Common use of Adjustments Upon Changes in Clause in Contracts

Adjustments Upon Changes in. Common Stock In the event there is a stock dividend paid in shares of the Company's common stock or a recapitalization, a reclassification, stock split or a combination of shares with respect to such stock, the Committee shall have the power as provided in Section 6.9 of the 1996 Executive Stock Option Plan to make appropriate adjustments of the Option Price and/or of

Appears in 3 contracts

Samples: Stock Option Agreement (RCM Technologies Inc), Stock Option Agreement (RCM Technologies Inc), Stock Option Agreement (RCM Technologies Inc)

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Adjustments Upon Changes in. Common Stock In the event there is a stock dividend paid in shares of the Company's common stock or a recapitalization, a reclassification, stock split or a combination of shares with respect to such stock, the Committee shall have the power as provided in Section 6.9 of the 1996 Executive Stock Option Plan to make appropriate adjustments of the Option Price and/or ofof the numbers of Shares as to which such Option is then exercisable, to the end that Xxxxxx'x proportionate interest shall be maintained as before the occurrence of such event.

Appears in 1 contract

Samples: Stock Option Agreement (RCM Technologies Inc)

Adjustments Upon Changes in. Common Stock In the event there is a stock dividend paid in shares of the Company's common stock or a recapitalization, a reclassification, stock split or a combination of shares with respect to such stock, the Committee shall have the power as provided in Section 6.9 of the 1996 Executive 1994 Non Employee Director Stock Option Plan to make appropriate adjustments of the Option Price and/or ofof the numbers of Shares as to which such Option is then exercisable, to the end that Xxxxx'x proportionate interest shall be maintained as before the occurrence of such event.

Appears in 1 contract

Samples: Stock Option Agreement (RCM Technologies Inc)

Adjustments Upon Changes in. Common Stock In the event there is a stock dividend paid in shares of the Company's common stock or a recapitalization, a reclassification, stock split or a combination of shares with respect to such stock, the Committee shall have the power as provided in Section 6.9 of the 1996 Executive Stock Option Plan to make appropriate adjustments of the Option Price and/or ofof the numbers of Shares as to which such Option is then exercisable, to the end that Xxxxx'x proportionate interest shall be maintained as before the occurrence of such event.

Appears in 1 contract

Samples: Stock Option Agreement (RCM Technologies Inc)

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Adjustments Upon Changes in. Common Stock In the event there is a stock dividend paid in shares of the Company's common stock or a recapitalization, a reclassification, stock split or a combination of shares with respect to such stock, the Committee shall have the power as provided in Section 6.9 of the 1996 Executive Stock Option Plan to make appropriate adjustments of the Option Price and/or ofof the numbers of Shares as to which such Option is then exercisable, to the end that Xxxx'x proportionate interest shall be maintained as before the occurrence of such event.

Appears in 1 contract

Samples: Stock Option Agreement (RCM Technologies Inc)

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