Common use of Discretionary Adjustment Clause in Contracts

Discretionary Adjustment. The Committee shall make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Change, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; provided that, fractional Shares shall be rounded to the nearest whole Share.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Valuevision Media Inc), Non Qualified Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision International Inc)

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Discretionary Adjustment. The Committee shall may in its sole discretion make appropriate adjustments in the number of Shares subject to this Option and in the purchase price Option Price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Changemerger, consolidation, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; provided that, fractional Shares shall be rounded to the nearest whole Share.

Appears in 3 contracts

Samples: Employee Stock Option Agreement (Metron Technology N V), Employee Stock Option Agreement (Metron Technology N V), Employee Stock Option Agreement (Metron Technology N V)

Discretionary Adjustment. The Committee shall may in its sole discretion make appropriate adjustments in the number of Shares shares subject to this the Option and in the purchase price per Share share to give effect to any adjustments change made in the number and type of outstanding Common Shares of the Company through a Fundamental Changemerger, consolidation, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; , provided that, that fractional Shares shares shall be rounded to the nearest whole Shareshare.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc)

Discretionary Adjustment. The Committee shall will make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Change, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; provided that, fractional Shares shall be rounded to the nearest whole Share.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc), Incentive Stock Option Agreement (Valuevision Media Inc)

Discretionary Adjustment. The Committee shall may in its sole discretion make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Changemerger, consolidation, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; provided that, fractional Shares shall be rounded to the nearest whole Share.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Fsi International Inc), Incentive Stock Option Agreement (Fsi International Inc), Employment Agreement (Fsi International Inc)

Discretionary Adjustment. The Committee shall may make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Change, recapitalization, reclassification, stock combination, stock dividend, stock split split, stock combination or other relevant change; provided that, fractional Shares shall be rounded to the nearest whole Share.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (HMN Financial Inc), Incentive Stock Option Agreement (HMN Financial Inc)

Discretionary Adjustment. The Committee shall may in its sole discretion make appropriate adjustments in the number of Shares shares subject to this the Option and in the purchase price per Share share to give effect to any adjustments made in the number and type of outstanding Common Shares of the Company through a Fundamental Changemerger, consolidation, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; , provided that, that fractional Shares shares shall be rounded to the nearest whole Shareshare.

Appears in 2 contracts

Samples: Employment Agreement (Digi International Inc), Nonstatutory Stock Option Agreement (Digi International Inc)

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Discretionary Adjustment. The Committee shall may make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental ChangeChange in Control, recapitalization, reclassification, stock combination, stock dividend, stock split split, reverse stock split, stock combination or other relevant change; provided that, that fractional Shares shall be rounded to the nearest whole Share.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Piper Jaffray Companies), Non Qualified Stock Option Agreement (Piper Jaffray Companies)

Discretionary Adjustment. The Committee shall will make appropriate adjustments in the number of Shares subject to this Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares through a Fundamental Change, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; provided thatprovided, that fractional Shares shall be rounded to the nearest whole Share.

Appears in 1 contract

Samples: Employment Agreement (Valuevision Media Inc)

Discretionary Adjustment. The Committee shall may in its sole discretion make appropriate adjustments in the number of Shares subject to this the Option and in the purchase price per Share to give effect to any adjustments made in the number and type of outstanding Shares of the Company through a Fundamental Changemerger, consolidation, recapitalization, reclassification, stock combination, stock dividend, stock split or other relevant change; , provided that, that fractional Shares shall be rounded to the nearest whole Shareshare.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (Pioneer Venture Fund)

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