Common use of Adjustments to Your Restricted Stock Clause in Contracts

Adjustments to Your Restricted Stock. If there is a Stock dividend, Stock split, recapitalization (including payment of an extraordinary dividend), merger, consolidation, combination, spin-off, distribution of assets to shareholders, exchange of shares or other similar corporate change affecting the Stock, the Committee will appropriately adjust the number of shares of Restricted Stock and any other factors, limits or terms affecting your Restricted Stock. Notwithstanding the foregoing, an adjustment will be made only to the extent such adjustment complies with Section 409A of the Code, to the extent applicable.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Sb Financial Group, Inc.), Restricted Stock Award Agreement (Sb Financial Group, Inc.), Restricted Stock Award Agreement (Sb Financial Group, Inc.)

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Adjustments to Your Restricted Stock. If there is a Stock Share dividend, Stock Share split, recapitalization (including payment of an extraordinary dividend), merger, consolidation, combination, spin-off, distribution of assets to shareholdersstockholders, exchange of shares Shares or other similar corporate change affecting the StockShares, the Committee will appropriately adjust the number of shares Shares of Restricted Stock and any other factors, limits or terms affecting your Restricted Stock. Notwithstanding Any decision by the foregoing, an adjustment Committee as to the appropriate adjustments to be made to your Restricted Stock will be made only to the extent such adjustment complies with Section 409A of the Code, to the extent applicablebinding on you.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Evans Bob Farms Inc), Restricted Stock Award Agreement (Evans Bob Farms Inc), Restricted Stock Award Agreement (Evans Bob Farms Inc)

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