Common use of Changes in Stock Clause in Contracts

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company, occurring after the date of grant of the Option, the number and kind of shares of Stock for which the Option was granted shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.

Changes in Stock. If the number of outstanding shares of Stock is are increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company on account by reason of any recapitalization, reclassification, stock split, reverse split-up, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company, Company occurring after the date of grant of the OptionOption is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of shares of Stock for which subject to the Option was granted shall be adjusted proportionately and accordingly Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before prior to such event. Any such adjustment in the Option shall not change the aggregate total Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company Corporation on account of any recapitalization, reclassification, stock split, reverse split-up, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the CompanyCorporation, occurring after the date of grant of the Option, the number and kind of shares of Stock for which the Option was granted shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company, Company occurring after the date of grant of the OptionGrant Date, the number and kind kinds of shares of Stock for which the may be acquired pursuant to this Option was granted shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in the this Option shall not change the aggregate Option Price payable with respect to shares that are subject to the unexercised portion of the Option outstanding but shall include a corresponding proportionate adjustment in the Option Price per share. The conversion of any convertible securities of the Company shall not be treated as an increase in shares effected without receipt of consideration.

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company on account of any recapitalization, reclassification, stock split, reverse split, split combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company, occurring after the date of grant of the Option, the number and kind kinds of shares of Stock for which the Option was granted shall be adjusted proportionately and accordingly by the Company so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company Corporation on account of any recapitalization, reclassification, stock split, reverse split-up, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the CompanyCorporation, occurring after the date Date of grant Grant of the Option, the number and kind of shares of Stock for which the Option was granted shall be adjusted proportionately and accordingly so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.

Changes in Stock. If the number of outstanding shares of Stock is are increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares or other securities of the Company on account by reason of any recapitalization, reclassification, stock split, reverse split-up, combination of shares, exchange of shares, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares effected without receipt of consideration by the Company, Company occurring after the date of grant of the OptionOption is granted, a proportionate and appropriate adjustment shall be made by the Company in the number and kind of shares of Stock for which subject to the Option was granted shall be adjusted proportionately and accordingly Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before prior to such event. Any such adjustment in the Option shall not change the aggregate total Option Price payable with respect to shares that are subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share."

Changes in Stock. If the number of outstanding shares of Stock is increased or decreased or the shares of Stock are changed into or exchanged for a different number or kind of shares Stock or other securities of the Company Corporation on account of any recapitalization, reclassification, stock split, reverse split, combination of sharesStock, exchange of sharesStock, stock dividend or other distribution payable in capital stock, or other increase or decrease in such shares Stock effected without receipt of consideration by the Company, Corporation occurring after the date of grant of the OptionOption is granted, a proportionate and appropriate adjustment shall be made by the Corporation in the number and kind of shares of Stock for which subject to the Option was granted shall be adjusted proportionately and accordingly Option, so that the proportionate interest of the Optionee immediately following such event shall, to the extent practicable, be the same as immediately before prior to such event. Any such adjustment in the Option shall not change the aggregate Option Price payable with respect to shares that are Stock subject to the unexercised portion of the Option but shall include a corresponding proportionate adjustment in the Option Price per share.