Common use of Changes in Stock Clause in Contracts

Changes in Stock. In the event there are any changes in the Class A Common Stock of the Company through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares, rights offering or any other change affecting the Class A Common Stock of the Company, appropriate changes shall be made by the Board of Directors of the Company, in the aggregate number of shares and the purchase price and kind of shares subject to this Option, to prevent substantial dilution or enlargement of the rights granted to or available for Director.

Appears in 8 contracts

Samples: Director Stock Option Agreement, Director Nonqualified Stock Option Agreement (Brady Corp), Director Nonqualified Stock Option Agreement (Brady Corp)

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Changes in Stock. In the event there are any changes in the Class A Common Stock of the Company through merger, consolidation, reorganization, recapitalizationa stock split, stock dividend, stock split, combination or exchange of shares, rights offering or any other similar change affecting the Class A Common Stock of the Company, appropriate changes shall be made by the Board of Directors of the Companyshall make, such changes in the aggregate number of shares and the purchase number, price and kind of shares subject to this Optionoption, as are appropriate and equitable to prevent substantial dilution any diminution or enlargement of the rights granted to or available for Director.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Weyco Group Inc), Nonqualified Stock Option Agreement (Weyco Group Inc), Nonqualified Stock Option Agreement (Weyco Group Inc)

Changes in Stock. In the event there are any changes in the Class A Common Stock of the Company Corporation through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares, rights offering or any other change affecting the Class A Common Stock of the CompanyCorporation, appropriate changes shall may be made by the Committee, subject to approval of the Board of Directors of the CompanyCorporation, in the aggregate number of shares and the purchase price and kind of shares subject to this Option, to prevent substantial dilution or enlargement of the rights granted to or available for DirectorEmployee.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Brady Corp), Nonqualified Stock Option Agreement (Brady Corp), Nonqualified Stock Option Agreement (Brady Corp)

Changes in Stock. In the event there are any changes in the Class A Common Stock of the Company through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, combination or exchange of shares, rights offering or any other change affecting the Class A Common Stock of the Company, appropriate changes shall may be made by the Board of Directors of the CompanyCommittee, in the aggregate number of shares and the purchase price and kind of shares subject to this Option, to prevent substantial dilution or enlargement of the rights granted to or available for DirectorOptionee.

Appears in 1 contract

Samples: Stock Option Agreement (Cade Industries Inc)

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Changes in Stock. In the event there are any changes of any, change in the Class A Common Stock Company’s common stock through the declaration of the Company through mergerextraordinary dividends, consolidation, reorganizationstock dividends, recapitalization, stock dividendsplits, stock splitor combinations or exchanges of Common Stock, combination or exchange in the event of shares, rights offering a sale of al I or any other change affecting the Class A Common Stock substantially all of the Companyassets of the Company or the merger or consolidation of the Company with or into another corporation, appropriate changes or in the event of other similar transactions, there shall be made by an appropriate adjustment to the Board of Directors of the Company, in the aggregate number of shares and the purchase price and kind of shares subject to this OptionShares and, if applicable, to prevent substantial dilution or enlargement of the rights granted to or available for Directorprice thereof.

Appears in 1 contract

Samples: Restricted Stock Agreement (General Maritime Corp/)

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