Common use of Adjustments for Corporate Transactions and Other Events Clause in Contracts

Adjustments for Corporate Transactions and Other Events. Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Shares, the Committee shall adjust the number of outstanding RSUs in an equitable manner to reflect such event. Adjustments under this paragraph will be made by the Committee, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT, Inc.), Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT, Inc.), Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT, Inc.)

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Adjustments for Corporate Transactions and Other Events. (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Shares, the Committee shall adjust the number of outstanding RSUs in an equitable manner to reflect such event, including in the case of a stock dividend taking into account any Distribution Equivalent Rights paid to the Participant. Adjustments under this paragraph will be made by the Committee, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT, Inc.), Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT II, Inc.), Restricted Stock Unit Agreement (Griffin Capital Essential Asset REIT, Inc.)

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