Common use of Capitalization Adjustments Clause in Contracts

Capitalization Adjustments. In the event of a Capitalization Adjustment, the Board will appropriately and proportionately adjust: (i) the class(es) and maximum number of securities subject to the Plan pursuant to Section 3(a), (ii) the class(es) and maximum number of securities that may be issued pursuant to the exercise of Incentive Share Options pursuant to Section 3(b), (iii) the class(es) and number of securities and price per share of Ordinary Shares subject to outstanding Awards, or (iv) the issuer of the Awards. The Board will make such adjustments, and its determination will be final, binding and conclusive.

Appears in 4 contracts

Samples: Business Combination Agreement (TradeUP Global Corp), Business Combination Agreement (TradeUP Global Corp), Business Combination Agreement (Grab Holdings LTD)

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Capitalization Adjustments. In the event of a Capitalization Adjustment, the Board will appropriately and proportionately adjust: (i) the class(es) and maximum number of securities subject to the Plan pursuant to Section 3(a), (ii) the class(es) and maximum number of securities that may be issued pursuant to the exercise of Incentive Share Stock Options pursuant to Section 3(b3(c), and (iii) the class(es) and number of securities and price per share of Ordinary Shares stock subject to outstanding Awards, or (iv) the issuer of the Stock Awards. The Board will make such adjustments, and its determination will be final, binding and conclusive.

Appears in 1 contract

Samples: Option Agreement (Atreca, Inc.)

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