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 there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, and 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 Shares.

Appears in 4 contracts

Samples: Stock Restriction Agreement (Eschelon Telecom Inc), Nonstatutory Stock Option Grant Agreement (Sourcefire Inc), Stock Restriction Agreement (Eschelon Telecom Inc)

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Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Class B Common Stock of the CompanyStock, any and all new, substituted or additional securities to which the Shareholder is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, and 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 Shares.

Appears in 4 contracts

Samples: Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyStock, any and all new, substituted or additional securities to which the Shareholder Grantee is entitled by reason of his or her ownership of the Restricted Shares shall be immediately subject to the restrictions on transfer forfeiture and other provisions of this Agreement in the same manner and to the same extent as the Restricted Shares. (b) . If the Restricted Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, 's successor and 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 Shares.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Female Health Co), Restricted Stock Grant Agreement (Rc2 Corp), Restricted Stock Grant Agreement (Criticare Systems Inc /De/)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyStock, any and all new, substituted or additional securities to which the Shareholder Recipient is entitled by reason of his or her ownership of the Restricted Shares shall be immediately subject to the restrictions on transfer forfeiture and other provisions of this Agreement in the same manner and to the same extent as the Restricted Shares. (b) . If the Restricted Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 Shares.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Strattec Security Corp), Restricted Stock Grant Agreement (Strattec Security Corp), Restricted Stock Grant Agreement (Strattec Security Corp)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Company Common Stock of and/or the CompanyCompany Preferred Stock, any and all new, substituted or additional securities to which the Shareholder Executive is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions terms of this Agreement in the same manner and to the same extent as the SharesAgreement. (b) If the Shares are Company Common Stock and/or the Company Preferred Stock, is converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 Shares.

Appears in 3 contracts

Samples: Management Stock Purchase Agreement (SOI Holdings, Inc.), Management Stock Purchase Agreement (SOI Holdings, Inc.), Management Stock Purchase Agreement (SOI Holdings, Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyShares, any and all new, substituted or additional securities to which Purchaser (or the Shareholder Fiduciary holding for the benefit of Purchaser) is entitled by reason of his Purchaser’s (or her the Fiduciary’s, as applicable) ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions terms of this Agreement in the same manner and to the same extent as the SharesAgreement. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of and be binding upon the Company’s successor, successor and 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 Shares.

Appears in 2 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Genpact LTD)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyStock, any and all new, substituted or additional securities to which the Shareholder Recipient is entitled by reason of his or her ownership of the Restricted Shares shall be immediately subject to the restrictions on transfer forfeiture and other provisions of this Agreement in the same manner and to the same extent as the Restricted Shares. (b) . If the Restricted Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, 's successor and 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 Shares.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (Strattec Security Corp), Restricted Stock Grant Agreement (Strattec Security Corp)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, and 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 Shares.

Appears in 2 contracts

Samples: Stock Option Grant Agreement, Stock Option Grant Agreement (Cancer Genetics, Inc)

Adjustments for Stock Splits, Stock Dividends, etc. (a) 6.1 If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder Employee is entitled by reason of his or her the Employee’s ownership of the Shares shall be immediately subject to the Repurchase Option and the restrictions on transfer and the other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) 6.2 If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 to the Shares.

Appears in 2 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Abiomed Inc)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If If, from time to time during the term of this Agreement, there is any spin-off, stock split-split up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyShares, any and all new, substituted or additional securities to which the Shareholder Participant is entitled by reason of his or her Participant’s ownership of the Shares Restricted Stock shall be immediately subject to the restrictions on transfer terms of the Agreement and other provisions of this Agreement in shall be encompassed within the same manner and to the same extent as the Sharesterm “Restricted Stock. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 SharesRestricted Stock.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Iridium Communications Inc.), Restricted Stock Award Agreement (Iridium Communications Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If The number of shares subject to the Restricted Stock Award may be adjusted from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification pursuant to the provisions of Section 12 of the Common Stock of the Company, Plan and any and all new, substituted or additional securities to which the Shareholder Participant is entitled by reason of his or her Participant’s ownership of the Shares Restricted Stock shall be immediately subject to the restrictions on transfer terms of the Agreement and other provisions of this Agreement in shall be encompassed within the same manner and to the same extent as the Sharesterm “Restricted Stock. (b) If the Shares shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 SharesRestricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Velocity Commercial Capital, Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the Agreement there is any spin-off, stock split-split up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyShares, any and all new, substituted or additional securities to which the Shareholder Participant is entitled by reason of his or her Patricipant’s ownership of the Shares Restricted Stock shall be immediately subject to the restrictions on transfer terms of the Agreement and other provisions of this Agreement in shall be encompassed within the same manner and to the same extent as the Sharesterm “Restricted Stock”. (b) If the Shares are converted into or exchanged for, or shareholders 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 this the Agreement shall inure to the benefit of the Company’s successor, successor and this 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 SharesRestricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Iridium Communications Inc.)

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Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-up, split stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder Optionee is entitled by reason of his or her ownership of the Shares shall be immediately subject to to, the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation, or other property (including including, without limitation, cash), pursuant to any merger of the Company or acquisition of its assets, then the rights of the Company under this Agreement shall inure to the benefit of the Company’s successor, 's successor and 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 to the Shares, except as otherwise provided herein.

Appears in 1 contract

Samples: Stock Option Agreement (Telepad Corp)

Adjustments for Stock Splits, Stock Dividends, etc. (a) 7.1 If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder Employee is entitled by reason of his or her the Employee’s ownership of the Shares shall be immediately subject to the Repurchase Option and the restrictions on transfer and the other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) 7.2 If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, successor and 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 to the Shares.

Appears in 1 contract

Samples: Restricted Stock Agreement (Abiomed Inc)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of the Agreement there is any spin-off, stock split-split up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyShares, any and all new, substituted or additional securities to which the Shareholder Participant is entitled by reason of his or her Participant’s ownership of the Shares Restricted Stock shall be immediately subject to the restrictions on transfer terms of the Agreement and other provisions of this Agreement in shall be encompassed within the same manner and to the same extent as the Sharesterm “Restricted Stock. (b) If the Shares are converted into or exchanged for, or shareholders 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 this the Agreement shall inure to the benefit of the Company’s successor, successor and this 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 SharesRestricted Stock.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Iridium Communications Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder Stockholder is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, and 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 Shares.

Appears in 1 contract

Samples: Stock Option Grant Agreement (InterPrivate III Financial Partners Inc.)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder Holder is entitled by reason of his or her ownership of the Restricted Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Restricted Shares. (b) If the Restricted Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, and 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 Shares.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Broadsoft Inc)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time there is any spin-off, stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Shareholder is entitled by reason of his or her ownership of the Shares shall be immediately subject to the restrictions on transfer and other provisions of this Agreement in the same manner and to the same extent as the Shares. (b) If the Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s 's successor, and 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 Shares.

Appears in 1 contract

Samples: Stock Restriction Agreement (Advancis Pharmaceutical Corp)

Adjustments for Stock Splits, Stock Dividends, etc. (a) If from time to time during the term of this Agreement there is any spin-off, stock split-upsplit‑up, stock dividend, stock distribution or other reclassification of the Common Stock of the CompanyStock, any and all new, substituted or additional securities to which the Shareholder Recipient is entitled by reason of his or her ownership of the Restricted Shares shall be immediately subject to the restrictions on transfer forfeiture and other provisions of this Agreement in the same manner and to the same extent as the Restricted Shares. (b) . If the Restricted Shares are converted into or exchanged for, or shareholders 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 this Agreement shall inure to the benefit of the Company’s successor, 's successor and 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 Shares.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Strattec Security Corp)

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