Common use of Adjustments for Stock Splits, Stock Dividends, etc Clause in Contracts

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the Agreement there is any stock split up, stock dividend, stock distribution or other reclassification of the Common Stock, any and all new, substituted or additional securities to which Participant is entitled by reason of his ownership of the Restricted Stock shall be immediately subject to the terms of the Agreement. (b) If the Common Stock is converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation, or other property (including cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under the Agreement shall inure to the benefit of the Company’s successor and the Agreement shall apply to the securities or other property received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted Stock.

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the Agreement there is any stock split split-up, stock dividend, stock distribution or other reclassification of the Common StockShares, any and all new, substituted or additional securities to which Participant the Purchaser is entitled by reason of his ownership of the Restricted Stock Shares shall be immediately subject to the terms of the Agreement. (b) If the Common Stock is Shares are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation, or other property (including cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under the Agreement shall inure to the benefit of the Company’s successor and the Agreement shall apply to the securities or other property received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted StockShares.

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the Agreement there is any stock split split-up, stock dividend, stock distribution or other reclassification of the Common StockShares, any and all new, substituted or additional securities to which Participant the Stockholder is entitled by reason of his ownership of the Restricted Stock Shares shall be immediately subject to the terms of the Agreement. (b) If the Common Stock is Shares are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation, or other property (including cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under the Agreement shall inure to the benefit of the Company’s successor and the Agreement shall apply to the securities or other property received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted StockShares.

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the this Agreement there is any stock split split-up, stock dividend, stock distribution or other reclassification of the Common StockStock of the Company, any and all new, substituted or additional securities to which Participant the Purchaser is entitled by reason of his ownership of the Restricted Stock Shares shall be immediately subject to the terms of the this Agreement. (b) If the Common Stock is Shares are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation, or other property (including cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under the this Agreement shall inure to the benefit of the Company’s 's successor and the this Agreement shall apply to the securities or other property received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted StockShares.