Common use of Change of Capitalization Clause in Contracts

Change of Capitalization. If, prior to the time the restrictions imposed by Section 4 on the RSUs awarded hereunder lapse, the Company shall be reorganized, or consolidated or merged with another corporation, the appropriate amount of any stock, securities or other property exchangeable for shares of Stock pursuant to such reorganization, consolidation or merger shall be appropriately substituted for the Shares hereunder.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Avon Products Inc), Restricted Stock Unit Award Agreement (Avon Products Inc), Avon Products Inc

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Change of Capitalization. If, prior to the time the restrictions imposed by Section Paragraph 4 on the RSUs awarded hereunder lapse, the Company shall be reorganized, or consolidated or merged with another corporation, the appropriate amount of any stock, securities or other property exchangeable for shares Common Stock of Stock the Company pursuant to such reorganization, consolidation or merger shall be appropriately substituted for the Shares hereunder.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Avon Products Inc), Restricted Stock Unit Award Agreement (Avon Products Inc), Restricted Stock Unit Award Agreement (Avon Products Inc)

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Change of Capitalization. If, prior to the time the restrictions imposed by Section 4 this Agreement on the RSUs awarded hereunder lapse, the Company shall be reorganized, or consolidated or merged with another corporation, the appropriate amount of any stock, securities or other property exchangeable for shares of Stock pursuant to such reorganization, consolidation or merger shall be appropriately substituted for the Shares hereunder.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Avon Products Inc), Restricted Stock Unit Award Agreement (Avon Products Inc)

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