Common use of Adjustments and Other Rights Clause in Contracts

Adjustments and Other Rights. In the event that additional shares of Stock are issued pursuant to a stock split or a stock dividend, the number of unexercised Option Shares shall be increased proportionately with no increase in the total purchase price of such Option Shares. In the event that the shares of Stock of LEI International from time to time issued and outstanding are reduced by a combination of shares, the number of unexercised Option Shares shall be reduced proportionately with no reduction in the total price of such Option Shares. In the event that LEI International should transfer assets to another corporation and distribute the stock of such other corporation without the surrender of Stock of LEI International, and if such distribution is not taxable as a dividend and no gain or loss is recognized by reason of Section 355 of the Internal Revenue Code, or some similar section, then the total purchase price of the unexercised Option Shares shall be reduced by an amount which bears the same ratio to the total purchase price then in effect as the market value of the stock distributed in respect of a share of Stock of LEI International, immediately following the distribution, bears to the aggregate of the market value at such time of a share of Stock of LEI International and the stock distributed in respect thereof. All such adjustments shall be made by the Board of Directors, whose determination upon the same shall be final and binding upon Xxxx. Any fractional shares resulting from the computations pursuant to this Section 7 shall be eliminated from this option. No adjustments shall be made for cash dividends or the issuance to stockholders of rights to subscribe for additional Stock or other securities.

Adjustments and Other Rights. In the event that additional shares of Stock are issued pursuant to a stock split or a stock dividend, the number of unexercised Option Shares shall be increased proportionately with no increase in the total purchase price of such Option Shares. In the event that the shares of Stock of LEI International OPTS from time to time issued and outstanding are reduced by a combination of shares, the number of unexercised Option Shares shall be reduced proportionately with no reduction in the total price of such Option Shares. In the event that LEI International OPTS should transfer assets to another corporation and distribute the stock of such other corporation without the surrender of Stock of LEI InternationalOPTS, and if such distribution is not taxable as a dividend and no gain or loss is recognized by reason of Section 355 of the Internal Revenue Code, or some similar section, then the total purchase price of the unexercised Option Shares shall be reduced by an amount which bears the same ratio to the total purchase price then in effect as the market value of the stock distributed in respect of a share of Stock of LEI InternationalOPTS, immediately following the distribution, bears to the aggregate of the market value at such time of a share of Stock of LEI International OPTS and the stock distributed in respect thereof. All such adjustments shall be made by the Board of Directors, whose determination upon the same shall be final and binding upon XxxxContractor. Any fractional shares resulting from the computations pursuant to this Section 7 6 shall be eliminated from this option. No adjustments shall be made for cash dividends or the issuance to stockholders of rights to subscribe for additional Stock or other securities.

Adjustments and Other Rights. In the event that additional shares of Stock are issued pursuant to a stock split or a stock dividend, the number of unexercised Option Shares shall be increased proportionately with no increase in the total purchase price of such Option Shares. In the event that the shares of Stock of LEI International OPTS from time to time issued and outstanding are reduced by a combination of shares, the number of unexercised Option Shares shall be reduced proportionately with no reduction in the total price of such Option Shares. In the event that LEI International OPTS should transfer assets to another corporation and distribute the stock of such other corporation without the surrender of Stock of LEI InternationalOPTS, and if such distribution is not taxable as a dividend and no gain or loss is recognized by reason of Section 355 of the Internal Revenue Code, or some similar section, then the total purchase price of the unexercised Option Shares shall be reduced by an amount which bears the same ratio to the total purchase price then in effect as the market value of the stock distributed in respect of a share of Stock of LEI InternationalOPTS, immediately following the distribution, bears to the aggregate of the market value at such time of a share of Stock of LEI International OPTS and the stock distributed in respect thereof. All such adjustments shall be made by the Board of Directors, whose determination upon the same shall be final and binding upon XxxxVSI. Any fractional shares resulting from the computations pursuant to this Section 7 6 shall be eliminated from this option. No adjustments shall be made for cash dividends or the issuance to stockholders of rights to subscribe for additional Stock or other securities.

Adjustments and Other Rights. In the event that additional shares of Stock are issued pursuant to a stock split or a stock dividend, the number of unexercised Option Shares shall be increased proportionately with no increase in the total purchase price of such Option Shares. In the event that the shares of Stock of LEI International from time to time issued and outstanding are reduced by a combination of shares, the number of unexercised Option Shares shall be reduced proportionately with no reduction in the total price of such Option Shares. In the event that LEI International should transfer assets to another corporation and distribute the stock of such other corporation without the surrender of Stock of LEI International, and if such distribution is not taxable as a dividend and no gain or loss is recognized by reason of Section 355 of the Internal Revenue Code, or some similar section, then the total purchase price of the unexercised Option Shares shall be reduced by an amount which bears the same ratio to the total purchase price then in effect as the market value of the stock distributed in respect of a share of Stock of LEI International, immediately following the distribution, bears to the aggregate of the market value at such time of a share of Stock of LEI International and the stock distributed in respect thereof. All such adjustments shall be made by the Board of Directors, whose determination upon the same shall be final and binding upon XxxxVSI. Any fractional shares resulting from the computations pursuant to this Section 7 6 shall be eliminated from this option. No adjustments shall be made for cash dividends or the issuance to stockholders of rights to subscribe for additional Stock or other securities.