Common use of Binding Nature of Adjustments Clause in Contracts

Binding Nature of Adjustments. Adjustments under this Section 9 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 the Options on account of any such adjustments. The terms and conditions of this Agreement shall apply with equal force to any additional and/or substitute securities received by the Employee pursuant to this Section 9 in exchange for, or by virtue of the Employee’s ownership of, the Options or the Option Shares, except as otherwise determined by the Administrator.

Binding Nature of Adjustments. Adjustments under this Section 9 8 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 the Options on account of any such adjustments. The terms and conditions of this Agreement shall apply with equal force to any additional and/or substitute securities received by the Employee Optionee pursuant to this Section 9 8 in exchange for, or by virtue of the EmployeeOptionee’s ownership of, the Options or the Option Shares, except as otherwise determined by the Administrator.

Binding Nature of Adjustments. Adjustments under this Section 9 11 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 the Options on account of any such adjustments. The terms and conditions of this Agreement shall apply with equal force to any additional and/or substitute securities received by the Employee Optionee pursuant to this Section 9 11 in exchange for, or by virtue of the EmployeeOptionee’s ownership of, the Options or the Option Shares, except as otherwise determined by the Administrator.

Binding Nature of Adjustments. Adjustments under this Section 9 8 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 the Options on account of any such adjustments. The terms and conditions of this Agreement shall apply with equal force to any additional and/or substitute securities received by the Employee Optionee pursuant to this Section 9 10 in exchange for, or by virtue of the EmployeeOptionee’s ownership of, the Options or the Option Shares, except as otherwise determined by the Administrator.

Binding Nature of Adjustments. Adjustments under this Section 9 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 the Options on account of any such adjustments. The terms and conditions of this Agreement shall apply with equal force to any additional and/or substitute securities received by the Employee Optionee pursuant to this Section 9 in exchange for, or by virtue of the EmployeeOptionee’s ownership of, the Options or the Option Shares, except as otherwise determined by the Administrator.