Common use of Dilution or Other Adjustments Clause in Contracts

Dilution or Other Adjustments. If there shall be any change in the shares of voting common stock of the Company through merger, consolidation, reorganization, recapitalization, dividend in the form of stock (of whatever amount), stock split or other change in the corporate structure, appropriate adjustments in the outstanding options shall be made by the Company. In the event of any such changes, adjustments shall include, where appropriate, changes in the aggregate number of shares subject and the price per share subject to outstanding and future options in order to prevent dilution or enlargement of option rights.

Appears in 4 contracts

Samples: Consulting Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn), Consulting Agreement (Hypertension Diagnostics Inc /Mn)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!