Changes in Capital Structure. If the outstanding Class A Common Stock of the Company is hereafter increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any stock split, combination of shares or dividend payable in shares, recapitalization or reclassification, appropriate adjustment shall be made by the Committee in the number and kind of shares subject to this Agreement so that the Recipient’s proportionate interest before and after the occurrence of the event is maintained.
Appears in 20 contracts
Samples: Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.), Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.), Long Term Incentive Award Agreement (Schnitzer Steel Industries, Inc.)
Changes in Capital Structure. If the outstanding Class A Common Stock of the Company is hereafter increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any stock split, combination of shares or dividend payable in shares, recapitalization or reclassification, appropriate adjustment shall be made by the Committee in the number and kind of shares subject to this Agreement so that the Recipient’s proportionate interest before and after the occurrence of the event is maintained.
Appears in 8 contracts
Samples: Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co), Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co), Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co)
