Common use of Certain Adjustments to Reference Price or Number of Notional Shares Clause in Contracts

Certain Adjustments to Reference Price or Number of Notional Shares. In the event of: (i) a subdivision, consolidation or reclassification of the Paired Shares, or a free distribution or dividend of any Paired Shares to all existing holders of Paired Shares by way of bonus, capitalization or similar issue; or (ii) a distribution or dividend to all existing holders of Paired Shares of (A) additional Paired Shares or (B) other share capital or securities granting right to payment of dividends and/or the proceeds of liquidation of the Companies equally or proportionally with such payments to holders of Paired Shares,

Appears in 2 contracts

Samples: Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc), Purchase Agreement (Starwood Hotel & Resorts Worldwide Inc)

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