Common use of Mergers, Recapitalizations, Stock Splits, Etc Clause in Contracts

Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by Participant and the Company, pursuant and subject to Section 15 of the Plan, certain changes in the number or character of the shares of Common Stock of the Company (through merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s rights with respect to any unvested restricted stock units subject to this Award (i.e., Participant shall have such “anti-dilution” rights under the Award with respect to such events, but shall not have “preemptive ” rights).

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Arts Way Manufacturing Co Inc), Restricted Stock Unit Agreement (Arno Therapeutics, Inc), Restricted Stock Unit Agreement (Nephros Inc)

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Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by the Participant and the Company, pursuant and subject to Section 15 14 of the Plan, certain changes in the number or character of the shares of Common Stock of the Company (through merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s rights with respect to any unvested restricted stock units subject to this Award which continue to be subject to risks of forfeiture (i.e., Participant shall have such “anti-dilution” rights under the Award with respect to such events, but shall not have “preemptive preemptive” rights).

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Cardiovascular Systems Inc), Restricted Stock Unit Agreement (Surmodics Inc), Restricted Stock Unit Agreement (Cardiovascular Systems Inc)

Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by Participant and the Company, pursuant and subject to Section 15 14 of the Plan, certain changes in the number or character of the shares of Common Stock of the Company (through merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s rights with respect to any unvested restricted stock units subject to this Award (i.e., Participant shall have such “anti-dilution” rights under the Award with respect to such events, but shall not have “preemptive ” rights).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Voyager Oil & Gas, Inc.), Restricted Stock Unit Agreement (Arts Way Manufacturing Co Inc)

Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by the Participant and the Company, pursuant and subject to Section 15 14 of the Plan, certain changes in the number or character of the shares of Common Stock of the Company (through merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s rights with respect to any unvested restricted stock units subject to this Award which have not yet vested (i.e., Participant shall have such “anti-dilution” rights under the Award with respect to such events, but shall not have “preemptive preemptive” rights).

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Analysts International Corp), Employment Agreement (Analysts International Corp)

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Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by the Participant and the Company, pursuant and subject to Section 15 14 of the PlanPlan and Paragraph 3 hereof, certain changes in the number or character of the shares of Common Stock of the Company (through sale, merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in the Participant’s rights with respect to any unvested restricted stock units subject to this Award which continue to be subject to vesting (i.e., the Participant shall have such “anti-dilution” rights under the Award with respect to such events, but shall not have “preemptive preemptive” rights).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Makemusic, Inc.)

Mergers, Recapitalizations, Stock Splits, Etc. Except as otherwise specifically provided in any employment, change of control, severance or similar agreement executed by Participant and the Company, pursuant and subject to Section 15 of the Plan, certain changes in the number or character of the shares of Common Stock of the Company (through merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s 's rights with respect to any unvested restricted stock units subject to this Award (i.e., Participant shall have such "anti-dilution" rights under the Award with respect to such events, but shall not have "preemptive " rights).

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Nuvel Holdings, Inc.)

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