Change in Capitalization. If, prior to the time the restrictions imposed by Section 2 on the Restricted Stock granted hereunder lapse, the Company shall be reorganized or otherwise restructured, or consolidated or merged with another corporation (other than a Change in Control, which results in the immediate vesting of Restricted Stock), any stock, securities or other property exchangeable for such Stock pursuant to such reorganization, consolidation or merger shall be deposited with the Company and shall become subject to the restrictions and conditions of this Agreement to the same extent as if it had been the original property granted hereby, pursuant to Section 9 of the Plan.
Appears in 12 contracts
Samples: Restricted Stock Award Agreement (Bristol West Holdings Inc), Restricted Stock Award Agreement (Bristol West Holdings Inc), Restricted Stock Award Agreement (Bristol West Holdings Inc)
Change in Capitalization. If, prior to the time the restrictions imposed by Section 2 on the Restricted Stock granted hereunder lapse, If the Company shall be reorganized reorganized, recapitalized or otherwise restructured, or consolidated or merged with another corporation corporation, or otherwise undergo a significant corporate event, (other than a Change in Control, which results in a) the immediate vesting of Restricted Stock), Stock may be adjusted and (b) any stock, securities or other property exchangeable for such Common Stock pursuant to such reorganization, consolidation recapitalization, restructuring, consolidation, merger or merger other corporate event, shall be deposited with the Company and shall become subject to the restrictions and conditions of this Agreement to the same extent as if it had been the original property granted hereby, all pursuant to Section Sections 8 and 9 of the Plan.
Appears in 5 contracts
Samples: Restricted Stock Award Agreement (Us Foods, Inc.), Restricted Stock Award Agreement (Great North Imports, LLC), Restricted Stock Award Agreement (Del Monte Corp)
Change in Capitalization. If, prior to the time the restrictions imposed by Section 2 on the Restricted Stock granted hereunder lapse, the Company shall be reorganized reorganized, recapitalized or otherwise restructured, or consolidated or merged with another corporation corporation, or otherwise undergo a significant corporate event, (other than a Change in Control, which results in a) the immediate vesting of Restricted Stock), Stock may be adjusted or cancelled and (b) any stock, securities or other property exchangeable for such Common Stock pursuant to such reorganization, consolidation recapitalization, restructuring, consolidation, merger or merger other corporate event, shall be deposited with the Company and shall become subject to the restrictions and conditions of this Agreement to the same extent as if it had been the original property granted hereby, all pursuant to Section Sections 8 and 9 of the Plan.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (ITC Holdings Corp.), Restricted Stock Award Agreement (Jostens Holding Corp), Restricted Stock Award Agreement (ITC Holdings Corp.)