Common use of Board Authority to Make Adjustments Clause in Contracts

Board Authority to Make Adjustments. Any adjustments under this Section 9 shall be made by the Board of Directors of the Company, 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 with respect to this option on account of any such adjustments.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Webhire Inc), Incentive Stock Option Agreement (Network Appliance Inc), Incentive Stock Option Agreement (Webhire Inc)

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Board Authority to Make Adjustments. Any adjustments Adjustments under this Section 9 shall will be made by the Board of Directors of the CompanyDirectors, 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 with respect to under this option Option on account of any such adjustments.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Vastera Inc)

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