Extraordinary distribution. A. Extraordinary distribution by Nokia If Nokia carries out a distribution of a special dividend, as defined for purposes of Nokia’s then applicable stock option plans, the Exchange Ratio shall be adjusted in accordance with the then applicable stock option plans. B. Extraordinary distribution by the Company If the Company carries out a distribution of an amount higher than the Company’s previous year net consolidated profit including a distribution of shares of a spin-off entity, (the “Company Extraordinary Distribution”) after the end of the Public Exchange Offers period, the Exchange Ratio shall be adjusted as follows: Exchange RatioAdjusted = (Exchange Ratio x PNokia) - EDAlcatel
Appears in 3 contracts
Samples: Underwater Stock Options Liquidity Agreement (Alcatel Lucent), Lock Up Stock Options Liquidity Agreement (Alcatel Lucent), Stock Options Acceleration Agreement (Alcatel Lucent)
Extraordinary distribution. A. Extraordinary distribution by Nokia If Nokia carries out a distribution of a special dividend, as defined for purposes of Nokia’s then applicable stock option performance shares plans, the Exchange Ratio shall be adjusted in accordance with the then applicable stock option performance shares plans.
B. Extraordinary distribution by the Company If the Company carries out a distribution of an amount higher than the Company’s previous year net consolidated profit including a distribution of shares of a spin-off entity, (the “Company Extraordinary Distribution”) after the end of the Public Exchange Offers period, the Exchange Ratio shall be adjusted as follows: Exchange RatioAdjusted = (Exchange Ratio x PNokia) - EDAlcatel
Appears in 2 contracts
Samples: Performance Shares Liquidity Agreement (Alcatel Lucent), Performance Shares Liquidity Agreement (Alcatel Lucent)
