Common use of Dilution and Other Adjustments Clause in Contracts

Dilution and Other Adjustments. In the event of any change in the aggregate number of outstanding Common Shares by reason of any stock dividend or stock split, recapitalization, reclassification, merger, consolidation, combination or exchange of shares or other similar corporate change, then the Committee, shall adjust the Management Objectives and/or the number of Performance Shares then held by the Grantee. Such adjustments made by the Committee shall be conclusive and binding for all purposes of this Agreement.

Appears in 4 contracts

Samples: Performance Share Agreement (Diebold Inc), Performance Share Agreement (Diebold Inc), Performance Share Agreement (Diebold Inc)

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Dilution and Other Adjustments. In the event of any change in the aggregate number of outstanding Common Shares by reason of any stock dividend or stock split, recapitalization, reclassification, merger, consolidation, combination or exchange of shares or other similar corporate change, then the Committee, Committee shall adjust the Management Objectives and/or the number of Performance Shares then held by the GranteeParticipant. Such adjustments made by the Committee shall be conclusive and binding for all purposes of this Agreement.

Appears in 2 contracts

Samples: Performance Share Agreement (DIEBOLD NIXDORF, Inc), Performance Share Agreement (Diebold Inc)

Dilution and Other Adjustments. In the event of any change in the aggregate number of outstanding Common Shares by reason of any stock dividend or stock split, recapitalization, reclassification, merger, consolidation, combination or exchange of shares or other similar corporate change, then the Committee, Committee shall adjust the Management Objectives and/or the number of Performance Deferred Shares then held by the Grantee. Such adjustments made by the Committee shall be conclusive and binding for all purposes of this Agreement.

Appears in 1 contract

Samples: Long Term Incentive Deferred Share Agreement (Diebold Inc)

Dilution and Other Adjustments. In the event of any change in the aggregate number of outstanding Common Shares by reason of any stock dividend or stock split, recapitalization, reclassification, merger, consolidation, combination or exchange of shares or other similar corporate change, then the Committee, Committee shall adjust the Management Objectives and/or the number of Performance Shares then held by the Grantee. Such adjustments made by the Committee shall be conclusive and binding for all purposes of this Agreement.

Appears in 1 contract

Samples: Performance Share Agreement (Diebold Inc)

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Dilution and Other Adjustments. In the event of any change in the aggregate number of outstanding Common Shares by reason of any stock dividend or stock split, recapitalization, reclassification, merger, consolidation, combination or exchange of shares or other similar corporate change, then the Board, upon the recommendation of the Committee, shall adjust the Management Objectives and/or the number of Performance Shares then held by the Grantee. Such adjustments made by the Committee Board shall be conclusive and binding for all purposes of this Agreement.

Appears in 1 contract

Samples: Performance Share Agreement (Diebold Inc)

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