Common use of Adjustments and Corporate Reorganizations Clause in Contracts

Adjustments and Corporate Reorganizations. If the Common Stock is increased or decreased, or is changed into or exchanged for a different number or kind of shares or securities or other forms of property (including cash) or rights, as a result of one or more reorganizations, recapitalizations, spin-offs, stock splits, reverse stock splits, stock dividends or the like, appropriate adjustments shall be made in the number and/or kind of shares or securities or other forms of property (including cash) or rights for which this Option may thereafter be exercised, all without any change in the aggregated Exercise Price applicable to the unexercised portions of this Option, but with a corresponding adjustment in the Exercise Price per share or other unit. No fractional share of stock shall be issued under this Option or in connection with any such adjustment. Such adjustments shall be made by or under authority of the Corporation's Board of Directors whose determinations as to what adjustments shall be made, and the extent thereof, shall be final, binding and conclusive.

Adjustments and Corporate Reorganizations. If (a) Subject to the Common provisions of the Company’s Stock Option Plan under which this Option is granted, if the outstanding shares of the class then subject to this Option are increased or decreased, or is are changed into or exchanged for a different number or kind of shares or securities or other forms of property (including cash) or rightssecurities, as a result of one or more reorganizations, recapitalizations, spin-offs, stock splits, reverse stock splits, stock dividends or the like, appropriate adjustments shall be made in the number and/or kind of shares or securities or other forms of property (including cash) or rights for which the unexercised portions of this Option may thereafter be exercised, all without any change in the aggregated Exercise Price aggregate exercise price applicable to the unexercised portions of this Option, but with a corresponding adjustment in the Exercise Price exercise price per share or other unit. No fractional share of stock shall be issued under this Option or in connection with any such adjustment. Such adjustments shall be made by or under authority of the Corporation's Company’s Board of Directors whose determinations as to what adjustments shall be made, and the extent thereof, shall be final, binding and conclusive.

Adjustments and Corporate Reorganizations. If the Common Stock is outstanding shares of the class of this Option are increased or decreased, or is are changed into or exchanged for a different number or kind of shares or securities or other forms of property (including cash) or rightssecurities, as a result of one or more reorganizations, recapitalizations, spin-offs, stock splits, reverse stock splits, stock dividends or the like, appropriate adjustments shall be made in the number and/or kind of shares or securities or other forms of property (including cash) or rights for which the unexercised portions of this Option may thereafter be exercised, all without any change in the aggregated Exercise Price aggregate exercise price applicable to the unexercised portions of this Option, but with a corresponding adjustment in the Exercise Price exercise price per share or other unit. No fractional share of stock shall be issued under this Option or in connection with any such adjustment. Such adjustments shall be made by or under authority of the Corporation's Board Company’s board of Directors directors whose determinations as to what adjustments shall be made, and the extent thereof, shall be final, binding and conclusive.