Common use of Adjustment to Option Shares Clause in Contracts

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.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Blum Capital Partners Lp), Stock Purchase Agreement (Blum Capital Partners Lp), First Option Agreement (PRG Schultz International Inc)

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