Adjustment Upon Changes in Capitalization. a. Subject to Section 7, in the event of a Change in Capitalization, the number and class of Shares or other stock or securities which are subject to the Option, and the purchase price therefor, if applicable, shall be appropriately and equitably adjusted.
Appears in 22 contracts
Samples: Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Internet America Inc)
Adjustment Upon Changes in Capitalization. a. (a) Subject to Section 7, in the event of a Change in Capitalization, the number and class of Shares or other stock or securities which are subject to the Option, and the purchase price therefor, if applicable, shall be appropriately and equitably adjusted.
Appears in 7 contracts
Samples: Non Qualified Stock Option Agreement (Smith Jack T), Non Qualified Stock Option Agreement (Internet America Inc), Non Qualified Stock Option Agreement (Smith Jack T)