Adjustments in the Event of Reorganization. (a) In the event of any merger, consolidation, or other business reorganization in which the Company is the surviving entity, and in the event of any stock split, stock dividend or other event generally affecting the number of Shares held by each person who is then a shareholder of record, the number of Optioned Shares shall be adjusted to account for such event. Such adjustment shall be effected by multiplying:
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (Graham Corp), Non Qualified Stock Option Agreement (Graham Corp), Non Qualified Stock Option Agreement (Graham Corp)
