Common use of ADJUSTMENTS UPON SPECIFIED CHANGES Clause in Contracts

ADJUSTMENTS UPON SPECIFIED CHANGES. Upon the occurrence of certain Events relating to the Corporation's stock, such as stock splits, combinations, extraordinary cash dividends, or mergers in which the Corporation is not the Surviving Corporation as further set forth in the Plan, adjustments will be made in the number and kind of shares that may be issuable under, or in the consideration payable with respect to, the Option.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Newstar Media Inc), Employment Agreement (Newstar Media Inc), Incentive Stock Option Agreement (Newstar Media Inc)

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ADJUSTMENTS UPON SPECIFIED CHANGES. Upon the occurrence of certain Events events relating to the Corporation's stockstock as set forth in the Plan, such as including stock splits, combinations, extraordinary cash dividends, dividends or mergers in which the Corporation is not the Surviving Corporation as further set forth in the PlanCorporation, adjustments will be made in the number and kind of shares that may be issuable under, or in the consideration payable with respect to, the OptionOption as such adjustments are set forth in the Plan.

Appears in 2 contracts

Samples: Employment Agreement (Kushner Locke Co), Employment Agreement (Kushner Locke Co)

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ADJUSTMENTS UPON SPECIFIED CHANGES. Upon the occurrence of certain Events events relating to the Corporation's stockstock as set forth in the Plan, such as including stock splits, combinations, extraordinary cash dividends, dividends or mergers in which the Corporation is not the Surviving Corporation as further set forth in the PlanCorporation, adjustments will shall be made in the number and kind of shares that may be issuable under, or in the consideration payable with respect to, the OptionOption as such adjustments are set forth in the Plan.

Appears in 1 contract

Samples: Stock Option Award Agreement (Us Search Corp Com)

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