Common use of Effect of Certain Changes Clause in Contracts

Effect of Certain Changes. Notwithstanding any other provision of the Plan, in the event of stock dividends, stock splits, reverse stock splits, recapitalizations, mergers, consolidations, combinations or exchanges of shares, spin-offs, reorganizations, liquidations and similar events affecting the capital structure of the Company, the Committee shall appropriately adjust the aggregate number of shares and class of shares subject to this award.

Effect of Certain Changes. Notwithstanding any other provision of the Plan, in the event of a change in the outstanding Common Stock of the Company by reason of a stock dividendsdividend, stock splitssplit-up, split-down, reverse stock splitssplit, recapitalizationsrecapitalization, mergersmerger, consolidationsconsolidation, combinations combination or exchanges exchange of shares, spin-offsoff, reorganizationsreorganization, liquidations and similar events affecting liquidation or the capital structure of the Companylike, then the Committee shall may appropriately adjust the aggregate number of shares and class of shares subject to this award, whose determination shall be conclusive.