ADJUSTMENTS UPON SPECIFIED CHANGES. As set forth in Section 4.2 of ----------------------------------- the Plan, upon the occurrence of specified events relating to Tracker's stock, adjustments will be made in the number and kind of shares that may be issuable under an Option. In addition, upon the occurrence of specified events relating to Tracker, such as its dissolution or liquidation, a reorganization, merger or consolidation in which it is not the surviving corporation, or upon sale of all or substantially all of Tracker's property, unless provision is otherwise made and subject to the provisions of Section 4.4 of the Plan, the Plan and any outstanding Options will terminate.
Appears in 7 contracts
Samples: Non Qualified Stock Option Award Agreement (Tracker Corp of America), Incentive Stock Option Award Agreement (Tracker Corp of America), Stock Option Award Agreement (Tracker Corp of America)
