Common use of Effect of Certain Changes Clause in Contracts

Effect of Certain Changes. In the event of any merger, reorganization, consolidation, recapitalization, share dividend, share split, combination of shares or other change in corporate structure of the Company affecting the Common Stock, the number of Restricted Shares which are granted shall be appropriately adjusted, as determined by the Company, to give proper effect to these changes, in accordance with the Plan. All adjustments made by the Company in good faith shall be final, conclusive and binding on the Director.

Appears in 2 contracts

Samples: Restricted Share Award Agreement (Inland Real Estate Income Trust, Inc.), Restricted Share Award Agreement (Inland Real Estate Income Trust, Inc.)

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Effect of Certain Changes. In the event of any merger, reorganization, consolidation, recapitalization, share dividend, share split, combination of shares or other change in corporate structure of the Company affecting the Common StockShares, the number of Restricted Shares Share Units which are granted shall be appropriately adjusted, as determined by the Company, to give proper effect to these changes, in accordance with the Plan. All adjustments made by the Company in good faith shall be final, conclusive and binding on the Director.

Appears in 2 contracts

Samples: Restricted Share Unit Award Agreement (Inland Real Estate Income Trust, Inc.), Restricted Share Unit Award Agreement (Inland Real Estate Income Trust, Inc.)

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Effect of Certain Changes. In the event of any merger, reorganization, consolidation, recapitalization, share dividend, share split, combination of shares or other change in corporate structure of the Company affecting the Common Stock, the number of Restricted Shares which are granted shall be appropriately adjusted, as determined by the Company, to give proper effect to these changes, in accordance with changes on or after the Plandate hereof. All adjustments made by the Company in good faith shall be final, conclusive and binding on the Director.

Appears in 1 contract

Samples: Restricted Share Award Agreement (Inland Residential Properties Trust, Inc.)

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