Common use of Adjustments for Changes in Capitalization of the Corporation Clause in Contracts

Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock by reason of any reorganization, recapitalization, stock split, stock dividend, cash distribution in excess of normal dividend levels, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common Stock, the number and class of shares covered by this Option and the Exercise Price shall be appropriately adjusted.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Alpha 1 Biomedicals Inc)

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Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock common stock by reason of any reorganization, recapitalization, stock split, stock dividend, cash distribution in excess of normal dividend levels, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common Stockcommon stock, the number and class of shares covered by this Option the Options and the Exercise Price shall be appropriately adjustedadjusted by the Corporation, whose determination shall be conclusive.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (1st Source Corp)

Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock by reason of any reorganization, recapitalization, stock split, stock dividend, cash distribution in excess of normal dividend levels, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common Stockstock, the number and class of shares covered by this Option and the Exercise Price shall be appropriately adjustedadjusted by the Committee, whose determination shall be conclusive.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Southwest Bancorp of Texas Inc)

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Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock by reason of any reorganizationstock dividend or split, recapitalization, stock split, stock dividend, cash distribution in excess of normal dividend levels, combination or exchange of shares, merger, consolidation, combination, exchange of shares, or any change in other similar corporate change, the corporate structure aggregate number of the Corporation or in the shares of Common StockStock available under the Plan and subject to each outstanding Award, and its stated exercise price or the number and class of shares covered by this Option and basis upon which the Exercise Price Award is measured, shall be adjusted appropriately adjustedby the Committee, whose determination shall be conclusive; provided, however, that fractional shares shall be rounded to the nearest whole share.

Appears in 1 contract

Samples: Stock Option Agreement (Itla Capital Corp)

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