Common use of Adjustments to Shares Clause in Contracts

Adjustments to Shares. Pursuant to Section 4 of the Plan, the Committee may make appropriate adjustments to the number and class of shares relating to Restricted Stock as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 4 of the Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Abraxas Petroleum Corp), Restricted Stock Award Agreement (Globalscape Inc), Restricted Stock Award Agreement (Abraxas Petroleum Corp)

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Adjustments to Shares. Pursuant to Section 4 5 of the Plan, the Committee may make appropriate adjustments to the number and class of shares relating to Restricted Stock as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s adjustment shall be made in accordance with the provisions of Section 4 5 of the Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Abraxas Petroleum Corp), Restricted Stock Award Agreement (Abraxas Petroleum Corp)

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Adjustments to Shares. Pursuant to Section 4 of the Plan, the Committee may make appropriate adjustments to the number and class of shares relating to Restricted Stock as it deems appropriate, in its sole discretion, to preserve the value of this Award. The Committee’s 's adjustment shall be made in accordance with the provisions of Section 4 of the Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Abraxas Petroleum Corp)

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