ADJUSTMENTS IN STOCK. Subject to the provisions of the Plan, if the outstanding shares of the Company of the class subject to this Award are increased or decreased, or are changed into or exchanged for a different number or kind of shares or securities as a result of one or more reorganizations, recapitalizations, stock splits, reverse stock splits, stock dividends and the like, appropriate adjustments, to be conclusively determined by the Committee, shall be made in the number and/or type of shares or securities subject to this Award consistent with any and all changes stipulated above, and any fractional shares resulting from adjustments will be rounded down to the nearest whole number.
Appears in 6 contracts
Samples: Restricted Stock Unit Award (Jack in the Box Inc), Restricted Stock Unit Award Agreement (Jack in the Box Inc /New/), Restricted Stock Unit Award (Jack in the Box Inc /New/)
ADJUSTMENTS IN STOCK. Subject to the provisions of the Plan, if the outstanding shares of the Company of the class subject to this Award are increased or decreased, or are changed into or exchanged for a different number or kind of shares or securities as a result of one or more reorganizations, recapitalizations, stock splits, reverse stock splits, stock dividends and the like, appropriate adjustments, to be conclusively determined by the Committee, shall be made in the number and/or type of shares or securities subject to this Award consistent with any and all changes stipulated above, and any fractional shares resulting from adjustments will be rounded down to the nearest whole numbersettled in cash.
Appears in 4 contracts
Samples: Restricted Stock Award (Jack in the Box Inc /New/), Restricted Stock Award (Jack in the Box Inc /New/), Restricted Stock Award (Jack in the Box Inc /New/)
ADJUSTMENTS IN STOCK. Subject to the provisions of the Plan, if the outstanding shares of the Company of the class subject to this Award are increased or decreased, or are changed into or exchanged for a different number or kind of shares or securities as a result of one or more reorganizations, recapitalizations, stock splits, reverse stock splits, stock dividends and the like, appropriate adjustments, to be conclusively determined by the Committee, shall be made in the number and/or type of shares or securities subject to this Award consistent with any and all changes stipulated above, and any fractional shares resulting from adjustments will be rounded down to the nearest whole numbernumber share.
Appears in 3 contracts
Samples: Restricted Stock Award (Jack in the Box Inc /New/), Restricted Stock Award (Jack in the Box Inc /New/), Restricted Stock Award Agreement (Jack in the Box Inc /New/)
ADJUSTMENTS IN STOCK. Subject to the provisions of the Plan, if the outstanding shares of the Company Common Stock of the class subject to this Award are increased or decreased, or are changed into or exchanged for a different number or kind of shares or securities as a result of one or more reorganizations, recapitalizations, stock splits, reverse stock splits, stock dividends and the like, appropriate adjustments, adjustments to be conclusively determined by the Committee, shall be made in the number and/or type of shares or securities subject to this Award consistent with any and all changes stipulated above, above and any fractional shares resulting from adjustments will shall be rounded down to the nearest whole number.
Appears in 1 contract
Samples: Option & Unit Agreement (Jack in the Box Inc /New/)
