Common use of Exchange of Shares in Corporate Transactions Clause in Contracts

Exchange of Shares in Corporate Transactions. If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a party to such transaction, or for property, this Option shall apply to the securities or property into which the Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.

Appears in 6 contracts

Samples: Time Based Restricted Stock Unit Agreement (Christopher & Banks Corp), Stock Option Agreement (Christopher & Banks Corp), Stock Option Agreement (Christopher & Banks Corp)

AutoNDA by SimpleDocs

Exchange of Shares in Corporate Transactions. If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a party to such transaction, or for property, this Option option shall apply to the securities or property into which the Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.

Appears in 2 contracts

Samples: Stock Option Agreement (Christopher & Banks Corp), Non Qualified Stock Option Agreement (Christopher & Banks Corp)

Exchange of Shares in Corporate Transactions. If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding shares of Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a party to such transaction, or for property, this Option shall apply to the securities or property into which the Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.. «Name»– Non-Qualified Stock Option Agreement (March 9, 2018)

Appears in 1 contract

Samples: Stock Option Agreement (Christopher & Banks Corp)

Exchange of Shares in Corporate Transactions. If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding shares of Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a party to such transaction, or for property, this Option shall apply to the securities or property into which the Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.

Appears in 1 contract

Samples: Stock Option Agreement (Christopher & Banks Corp)

AutoNDA by SimpleDocs

Exchange of Shares in Corporate Transactions. If, pursuant to any reorganization, sale or exchange of assets, consolidation or merger, outstanding Common Stock of the Company is or would be exchanged for other securities of the Company or of another corporation which is a «Name» – Non-Qualified Stock Option Agreement («_____»«__», 201_) party to such transaction, or for property, this Option option shall apply to the securities or property into which the Common Stock covered hereby would have been changed or for which such Common Stock would have been exchanged had such Common Stock been outstanding at the time.

Appears in 1 contract

Samples: Stock Option Agreement (Christopher & Banks Corp)

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