Common use of Adjustments to Reflect Capital Changes Clause in Contracts

Adjustments to Reflect Capital Changes. Subject to and except as otherwise provided in section 9 of the Plan, the number and kind of shares subject to the PRSUs shall be appropriately adjusted, as the Committee may determine pursuant to section 11 of the Plan, to reflect any stock split, stock dividend, recapitalization, merger, consolidation, reorganization, combination, exchange of shares, split-up, split-off, spin-off, liquidation or other similar change in capitalization, or any distribution to common stockholders other than normal cash dividends. 9.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Simpson Manufacturing Co Inc /Ca/), Restricted Stock Unit Agreement (Simpson Manufacturing Co Inc /Ca/), Restricted Stock Unit Agreement (Simpson Manufacturing Co Inc /Ca/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.