Common use of Board Authority to Make Adjustments Clause in Contracts

Board Authority to Make Adjustments. Adjustments under this Section 7 will be made by the Committee, whose determination as to what adjustments, if any, will be made and the extent thereof will be final and binding. No fractional shares will be issued pursuant to this Option on account of any such adjustments.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Agreement (Global Eagle Entertainment Inc.), Incentive Stock Option Agreement (Global Eagle Entertainment Inc.), Incentive Stock Option Agreement (Tile Shop Holdings, Inc.)

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Board Authority to Make Adjustments. Adjustments Any adjustments under this Section 7 6 will be made by the CommitteeBoard of Directors, whose determination as to what adjustments, if any, will be made and the extent thereof will be final final, binding and bindingconclusive. No fractional shares will be issued pursuant with respect to this Option Shares on account of any such adjustments.

Appears in 2 contracts

Samples: Special Performance Share Award Agreement (Staples Inc), Staples Inc

Board Authority to Make Adjustments. Adjustments Any adjustments under this Section 7 will be made by the Committeeboard of directors, whose determination as to what adjustments, if any, will be made and the extent thereof will be final final, binding and bindingconclusive. No fractional shares will be issued pursuant to this Option option on account of any such adjustments.

Appears in 1 contract

Samples: Art Technology Group Inc

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Board Authority to Make Adjustments. Adjustments under this Section 7 6 will be made by the CommitteeBoard of Directors, whose determination as to what adjustments, if any, will be made and the extent thereof will be final final, binding and bindingconclusive. No fractional shares will be issued pursuant to this Option option on account of any such adjustments.

Appears in 1 contract

Samples: Stock Option Agreement (Telepad Corp)

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