Common use of Binding Nature of Adjustments Clause in Contracts

Binding Nature of Adjustments. Adjustments under this Article ------------------------------------------ 6 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 6 contracts

Samples: Incentive Stock Option Grant Agreement (Network Access Solutions Corp), Grant Agreement (Network Access Solutions Corp), Incentive Stock Option Grant Agreement (Network Access Solutions Corp)

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Binding Nature of Adjustments. Adjustments under this Article ------------------------------------------ 6 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 1 contract

Samples: 1998 Stock Incentive Plan (Powerize Com Inc)

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Binding Nature of Adjustments. Adjustments under this Article 6 ------------------------------------------ 6 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 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Network Access Solutions Corp)

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