Capital Adjustments. The number of Covered Shares as to which the Option has not been exercised, the Exercise Price, and the type of stock or other consideration to be received on exercise of the Option shall be subject to such substitution, adjustment or change, if any, as the Committee in its sole discretion deems appropriate to reflect such events as stock dividends, split-ups, spin-offs, recapitalizations, reclassifications, combinations or exchanges of shares, mergers, consolidations, liquidations, and the like, of or by the Company. Any adjustment determined to be appropriate by the Committee shall be conclusive and shall be binding on the Optionee.
Appears in 18 contracts
Samples: Stock Purchase Agreement (American Caresource Holdings, Inc.), Incentive Stock Option Agreement (Radius Health, Inc.), Incentive Stock Option Agreement (Radius Health, Inc.)
Capital Adjustments. The number of Covered Shares as to which the Option has not been exercised, the Exercise Price, and the type of stock or other consideration to be received on exercise of the Option shall be subject to such substitution, adjustment or change, if any, as the Committee Administrator in its sole discretion deems appropriate to reflect such events as stock dividends, split-ups, spin-offs, recapitalizations, reclassifications, combinations or exchanges of shares, mergers, consolidations, liquidations, and or the like, of or by the CompanyCorporation. Any adjustment determined to be appropriate by the Committee Administrator shall be conclusive and shall be binding on the Optionee.
Appears in 8 contracts
Samples: Non Qualified Stock Option Grant Agreement (CASI Pharmaceuticals, Inc.), Non Qualified Stock Option Grant Agreement (CASI Pharmaceuticals, Inc.), Non Qualified Stock Option Grant Agreement (CASI Pharmaceuticals, Inc.)
Capital Adjustments. The number of Covered Shares as to which the Option has not been exercised, the Exercise Price, and the type of stock or other consideration to be received on exercise of the Option shall be subject to such substitution, adjustment or change, if any, as the Committee in its sole discretion deems appropriate to reflect such events as stock dividends, split-ups, spin-offs, recapitalizations, reclassifications, combinations or exchanges of shares, mergers, consolidations, liquidations, and or the like, of or by the Company. Any adjustment determined to be appropriate by the Committee shall be conclusive and shall be binding on the Optionee.
Appears in 6 contracts
Samples: Stock Option Agreement (Numerex Corp /Pa/), Incentive Stock Option Agreement (Macrogenics Inc), Stock Option Agreement (Macrogenics Inc)
