Common use of Merger, Consolidation, Reorganization, Liquidation, etc Clause in Contracts

Merger, Consolidation, Reorganization, Liquidation, etc. If H&R Block shall become a party to any corporate merger, consolidation, major acquisition of property for stock, reorganization, or liquidation, the Board of Directors shall, acting in its absolute and sole discretion, make such arrangements, which shall be binding upon the Participant of outstanding Awards, including but not limited to, the substitution of new Awards or for any Awards then outstanding, the assumption of any such Awards and the termination of or payment for such Awards.

Appears in 2 contracts

Samples: Grant Agreement (H&r Block Inc), Grant Agreement (H&r Block Inc)

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Merger, Consolidation, Reorganization, Liquidation, etc. If H&R Block shall become a party to any corporate merger, consolidation, major acquisition of property for stock, reorganization, or liquidation, the Board of Directors shallBoard, acting in its absolute and sole discretion, shall make such arrangementsarrangements it deems equitable or appropriate, which shall be binding upon the Participant of outstanding Awards, including may include but are not limited to, to the substitution of new Awards Awards, or for any Awards then outstanding, the assumption of any such Awards and the termination of or payment for such Awards. Any such arrangements shall be binding upon Participant.

Appears in 2 contracts

Samples: Award Agreement (H&r Block Inc), Award Agreement (H&r Block Inc)

Merger, Consolidation, Reorganization, Liquidation, etc. If H&R Block shall become a party to any corporate merger, consolidation, major acquisition of property for stock, reorganization, or liquidation, the Board of Directors shall, acting in its absolute and sole discretion, make such arrangements, which shall be binding upon the Participant of outstanding Awards, H&R Block Inc., 2003 Long-Term Executive Compensation Plan Grant Agreement – Market Stock Units (2012) including but not limited to, the substitution of new Awards or for any Awards then outstanding, the assumption of any such Awards and the termination of or payment for such Awards.

Appears in 1 contract

Samples: Grant Agreement (H&r Block Inc)

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Merger, Consolidation, Reorganization, Liquidation, etc. If H&R Block shall become a party to any corporate merger, consolidation, major acquisition of property for stock, reorganization, or liquidation, the Board of Directors shall, acting in its absolute and sole discretion, make such arrangements, which shall be binding upon the Participant of outstanding Awards, including but not limited to, the substitution of new Awards or for any Awards then outstanding, the assumption of any such Awards and the termination of or payment for such Awards.. H&R Block Inc. 2003 Long-Term Executive Compensation Plan Grant Agreement – Restricted Share Units (2012)

Appears in 1 contract

Samples: Grant Agreement (H&r Block Inc)

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