Common use of ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC Clause in Contracts

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, reverse stock split, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefor, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 7 contracts

Samples: Stock Option Agreement (May & Speh Inc), Stock Option Agreement (Acxiom Corp), 1 Stock Option Agreement (Hasbro Inc)

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ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer the Company Common Stock by reason of a stock dividend, reverse stock split-up, mergercombination, recapitalization, combination, exchange of shares, shares or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Exercise Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements governing such transaction, so that the Grantee will shall receive upon exercise of the Option the same class and number and class of outstanding shares or other securities or property that Grantee would have received with in respect to Issuer of the Company Common Stock if the Option had been exercised immediately prior to such event event, or the record date therefor, as applicable.

Appears in 4 contracts

Samples: Stock Option Agreement (Halliburton Co), Stock Option Agreement (Baker Hughes Inc), Stock Option Agreement (Dresser Industries Inc /De/)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, reverse stock split, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefortherefore, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefortherefore, as applicable.

Appears in 4 contracts

Samples: Stock Option Agreement (Cfoex), Stock Option Agreement (Cfoex), Stock Option Agreement (Cfoex)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, reverse stock split, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefor, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 2 contracts

Samples: Stock Option Agreement (May & Speh Inc), Stock Option Agreement (May & Speh Inc)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer Common Stock by reason of a stock dividend, reverse stock split, mergersplit-up, recapitalization, combination, exchange of shares, shares or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements governing such transaction, transaction so that Grantee will receive shall receive, upon exercise of the Option Option, the number and class of shares or other securities or property that Grantee would have received with in respect to of Issuer Common Stock if the Option had been exercised immediately prior to such event event, or the record date therefor, as applicable.

Appears in 2 contracts

Samples: Stock Option Agreement (Gamma Biologicals Inc), Stock Option Agreement (Independent Community Bankshares Inc)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, stock split, reverse stock split, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefor, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 2 contracts

Samples: 1 Stock Option Agreement (Trion Inc), Stock Option Agreement (Dyson Kissner Moran Corp)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, stock split, reverse stock split, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements governing such transaction, so that Grantee will shall receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 2 contracts

Samples: Stock Option Agreement (United Meridian Corp), Corporation Stock Option Agreement (United Meridian Corp)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer Common Stock by reason of a stock dividend, reverse stock split-up, mergercombination, recapitalization, combination, exchange of shares, shares or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Exercise Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements governing such transaction, so that Grantee will shall receive upon exercise of the Option the same class and number and class of outstanding shares or other securities or property that Grantee would have received with in respect to of Issuer Common Stock if the Option had been exercised immediately prior to such event event, or the record date therefor, as applicable.

Appears in 1 contract

Samples: Stock Option Agreement (Circle International Group Inc /De/)

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ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer Common Stock by reason of a stock dividend, reverse stock split-up, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price thereforthereof, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with in respect to of Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 1 contract

Samples: Stock Option Agreement (Johnson & Johnson)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes in Issuer Common Stock by reason of a stock dividend, stock split, reverse stock split, stock issuance, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or of securities subject to the Option, and the Purchase Exercise Price therefor, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee would have received with respect to Issuer Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 1 contract

Samples: 1 Stock Option Agreement (Amdocs LTD)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer the Common Stock by reason of a stock stock, dividend, reverse stock split-up, merger, recapitalization, combination, exchange of shares, or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Price thereforthereof, will be adjusted appropriately, and proper provision will be made in the agreements governing such transaction, so that Grantee Optionee will receive upon exercise of the Option the number and class of shares or other securities or property that Grantee Optionee would have received with in respect to Issuer of the Common Stock if the Option had been exercised immediately prior to such event or the record date therefor, as applicable.

Appears in 1 contract

Samples: Stock Option Agreement (Franklin Bank Corp)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) In the event of any changes change in Issuer the Parent Common Stock by reason of a stock dividend, reverse stock split-up, mergercombination, recapitalization, combination, exchange of shares, shares or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Exercise Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements agreement governing such transaction, so that the Grantee will shall receive upon exercise of the Option the same class and number and class of outstanding shares or other securities or property that Grantee would have received with in respect to Issuer of the Parent Common Stock if the Option had been exercised immediately prior to such event event, or the record date therefor, as applicable.

Appears in 1 contract

Samples: Stock Option Agreement (Dresser Industries Inc /De/)

ADJUSTMENT UPON CHANGES IN CAPITALIZATION, ETC. (a) a. In the event of any changes change in Issuer Common Stock by reason of a stock dividend, reverse stock split-up, mergercombination, recapitalization, combination, exchange of shares, shares or similar transaction, the type and number of shares or securities subject to the Option, and the Purchase Exercise Price therefor, will shall be adjusted appropriately, and proper provision will shall be made in the agreements governing such transaction, so that Grantee will shall receive upon exercise of the Option the same class and number and class of outstanding shares or other securities or property that Grantee would have received with in respect to of Issuer Common Stock if the Option had been exercised immediately prior to such event event, or the record date therefor, as applicable.

Appears in 1 contract

Samples: Stock Option Agreement (Egl Inc)

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