Common use of Adjustments to Shares Clause in Contracts

Adjustments to Shares. If at any time while this Agreement is in effect (or Shares granted hereunder shall be or remain unvested), there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Board or the Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Restricted Stock then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 13 contracts

Samples: Restricted Stock Agreement (Jarden Corp), Restricted Stock Agreement (Jarden Corp), Restricted Stock Agreement (Jarden Corp)

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Adjustments to Shares. If at any time while this Agreement is in effect (or and before any Shares granted hereunder shall be or remain unvested)have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding Shares shares of Common Stock of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination combination, or exchange of such Sharesshares of Common Stock, then and in that event, the Board or the Committee shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Shares subject to the Restricted Stock Units then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Stock Option Agreement, Restricted Stock Unit Agreement (Surna Inc.), Stock Option Agreement (Lifelock, Inc.)

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Adjustments to Shares. If at any time while this Agreement is in effect (or and before any Shares granted hereunder shall be or remain unvested)have been delivered with respect to any Restricted Stock Units, there shall be any increase or decrease in the number of issued and outstanding Shares of the Company through the declaration of a stock dividend or through any recapitalization resulting in a stock split-up, combination or exchange of such Shares, then and in that event, the Committee (or Board or the Committee as applicable) shall make any adjustments it deems fair and appropriate, in view of such change, in the number of shares of Shares subject to the Restricted Stock Units then subject to this Agreement. If any such adjustment shall result in a fractional Share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vocus, Inc.)

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