Adjustments to Option. Subject to any required action by the stockholders of the Company, the number of Shares covered by the Option, and the Exercise Price, shall be proportionately adjusted in accordance with and pursuant to Section 8.1 of the Plan. Such adjustments shall be made by the Committee, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided in this Agreement, no issue by the Company of shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number of Shares or the Exercise Price.
Appears in 6 contracts
Samples: Stock Option Agreement (Adventrx Pharmaceuticals Inc), Employment Agreement (Adventrx Pharmaceuticals Inc), Stock Option Agreement (Adventrx Pharmaceuticals Inc)