Common use of Adjustments Upon Change in Capitalization Clause in Contracts

Adjustments Upon Change in Capitalization. If, by operation of Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation or any successor corporation, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock immediately prior to the event and/or transaction.

Appears in 4 contracts

Samples: Restricted Stock Agreement (Stagwell Inc), Restricted Stock Agreement (MDC Partners Inc), Restricted Stock Grant Agreement (MDC Partners Inc)

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Adjustments Upon Change in Capitalization. If, by operation of Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation or any successor corporationcorporation or entity or other property, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock Units immediately prior to the event and/or transactiontransaction that gave rise to the operation of Section 10 of the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (MDC Partners Inc), Restricted Stock Unit Grant Agreement (MDC Partners Inc)

Adjustments Upon Change in Capitalization. If, by operation of Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation Company or any successor corporationcorporation or entity or other property, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock Performance Shares immediately prior to the event and/or transaction.transaction that gave rise to the operation of Section 10 of the Plan

Appears in 2 contracts

Samples: Agreement for Performance Shares (Lenox Group Inc), Agreement for Performance (Department 56 Inc)

Adjustments Upon Change in Capitalization. If, by operation of in accordance with Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation or any successor corporation, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock immediately prior to the event and/or transaction.

Appears in 1 contract

Samples: Inducement Restricted Stock Grant Agreement (MDC Partners Inc)

Adjustments Upon Change in Capitalization. If, by operation of Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation Company or any successor corporationCompany or entity or other property, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock Units immediately prior to the event and/or transaction.transaction that gave rise to the operation of Section 10 of the Plan. Exhibit 10.15.2

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Stagwell Inc)

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Adjustments Upon Change in Capitalization. If, by operation of Section 10 of the Plan, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation Company or any successor corporationCompany or entity or other property, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock Units immediately prior to the event and/or transactiontransaction that gave rise to the operation of Section 10 of the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Stagwell Inc)

Adjustments Upon Change in Capitalization. If, by operation reason of Section 10 of the Plana Change in Capitalization, the Grantee shall be entitled to new, additional or different shares of stock or securities of the Corporation or any successor corporationcorporation or entity or other property, such new, additional or different shares or other property shall thereupon be subject to all of the conditions and restrictions which were applicable to the shares of Restricted Stock immediately prior to the event and/or transactionsuch Change in Capitalization.

Appears in 1 contract

Samples: Restricted Stock Agreement (Department 56 Inc)

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