Common use of Extraordinary Items Clause in Contracts

Extraordinary Items. In the event of the Company’s merger with a mutual institution, conversion to a stock company or other material change in the Company’s total capitalization that occurs after the establishment by the Company of the Officer’s Phantom SAR’s Account, the number of outstanding Phantom SAR shares subject to this Agreement shall be adjusted accordingly.

Extraordinary Items. In the event of the Company’s merger with a mutual institution, conversion to a stock company or other material change in the Company’s total capitalization that occurs after the establishment by the Company of the OfficerDirector’s Phantom SAR’s Account, the number of outstanding Phantom SAR shares subject to this Agreement shall be adjusted accordingly.

Extraordinary Items. In the event of the Company’s Bank's merger with a mutual institution, conversion to a stock company or other material change in the Company’s Bank's total capitalization that occurs after the establishment by the Company Bank of the Officer’s Executive's Phantom SAR’s 's Account, the number of outstanding Phantom SAR shares subject to this Agreement shall be adjusted accordingly.