Distributions and Adjustments. a) If any Shares vest subsequent to any change in the number or character of the Common Stock through any recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate transaction or event that affects the Shares covered by this Award of Restricted Stock, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock.
Appears in 4 contracts
Samples: Restricted Stock Award Agreement (Supervalu Inc), Restricted Stock Award Agreement (Supervalu Inc), Stock Plan Restricted Stock Award Agreement (Supervalu Inc)
Distributions and Adjustments. a) If any Restricted Shares vest subsequent to any change in the number or character of the Common Stock through any recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate transaction or event that affects the Restricted Shares covered by this Award of Restricted Stock, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock. Any such securities or other consideration shall be subject to Section 9(b) below pending vesting of the underlying Restricted Shares.
Appears in 2 contracts
Samples: Restricted Stock Award Agreement (Supervalu Inc), Restricted Stock Award Agreement (Supervalu Inc)
Distributions and Adjustments. a) If any Shares vest subsequent to any change in the number or character of the Common Stock of the Company through any recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase or exchange of Shares or other securities of the Company, issuance of warrants or other rights to purchase Shares or other securities of the Company or other similar corporate transaction or event that affects the Shares covered by this Award of Restricted Stock, you shall then receive upon such vesting the number and type of securities or other consideration which you would have received if such Shares had vested prior to the event changing the number or character of the outstanding Common Stock.
Appears in 1 contract