Adjustments in the Event of Certain Transactions. (a) In the event of a stock dividend, stock split or combination of shares, recapitalization or other change in the Company's capitalization, or other distribution to common shareholders other than normal cash dividends, the Committee will make any appropriate adjustments to (i) the maximum number of shares that may be delivered under this Option, (ii) the exercise price relating to this Option, and (iii) any other provision of this Option affected by such change.
Appears in 7 contracts
Samples: Non Statutory Stock Option Agreement (Picturetel Corp), Stock Option Agreement (Picturetel Corp), Stock Option Agreement (Picturetel Corp)
