Common use of Adjustments in the Event of Reorganization Clause in Contracts

Adjustments in the Event of Reorganization. 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 of Stock held by each person who is then a stockholder of record, the number of RSUs shall be adjusted pursuant to Section 3(b) of the Plan to account for such event.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Graham Corp), Restricted Stock Unit Agreement (Graham Corp), Restricted Stock Unit Agreement (Graham Corp)

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Adjustments in the Event of Reorganization. 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 of Stock held by each person who is then a stockholder of record, the number of RSUs PSUs shall be adjusted pursuant to Section 3(b) of the Plan to account for such event.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Graham Corp)

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Adjustments in the Event of Reorganization. In the event of any merger, consolidation, or other business reorganization in which the Company is the surviving entity, and 2 in the event of any stock split, stock dividend or other event generally affecting the number of shares of Stock held by each person who is then a stockholder of record, the number of RSUs (including Deferred RSUs which have vested) shall be adjusted pursuant to Section 3(b) of the Plan to account for such event.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Graham Corp)

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