Common use of Change in Capitalization Clause in Contracts

Change in Capitalization. (a) The number and kind of unvested Restricted Shares shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 3 contracts

Samples: Restricted Stock Award (Omega Healthcare Investors Inc), Restricted Stock Award (Omega Healthcare Investors Inc), Stock Incentive Plan (Theragenics Corp)

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Change in Capitalization. (a) The number and kind of unvested Restricted Shares shall be proportionately adjusted for any increase or decrease in nonreciprocal transactions between the number Company and the holders of issued shares capital stock of Common Stock resulting from a subdivision or combination the Company that causes the per share value of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock change, such as a stock dividend, stock split, spinoff, rights offering, or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustmentrecapitalization through a large, nonrecurring cash dividend (each, an “Equity Restructuring”).

Appears in 3 contracts

Samples: Restricted Stock Award (Theragenics Corp), Restricted Stock Award (Theragenics Corp), Restricted Stock Award (Theragenics Corp)

Change in Capitalization. (a) The number and kind of unvested Restricted Shares shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 3 contracts

Samples: Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc), Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc), Performance Restricted Stock Unit Agreement (Omega Healthcare Investors Inc)

Change in Capitalization. (a) The number and kind of unvested shares of Common Stock subject to the Restricted Shares Stock Units (including, without limitation, Vested Stock Units) shall be proportionately adjusted for any increase or decrease in nonreciprocal transactions between the number Company and the holders of issued capital stock of the Company that cause the per share value of the shares of Common Stock resulting from a subdivision or combination of shares or referenced by the payment of Restricted Stock Units to change, such as a stock dividend, stock split, spinoff, rights offering, or recapitalization through a large, nonrecurring cash dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustmentdistribution (each, an “Equity Restructuring”).

Appears in 2 contracts

Samples: Restricted Stock Unit Award (Ruby Tuesday Inc), Restricted Stock Unit Award (Ruby Tuesday Inc)

Change in Capitalization. (a) The number and kind of unvested Performance Restricted Shares Stock Rights and the shares of Common Stock issuable pursuant thereto shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or if any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 2 contracts

Samples: Performance Restricted Stock Rights Agreement (Theragenics Corp), Performance Restricted Stock Rights Agreement (Theragenics Corp)

Change in Capitalization. (a) The number and kind of unvested Restricted Shares Stock Rights and the shares of Common Stock issuable pursuant thereto shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or if any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 1 contract

Samples: Restricted Stock Rights Agreement (Theragenics Corp)

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Change in Capitalization. (a) The number and kind of unvested Restricted Shares shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a spin-off, a subdivision or combination of shares shares, or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 1 contract

Samples: C&d Technologies Inc

Change in Capitalization. (a) The number and kind of unvested Restricted shares issued with respect to Performance Shares shall be proportionately adjusted for to reflect any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares shares, or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding that is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 1 contract

Samples: Performance Share Award (Global Aviation Holdings Inc.)

Change in Capitalization. (a) The number and kind of unvested Restricted Shares shall be proportionately adjusted for any increase or decrease in the number of issued shares of Common Stock resulting from a subdivision or combination of shares or the payment of a stock dividend in shares of Common Stock to holders of outstanding shares of Common Stock or any other increase or decrease in the number of shares of Common Stock outstanding is effected without receipt of consideration by the Company. No fractional shares shall be issued in making such adjustment.

Appears in 1 contract

Samples: Restricted Stock Agreement (Theragenics Corp)

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