Common use of Capital Adjustments and Corporate Events Clause in Contracts

Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares as a class without the Company’s receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c) of the Plan. Any and all new, substituted or additional securities to which Participant may be entitled by reason of Participant’s ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as “Unvested Awarded Shares” for purposes of this Agreement.

Appears in 9 contracts

Samples: Plan Restricted Stock Agreement (Sanchez Energy Corp), Restrictive Covenant Agreement (Sanchez Energy Corp), Restrictive Covenant Agreement (Sanchez Energy Corp)

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Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares Stock as a class without the Company’s receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c) Article 9 of the Plan. Any and all new, substituted or additional securities to which Participant Grantee may be entitled by reason of ParticipantGrantee’s ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as “Unvested Awarded Shares” for purposes of this Agreement.

Appears in 6 contracts

Samples: Restricted Stock Agreement (SWS Group Inc), Restricted Stock Agreement (Us Home Systems Inc), Restricted Stock Agreement (SWS Group Inc)

Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares as a class without the Company’s receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c12(a) of the Plan. Any and all new, substituted or additional securities to which Participant may be entitled by reason of Participant’s ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as “Unvested Awarded Shares” for purposes of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Quanta Services Inc)

Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares Stock as a class without the Company’s 's receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c11(a) of the Plan. Any and all new, substituted or additional securities to which Participant Grantee may be entitled by reason of Participant’s Xxxxxxx's ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as "Unvested Awarded Shares" for purposes of this Agreement.

Appears in 1 contract

Samples: Quanta Services Inc

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Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares Stock as a class without the Company’s receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c11(a) of the Plan. Any and all new, substituted or additional securities to which Participant Grantee may be entitled by reason of ParticipantGxxxxxx’s ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as “Unvested Awarded Shares” for purposes of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Quanta Services Inc)

Capital Adjustments and Corporate Events. If, from time to time during the term of this Agreement, there is any capital adjustment affecting the outstanding Common Shares Stock as a class without the Company’s receipt of consideration, the Unvested Awarded Shares shall be adjusted in accordance with the provisions of Section 4(c11(a) of the Plan. Any and all new, substituted or additional securities to which Participant may be Grantee maybe entitled by reason of ParticipantGxxxxxx’s ownership of the Unvested Awarded Shares hereunder because of a capital adjustment shall be immediately subject to the forfeiture provisions of this Agreement and included thereafter as “Unvested Awarded Shares” for purposes of this Agreement.

Appears in 1 contract

Samples: Quanta Services Inc

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