Common use of Change in Par Value Clause in Contracts

Change in Par Value. In the event of a change in the Company’s Shares, which is limited to a change of all of its authorized shares with par value into the same number of shares with a different par value or without par value, the shares resulting from any such change shall be deemed to be shares within the meaning of the Plan.

Appears in 11 contracts

Samples: Performance Unit Agreement for Executive Employees (Capstead Mortgage Corp), Performance Unit Agreement for Executive Employees (Capstead Mortgage Corp), Performance Unit Agreement (Capstead Mortgage Corp)

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Change in Par Value. In the event of a change in the Company’s Shares, Shares which is limited to a change of all of its authorized shares with par value into the same number of shares with a different par value or without par value, the shares resulting from any such change shall be deemed to be shares within the meaning of the Plan.

Appears in 10 contracts

Samples: Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp), Restricted Stock Agreement (Capstead Mortgage Corp)

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Change in Par Value. In the event of a change in the Common Stock of the Company’s Shares, as constituted as of the date of this Plan, which is limited to a change of in all of its authorized shares with par value into the same number of shares with a different par value or without par value, the shares resulting from any such change shall be deemed to be shares the Common Stock within the meaning of the Plan.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Sage Inc/Ca), Incentive Stock Option Agreement (Faroudja Inc)

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