Common use of Adjustment Upon Changes in Capitalization Clause in Contracts

Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall make appropriate adjustments to the number and class of shares relating to the Restricted Stock Units in accordance with the provisions of Section 14 of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 10 contracts

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co), Restricted Stock Unit Agreement (Plains Exploration & Production Co), Restricted Stock Unit Agreement (Plains Exploration & Production Co)

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Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall may make appropriate adjustments to the number and class of shares relating to the Restricted Stock Units as it deems appropriate, in its sole discretion, to preserve the value of this Award in accordance with the provisions of Section 14 terms of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Criimi Mae Inc), Restricted Stock Award Agreement (Criimi Mae Inc), Restricted Stock Award Agreement (Criimi Mae Inc)

Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall may make appropriate adjustments to the number and class of shares Shares relating to the Restricted Stock Units as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee's adjustment shall be made in accordance with the provisions of Section 14 13 of the Plan. The Committee’s adjustment Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Plains Exploration & Production Co L P), Restricted Stock Award Agreement (Plains Exploration & Production Co L P), Restricted Stock Award Agreement (Plains Exploration & Production Co L P)

Adjustment Upon Changes in Capitalization. In the event of a Change change in Capitalizationcapitalization or certain other events, the Committee shall make appropriate adjustments to the Award, including but not limited to the number and class of shares relating to the Restricted Stock Units Units, in accordance with the provisions of Section 14 13.2 of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co), Restricted Stock Unit Agreement (Plains Exploration & Production Co)

Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall may make appropriate adjustments to the number and class of shares relating to the Restricted Stock Units as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 14 of the Plan. The Committee’s adjustment Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co), Restricted Stock Unit Agreement (Plains Exploration & Production Co)

Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall may make appropriate adjustments to the number and class of shares relating to the Restricted Stock Units as it deems appropriate, in it sole discretion, to preserve the value of this Award in accordance with the provisions of Section 14 terms of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this AgreementPlans.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Criimi Mae Inc), Restricted Stock Unit Award Agreement (Criimi Mae Inc)

Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, the Committee shall may make appropriate adjustments to the number and class of shares relating to the Restricted Stock Units as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 14 of the Plan. The Committee’s adjustment Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Plains Exploration & Production Co)

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Adjustment Upon Changes in Capitalization. In the event of a Change in Capitalization, or payment of cash dividends by the Company with respect to the Shares, the Committee shall make appropriate adjustments to the Restricted Stock Units, the number and class of shares relating to the Restricted Stock Units Units, or the Target Value as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 14 of the Plan. The Committee’s adjustment Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co)

Adjustment Upon Changes in Capitalization. In the event of a Change change in Capitalizationcapitalization or certain other similar events, the Committee shall make appropriate adjustments to the Award, including but not limited to the number and class of shares relating to the Restricted Stock Units Stock, in accordance with the provisions of Section 14 13.2 of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this AgreementAward.

Appears in 1 contract

Samples: Restricted Stock Award for Directors (Plains Exploration & Production Co)

Adjustment Upon Changes in Capitalization. In the event of a Change change in Capitalizationcapitalization or certain other events, the Committee shall make appropriate adjustments to the Award, including but not limited to the number and class of shares relating to on which the Restricted Stock Units are based, in accordance with the provisions of Section 14 7 of the Plan. The Committee’s adjustment shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co)

Adjustment Upon Changes in Capitalization. In the event of a Change in CapitalizationCapitalization or payment of cash dividends by the Company with respect to the Shares, the Committee shall make appropriate adjustments to the Restricted Stock Units, the number and class of shares relating to the Restricted Stock Units Units, or the Target Value as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 14 of the Plan. The Committee’s adjustment Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Plains Exploration & Production Co)

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