Adjustments Upon Change in Capitalization. The terms of this Agreement, including the Restricted Stock, shall be subject to adjustment in accordance with Section 12 of the Plan. This paragraph shall also apply with respect to any extraordinary dividend or other extraordinary distribution in respect of the Company’s Common Stock (whether in the form of cash or other property).
Appears in 4 contracts
Samples: Restricted Stock Agreement (Hilton Grand Vacations Inc.), Restricted Stock Agreement (Hilton Grand Vacations Inc.), Restricted Stock Agreement (Hilton Worldwide Holdings Inc.)
Adjustments Upon Change in Capitalization. The terms of this Agreement, including the Restricted StockPerformance Shares, shall the Participant’s Performance Share Account, any dividend equivalent payments accrued pursuant to Section 7, and/or the Shares, will be subject to adjustment in accordance with Section 12 13 of the Plan. This paragraph shall will also apply with respect to any extraordinary dividend or other extraordinary distribution in respect of the Company’s Common Stock (whether in the form of cash or other property).
Appears in 3 contracts
Samples: Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.), Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.), Performance Share Unit Agreement (Hilton Worldwide Holdings Inc.)
Adjustments Upon Change in Capitalization. The terms of this Agreement, including the Restricted StockPerformance Shares and any dividend equivalent payments accrued pursuant to Section 6, shall be subject to adjustment in accordance with Section 12 of the Plan. This paragraph shall also apply with respect to any extraordinary dividend or other extraordinary distribution in respect of the Company’s Common Stock (whether in the form of cash or other property).
Appears in 1 contract
Samples: Performance Restricted Share Agreement (Hilton Worldwide Holdings Inc.)
