Common use of Change in Outstanding Shares Clause in Contracts

Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through stock splits, stock dividends, stock consolidations, spin-offs, other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Award, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock received by the Grantee with respect to the Award Shares in any such transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.

Appears in 30 contracts

Samples: Performance Restricted Stock Agreement (Aar Corp), Performance Restricted Stock Agreement (Aar Corp), Director Restricted Stock Agreement (Aar Corp)

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Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through by reason of any stock splitsdividend or split, stock dividendsrecapitalization, stock consolidationsmerger, spin-offsconsolidation, combination or exchange of shares or other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Awardsimilar corporate change, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock stock received by the Grantee with respect to the Award Shares in any such transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.

Appears in 16 contracts

Samples: Restricted Stock Agreement (Aar Corp), Restricted Stock Agreement (Aar Corp), Restricted Stock Agreement (Aar Corp)

Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through by reason of any stock splitsdividend or split, stock dividendsrecapitalization, stock consolidationsmerger, spin-offsconsolidation, combination or exchange of shares or other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Awardsimilar corporate change, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock stock received by the Grantee with respect to the Award Shares in any such transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.. ​

Appears in 2 contracts

Samples: Restricted Stock Agreement (Aar Corp), Restricted Stock Agreement (Aar Corp)

Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through stock splits, stock dividends, stock consolidations, spin-offs, other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Award, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock received by the Grantee with respect to the Award Shares in any such transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.. ​

Appears in 1 contract

Samples: Director Restricted Stock Agreement (Aar Corp)

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Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through by reason of any stock splitsdividend or split, stock dividendsrecapitalization, stock consolidationsmerger, spin-offsconsolidation, combination or exchange of shares or other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Awardsimilar corporate change, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock stock received by the Grantee with respect to the Award Shares in any such ​ Fiscal 2024 ​ transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

Change in Outstanding Shares. In the event of any change in the outstanding shares of Common Stock occurring through by reason of any stock splitsdividend or split, stock dividendsrecapitalization, stock consolidationsmerger, spin-offsconsolidation, combination or exchange of shares or other distributions of assets to stockholders or assumption or conversion of outstanding Awards due to an acquisition after the Date of Awardsimilar corporate change, the Award Shares shall be treated in the same manner in any such transaction as other shares of Common Stock. Any additional shares of Common Stock stock received by the Grantee with respect to the Award Shares in any such transaction shall be subject to the same restrictions as are then applicable to those Award Shares for which the additional shares have been issued.. ​ ​

Appears in 1 contract

Samples: Restricted Stock Agreement (Aar Corp)

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