Common use of Adjustments in Authorized Shares Clause in Contracts

Adjustments in Authorized Shares. If the Company shall at any time change the number of issued shares of Common Stock without new consideration to the Company (such as by stock dividends or stock splits), the number of shares to be delivered under this Option and the price of the shares subject to this Option shall be equitably adjusted so that the aggregate consideration payable to the Company, if any, shall not be changed. In the case of any merger, consolidation or combination of the Company with or into another corporation, other than a merger, consolidation or combination in which the Company is the continuing corporation and which does not result in the outstanding Common Stock of the Company being converted into or exchanged for different securities, cash or other property, or any combination thereof (an "Acquisition"), the Option shall have the right to receive upon exercise of this Option the Acquisition Consideration receivable upon such Acquisition by a holder of the number of shares of Common Stock which might have been obtained upon exercise of the Option, as the case may be, immediately prior to such Acquisition.

Adjustments in Authorized Shares. If the Company shall at any time change the number of issued shares of Common Stock without new consideration to the Company (such as by stock dividends or stock splits), the number of shares to be delivered under this Option and the price of the shares subject to this Option shall be equitably adjusted so that the aggregate consideration payable to the Company, if any, shall not be changed. In the case of any merger, consolidation or combination of the Company with or into another corporation, other than a merger, consolidation or combination in which the Company is the continuing corporation and which does not result in the outstanding Common Stock of the Company being converted into or exchanged for different securities, cash or other property, or any combination thereof (an "Acquisition"), the Option Optionee shall have the right to receive upon exercise of this Option the Acquisition Consideration receivable upon such Acquisition by a holder of the number of shares of Common Stock which might have been obtained upon exercise of the Option, as the case may be, immediately prior to such Acquisition.