Common use of Limits on Adjustments Clause in Contracts

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee.

Appears in 28 contracts

Samples: Incentive Stock Option Agreement (Novavax Inc), Non Statutory Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Shiwana, Inc.)

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Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the OptioneeDirector.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Astropower Inc), Non Qualified Stock Option Agreement (Astropower Inc), Non Qualified Stock Option Agreement (Astropower Inc)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the OptioneeKey Employee.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Alpha Pro Tech LTD), Incentive Stock Option Agreement (Alpha Pro Tech LTD), Incentive Stock Option Agreement (Alpha Pro Tech LTD)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning for purposes of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the OptioneeEmployee.

Appears in 5 contracts

Samples: Notice of Assumption of Options (Webhire Inc), Notice of Assumption of Options (Webhire Inc), Incentive Stock Option Agreement (Intuit Inc)

Limits on Adjustments. No adjustment shall be made under this Section 9 8 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the OptioneeDirector.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Alpha Pro Tech LTD), Non Qualified Stock Option Agreement (Alpha Pro Tech LTD), Non Qualified Stock Option Agreement (Alpha Pro Tech LTD)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, if such adjustment would constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee, in either case within the meaning of any applicable provisions of the Code.

Appears in 3 contracts

Samples: Incentive Stock Option Agreement (Clinical Data Inc), Non Qualified Stock Option Agreement (Clinical Data Inc), Incentive Stock Option Agreement (Clinical Data Inc)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee.

Appears in 2 contracts

Samples: Non Statutory Stock Option Agreement (Distributed Energy Systems Corp), Nonstatutory Stock Option Agreement (Distributed Energy Systems Corp)

Limits on Adjustments. No adjustment shall be made under this Section 9 8 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option Option or a grant of additional benefits to the Optionee.

Appears in 2 contracts

Samples: Stock Option Agreement (Idx Systems Corp), Stock Option Agreement (Idx Systems Corp)

Limits on Adjustments. No adjustment adjustments shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee. 10.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Mapinfo Corp)

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Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option Option or a grant of additional benefits to the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Vastera Inc)

Limits on Adjustments. No adjustment shall be made under this Section 9 9, which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Avalon Pharmaceuticals Inc)

Limits on Adjustments. No adjustment shall be made under this --------------------- Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option Option or a grant of additional benefits to the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Idx Systems Corp)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the OptioneeParticipant.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Curis Inc)

Limits on Adjustments. No adjustment shall be made under this Section 9 which would, would within the meaning of any applicable provision of the Code, constitute a modification, extension or renewal of this option or a grant of additional benefits to the Optionee.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Divine Inc)

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