Common use of Apportionment of Option Price Clause in Contracts

Apportionment of Option Price. Upon any occurrence described in the preceding subsections (a) and (b), the aggregate Option Price for the shares of Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 21 contracts

Samples: Non Qualified Stock Option Agreement (Uqm Technologies Inc), Incentive Stock Option Agreement (Uqm Technologies Inc), Incentive Stock Option Agreement (Uqm Technologies Inc)

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Apportionment of Option Price. Upon any occurrence described in the preceding subsections (a), (b) and (b)c) of this Section 3, the aggregate Option Price for the shares of Common Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 3 contracts

Samples: Employment Agreement (Unicorp Inc /New), Employment Agreement (Unicorp Inc /New), Employment Agreement (Unicorp Inc /New)

Apportionment of Option Price. Upon any occurrence described in the preceding subsections 3(a), (a) b), and (bc), the aggregate Option Price for the shares of Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 2 contracts

Samples: Option Agreement (Brightstar Information Technology Group Inc), Incentive Stock Option Agreement (Woodson Louis)

Apportionment of Option Price. Upon any occurrence described ------------------------------ in the preceding subsections (a), (b) and (b)c) of this Section 3, the aggregate Option Price for the shares of Common Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 2 contracts

Samples: Employment Agreement (Unicorp Inc /New), Employment Agreement (Unicorp Inc /New)

Apportionment of Option Price. Upon any occurrence described in the preceding subsections 3(a), (a) b), and (bc), the aggregate Option Price for the shares of Common Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or of changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 1 contract

Samples: Stock Option Agreement (Brightstar Information Technology Group Inc)

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Apportionment of Option Price. Upon any occurrence described in ----------------------------- the preceding subsections (a) and (b), the aggregate Option Price for the shares of Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Qwest Communications International Inc)

Apportionment of Option Price. Upon any occurrence described in the preceding subsections Subsections 4 (a), (b) and (b)c) hereof, the aggregate Option Price for the shares of Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 1 contract

Samples: Stock Option Agreement (Apache Corp)

Apportionment of Option Price. Upon any occurrence described in the preceding subsections (a) and (b), the aggregate Option Price for the shares of Stock then subject to the Option shall remain unchanged and shall be apportioned ratably over the increased or decreased number or changed kinds of securities or other properties subject to the Option. Any fractional shares resulting from any of the foregoing adjustments shall be disregarded and eliminated from this Option.

Appears in 1 contract

Samples: Stock Option Agreement (Formus Communications Inc)

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