Common use of Binding Nature of Adjustments Clause in Contracts

Binding Nature of Adjustments. Adjustments under this Section 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 21 contracts

Samples: Qualified Stock Option Grant Agreement (Go-Page Corp), Qualified Stock Option Grant Agreement (Scio Diamond Technology Corp), Stock Option Grant Agreement (Scio Diamond Technology Corp)

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Binding Nature of Adjustments. Adjustments under this Section Article 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

Binding Nature of Adjustments. Adjustments under this Section 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this Option the Options on account of any such adjustments.

Appears in 8 contracts

Samples: Incentive Stock Option Grant Agreement (Mechanical Technology Inc), Stock Option Grant Agreement (Mechanical Technology Inc), Stock Option Grant Agreement (Howard Bancorp Inc)

Binding Nature of Adjustments. Adjustments under this Section 5 4 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 5 contracts

Samples: Non Qualified Stock Option Grant Agreement (Go-Page Corp), Sample Non Qualified Stock Option Grant Agreement (FOCUS GOLD Corp), Sample Non Qualified Stock Option Grant Agreement (Friendly Energy Exploration)

Binding Nature of Adjustments. Adjustments under this Section 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares Shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 3 contracts

Samples: Stock Option Grant Agreement, Incentive Stock Option Grant Agreement (Concur Technologies Inc), Nonstatutory Stock Option Grant Agreement (Concur Technologies Inc)

Binding Nature of Adjustments. Adjustments Modifications or adjustments under this Section Article 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this Option on account of any such modifications or adjustments.

Appears in 3 contracts

Samples: Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)

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Binding Nature of Adjustments. Adjustments under this Section 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding binding, and conclusive. No fractional shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Arkados Group, Inc.), Consultant Stock Option Grant Agreement (Cdknet Com Inc), Employee Stock Option Grant Agreement (Cdknet Com Inc)

Binding Nature of Adjustments. Adjustments under this Section Article 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this the Option on account of any such adjustments.

Appears in 1 contract

Samples: Omnibus Stock Plan (Ic Isaacs & Co Inc)

Binding Nature of Adjustments. Adjustments under this Section Article 5 will be made by the Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. No fractional shares will be issued pursuant to this the Option on account of any such adjustments.. ARTICLE 6

Appears in 1 contract

Samples: Omnibus Stock Plan Nonstatutory Stock Option Grant Agreement

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