Common use of ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER, ETC Clause in Contracts

ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER, ETC. AND ACCELERATION OF EXERCISABILITY. In the event that, by reason of any merger, consolidation, combination, liquidation, reorganization, recapitalization, stock divided, stock split, split-up, split-off, spin-off, combination of shares, exchange of shares or other like change in capital structure of Holdings (collectively, a "Reorganization"), the Stock is substituted, combined, or changed into any cash, property, or other securities, or the shares of Stock are changed into a greater or lesser number of shares of Stock, the number and/or kind of shares and/or, interests subject to an Option and the Exercise Price or value thereof shall be appropriately adjusted by the Committee to give appropriate effect to such Reorganization. Any fractional shares or interests resulting from such adjustment shall be eliminated. All of the provisions of this Paragraph to the contrary not withstanding, Holdings shall have the right to grant stock appreciation right agreements, to issue additional stock options and/or to issue additional shares of stock. If any such stock appreciation right agreements are granted, additional stock options issued and/or additional shares of stock are issued to others out of authorized but unissued shares, even though the result of such stock appreciation right agreements granted, stock options issued and/or stock issues dilute either the percentage of ownership of the Holder or the value per share of any stock or Option herein granted and, in any such event, Holder's rights hereunder shall not be increased in any way.

ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER, ETC. AND ACCELERATION OF EXERCISABILITY. In the event that, by reason of any merger, consolidation, combination, liquidation, reorganization, recapitalization, stock divided, stock split, split-up, split-off, spin-off, combination of shares, exchange of shares or other like change in capital structure of Holdings the Corporation (collectively, a "Reorganization"), the Stock is substituted, combined, or changed into any cash, property, or other securities, or the shares of Stock are changed into a greater or lesser number of shares of Stock, the number and/or kind of shares and/or, interests subject to an Option and the Exercise Price or value thereof shall be appropriately adjusted by the Committee to give appropriate effect to such Reorganization. Any fractional shares or interests resulting from such adjustment shall be eliminated. All of the provisions of this Paragraph paragraph to the contrary not withstanding, Holdings the Corporation shall have the right to grant stock appreciation right agreements, agreements to others and/or issue additional stock options, if such options and/or to issue additional shares of stock. If any such stock appreciation right agreements are granted, additional stock options issued and/or additional shares of stock are issued to others out of authorized but unissued shares, even though the result of such stock appreciation right agreements granted, and/or stock options issued and/or stock issues dilute either the percentage of ownership of the Holder or the value per share of any stock or Option herein granted and, in any such event, Holder's rights hereunder shall not be increased in any way.

ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER, ETC. AND ACCELERATION OF EXERCISABILITY. In the event that, by reason of any merger, consolidation, combination, liquidation, reorganization, recapitalization, stock divided, stock split, split-up, split-off, spin-off, combination of shares, exchange of shares or other like change in capital structure of Holdings (collectively, a "Reorganization"), the Stock is substituted, combined, or changed into any cash, property, or other securities, or the shares of Stock are changed into a greater or lesser number of shares of Stock, the number and/or kind of shares and/or, interests subject to an Option and the Exercise Price or value thereof shall be appropriately adjusted by the Committee to give appropriate effect to such Reorganization. Any fractional shares or interests resulting from such adjustment shall be eliminated. All of the provisions of this Paragraph to the contrary not withstanding, Holdings shall have the right to grant stock appreciation right agreements, to issue additional stock options and/or to issue additional shares of stock. If any such stock appreciation right agreements are granted, additional stock options issued and/or additional shares of stock are issued to others out of authorized but unissued shares, even though the result of such stock appreciation right agreements granted, stock options issued and/or stock issues dilute either the percentage of ownership of the Holder or the value per share of any stock or Option herein granted and, in any such event, Holder's rights hereunder shall not be increased in any way.of

ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER, ETC. AND ACCELERATION OF EXERCISABILITY. In the event that, by reason of any merger, consolidation, combination, liquidation, reorganization, recapitalization, stock divided, stock split, split-up, split-off, spin-off, combination of shares, exchange of shares or other like change in capital structure of Holdings (collectively, a "Reorganization"), the Stock is substituted, combined, or changed into any cash, property, or other securities, or the shares of Stock are changed into a greater or lesser number of shares of Stock, the number and/or kind of shares and/or, interests subject to an Option and the Exercise Price or value thereof shall be appropriately adjusted by the Committee to give appropriate effect to such Reorganization. Any fractional shares or interests resulting from such adjustment shall be eliminated. All of the provisions of this Paragraph to the contrary not withstanding, Holdings shall have the right to grant stock appreciation right agreements, to issue additional stock options and/or to issue additional shares of stock. If any such stock appreciation right agreements are granted, additional stock options issued and/or additional shares of stock are issued to others out of authorized but unissued shares, even though the result of such stock appreciation right agreements granted, stock options issued and/or stock issues dilute either the percentage of ownership of the Holder or the value per share of any stock or Option herein granted and, in any such event, Holder's rights hereunder shall not be increased in any way.right