Common use of Adjustments Upon Specified Events Clause in Contracts

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock contemplated by Section 16(b) of the Plan, the Committee will make adjustments, if appropriate, in the number and kind of securities subject to the Award. If any adjustment is made under Section 16(b) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Guess Inc), Restricted Stock Agreement (Guess Inc), Restricted Stock Agreement (Guess Inc)

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Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 7.3.1 of the Plan, the Committee will Administrator shall make adjustments, if appropriate, adjustments in accordance with such section in the number and kind of securities subject to that may become vested under the Award. If any adjustment is made under to the Restricted Shares pursuant to Section 16(b) 7.3.1 of the Plan, the restrictions applicable to the shares of Restricted Stock shall Shares will continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Restricted Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the CommitteeAdministrator, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (CytomX Therapeutics, Inc.), Restricted Stock Award Agreement (CytomX Therapeutics, Inc.), Stock Option Agreement (Durata Therapeutics, Inc.)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 7.3.1 of the Plan, the Committee will may, to such extent (if any) it deems appropriate and equitable in the circumstances, make adjustments, if appropriate, adjustments in the number and kind of securities subject to that may become vested under the Award. If any adjustment is made under to the Restricted Shares pursuant to Section 16(b) 7.3.1 of the Plan, the restrictions applicable to the shares of Restricted Stock shall Shares will continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Restricted Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) bearing deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Affinion Group, Inc.), Restricted Stock Agreement (Affinion Loyalty Group, Inc.)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 6.2 of the Plan, the Committee will shall make adjustments, if appropriate, adjustments as it deems appropriate in the number and kind of securities subject to the or other consideration that may become vested under an Award. If any adjustment is shall be made under Section 16(b) 6.2 of the Plan, the restrictions applicable to the such shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To Notwithstanding the foregoing, to the extent that the Restricted Property includes any cash, the commitment hereunder shall become an unsecured promise to pay an amount equal to such cash (other than regular cash dividends provided for in Section 5 hereof), with earnings attributable thereto as if such cash shall be amount had been invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to ) at such times and become a part of in such proportions as the Restricted PropertyStock would have vested.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Macerich Co), Restricted Stock Award Agreement (Macerich Co)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock contemplated by Section 16(b) of the Plan, the Committee will make adjustments, if appropriate, in the number and kind of securities subject to the Award. If any adjustment is made under Section 16(b) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 6 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Guess Inc), Restricted Stock Agreement (Guess Inc)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b6.2(a) of the Plan, the Committee will shall make adjustments, if appropriate, adjustments in accordance with such section in the number and kind of securities subject to that may become vested under the Award. If any adjustment is shall be made under Section 16(b6.2(a) of the Plan, the restrictions applicable to the shares of Restricted Stock Performance Shares shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockPerformance Shares” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted StockPerformance Shares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Performance Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Performance Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereofdividends), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Performance Share Award Agreement (International Game Technology)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock Corporation's stock contemplated by Section 16(b6.2(a) of the Plan, the Committee will make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to the that may become vested under an Award. If any adjustment is made under Section 16(b6.2(a) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” "RESTRICTED PROPERTY" and, for the purposes of this Award Agreement, "Restricted Stock" shall include "Restricted Property," unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Director Stock Option Agreement (International Game Technology)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock common stock contemplated by Section 16(b) 4.3 of the Plan, the Committee will shall make adjustments, if appropriate, adjustments in accordance with such section in the number and kind of securities subject to that may become vested under the Award. If any adjustment is made under Section 16(b) 4.3 of the PlanPlan and the Restricted Shares are not fully vested upon such event or prior thereto, the restrictions applicable to the shares of such Restricted Stock Shares shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Restricted Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereofdividends), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-Federal Deposit Insurance Corporation insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cti Biopharma Corp)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock common stock contemplated by Section 16(b) 7.1 of the Plan, the Committee will Administrator shall make adjustments, if appropriate, adjustments in accordance with such section in the number and kind of securities subject to that may become vested under the Award. If any adjustment is made under Section 16(b) 7.1 of the PlanPlan and the Restricted Shares are not fully vested upon such event or prior thereto, the restrictions applicable to the shares of such Restricted Stock Shares shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted StockShares” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Restricted Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereofdividends), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-Federal Deposit Insurance Corporation insured (subject to applicable insurance limits) deposits of a depository institution selected by the CommitteeAdministrator, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Cti Biopharma Corp)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 7.1 of the Plan, the Committee Administrator will make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to that may become vested under the Award. If any adjustment is made under to the Restricted Shares pursuant to Section 16(b) 7.1 of the Plan, the restrictions applicable to the shares of Restricted Stock shall Shares will continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context content otherwise requires) received in respect of such Restricted StockShares. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock Shares to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such Restricted Shares had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 3 hereof), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the CommitteeAdministrator, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Director Restricted Stock Award Agreement (Apria Healthcare Group Inc)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock contemplated by Section 16(b) of the Plan, the Committee will make adjustments, if appropriate, in the number and kind of securities subject to the Award. If any adjustment is made under Section 16(b) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured FDIC‑insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Agreement (Guess Inc)

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Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b6.2(a) of the Plan, the Committee will make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to the that may become vested under an Award. If any adjustment is made under Section 16(b6.2(a) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Employment Agreement (International Game Technology)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b6.2(a) of the Plan, the Committee will shall make adjustments, if appropriate, adjustments in accordance with such section in the number and kind of securities subject to that may become vested under the Award. If any adjustment is shall be made under Section 16(b6.2(a) of the Plan, the restrictions applicable to the such shares of Restricted Stock shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereofdividends), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (International Game Technology)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock contemplated by Section 16(b) of the Plan, the Committee will make adjustments, if appropriate, in the number and kind of securities subject to the Award. If any adjustment is made under Section 16(b) of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration consideration, property or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributable. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 6 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured FDIC‑insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Agreement (Guess Inc)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 7.6 of the Plan, the Committee will make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to the that may become vested under an Award. If any adjustment is made under Section 16(b) 7.6 of the Plan, the restrictions applicable to the shares of Restricted Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property,” unless the context otherwise requires) received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the Committee, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Committee, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Director Restricted Stock Award Agreement (International Game Technology)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the CompanyCorporation’s Common Stock stock contemplated by Section 16(b) 7.1 of the Plan, the Committee will Administrator shall make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to the that may become vested under a Restricted Stock Award. If any adjustment is shall be made under Section 16(b) 7.1 of the PlanPlan or a Change in Control Event shall occur and the shares of Restricted Stock are not fully vested upon such Change in Control Event or prior thereto, the restrictions applicable to the such shares of Restricted Common Stock shall continue in effect with respect to any consideration or other securities (the “Restricted Property” and, for the purposes of this Award Agreement, “Restricted Common Stock” shall include “Restricted Property,” ”, unless the context otherwise requires) received in respect of such Restricted Common Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Common Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Common Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the CommitteeAdministrator, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Quality Distribution Inc)

Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Company’s Common Stock Corporation's stock contemplated by Section 16(b) 7.1 of the Plan, the Committee will Administrator shall make adjustments, adjustments if appropriate, appropriate in the number and kind of securities subject to the that may become vested under a Restricted Stock Award. If any adjustment is shall be made under Section 16(b) 7.1 of the PlanPlan or a Change in Control Event shall occur and the shares of Restricted Stock are not fully vested upon such Change in Control Event or prior thereto, the restrictions applicable to the such shares of Restricted Common Stock shall continue in effect with respect to any consideration or other securities (the "Restricted Property" and, for the purposes of this Award Agreement, “Restricted "Common Stock" shall include "Restricted Property,” ", unless the context content otherwise requires) received in respect of such Restricted Common Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Common Stock to which the Restricted Property is attributableattributable vest, or would have vested pursuant to the terms hereof if such shares of Common Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash dividends provided for in Section 5 hereof), such cash shall be invested, pursuant to policies established by the CommitteeAdministrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the CommitteeAdministrator, the earnings on which shall be added to and become a part of the Restricted Property.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Quality Distribution Inc)

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