Common use of Board Determinations Clause in Contracts

Board Determinations. To the extent that the foregoing adjustments relate to shares of Common Stock or other securities, such adjustments shall be made by the Board, whose determination in that respect shall be final, binding and conclusive; provided that if stock options granted under the Hybridon, Inc. Amended and Restated 1997 Stock Option Plan ("Plan") are adjusted in connection with one or more of the events described in this Section 9, the Option shall be adjusted in a manner that is not less favorable than adjustments to stock options granted under the Plan.

Board Determinations. To the extent that the foregoing adjustments relate to shares of Common Stock or other securities, such adjustments shall be made by the Board, whose determination in that respect shall be final, binding and conclusive; provided that if stock options granted under the Hybridon, Inc. Amended and Restated 1997 Stock Option Plan ("PlanPLAN") are adjusted in connection with one or more of the events described in this Section SECTION 9, the Option shall be adjusted in a manner that is not less favorable than adjustments to stock options granted under the Plan.

Board Determinations. To the extent that the foregoing adjustments relate to shares of Common Stock or other securities, such adjustments shall be made by the Board, whose determination in that respect shall be final, binding and conclusive; provided that if stock options granted under the Hybridon, Inc. Amended and Restated 1997 Stock Option Plan ("Plan") are adjusted in connection with one or more of the events described in this Section SECTION 9, the Option shall be adjusted in a manner that is not less favorable than adjustments to stock options granted under the Plan.