Common use of Adjustments Upon the Occurrence of Certain Events Clause in Contracts

Adjustments Upon the Occurrence of Certain Events. (a) In the case of a stock dividend or a stock split with respect to the Common Stock, the number of shares subject to the Award shall be increased by the number of shares the Holder would have received had he owned outright the shares subject to the Award on the record date for payment of the stock dividend or the stock split.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Barnes Group Inc), Performance Share Award Agreement (Barnes Group Inc)

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Adjustments Upon the Occurrence of Certain Events. (a) In the case of a stock dividend or a stock split with respect to the Common Stock, the number of shares subject to the Award shall be increased by the number of additional shares the Holder would have received had he owned outright the shares subject to the Award on the record date for payment of the stock dividend or the stock split.

Appears in 2 contracts

Samples: Performance Share Award Agreement (Barnes Group Inc), Performance Share Award Agreement (Barnes Group Inc)

Adjustments Upon the Occurrence of Certain Events. (a) In the case of a stock dividend or a stock split with respect to the Common Stock, the number of shares subject to the Award Performance Unit Awards shall be increased by the number of additional shares the Holder would have received had he owned outright the a number of shares subject of Common Stock equal to the Award number of Performance Unit Awards on the record date for payment of the stock dividend or the stock split.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Barnes Group Inc)

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Adjustments Upon the Occurrence of Certain Events. (a) In the case of a stock dividend or a stock split with respect to the Common Stock, the number of shares subject to the Award shall be increased by the number of shares the Holder Employee would have received had he owned outright the shares subject to the Award on the record date for payment of the stock dividend or the stock split.

Appears in 1 contract

Samples: Performance Share Award Agreement (Angiodynamics Inc)

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