shares of stock or of other securities to which Optionee will be entitled pursuant to the transaction shall be substituted for each of the shares of Common Stock then subject to this Agreement. If the number of shares of Common Stock issued and outstanding changes as a result of any recapitalization, stock dividend, stock split, combination of shares or other change in the Common Stock, the number of shares of Common Stock then subject to this Agreement shall be adjusted in proportion to the change in the outstanding shares of Common Stock. Upon any such adjustment, the purchase price of any Option and the shares of Common Stock issuable pursuant to any Option shall be adjusted to the extent appropriate in the discretion of the Company to provide Optionee with the same relative rights before and after such adjustment.
Adjustment to Option Shares. In the event of any change in the corporate structure of the Company affecting the Common Stock, the number of Option Shares shall be subject to adjustment as provided in Section 4.3 of the Plan.
Adjustment to Option Shares. In the event that the outstanding common stock of the Corporation is hereafter changed by reason of reorganization, merger, consolidation, recapitalization, reclassification, stock split-up, combination of shares, reverse split, stock dividend or the like, an appropriate adjustment shall be made in the number of shares and option price per share subject to the Options. If the Corporation shall be reorganized, consolidated, or merged with another corporation, the holder of this Option shall be entitled to receive upon the exercise of this Option the same number and kind of shares of stock or the same amount of property, cash or securities as the holder would have been entitled to receive upon the happening of any such corporate event as if the holder had been, immediately prior to such event, the holder of the number of shares covered by this Option. Any adjustment in the number of shares shall apply proportionately to only the unexercised portion of the Option granted hereunder. If fractions of a share would result from any such adjustment, the adjustment shall be revised to the next lower whole number of shares.
