Common use of Non-Change in Control Transactions Clause in Contracts

Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the Optionee, shall make any adjustments in the Options, including but not limited to reducing the number, kind and price of securities subject to the Options.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/)

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Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a9(a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the OptioneeEmployee, shall make any adjustments in the Options, including but not limited to reducing the number, kind and price of securities subject to the Options.

Appears in 4 contracts

Samples: Incentive Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Incentive Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Incentive Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/)

Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a11 (a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the Optionee, shall make any adjustments in the Options, including but not limited to reducing modifying the number, kind and price of securities subject to the Options.

Appears in 2 contracts

Samples: Employment Agreement (Sourcefire Inc), Employment Agreement (Sourcefire Inc)

Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a11(a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the Optionee, shall make any adjustments in the Options, including but not limited to reducing modifying the number, kind and price of securities subject to the Options.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Sourcefire Inc), Employment Agreement (Sourcefire Inc)

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Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a10(a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the OptioneeEmployee, shall make any adjustments in the Options, including but not limited to reducing modifying the number, kind and price of securities subject to the Options.

Appears in 1 contract

Samples: Stock Option Grant Agreement (iCURIE, INC.)

Non-Change in Control Transactions. Except with respect to the transactions set forth in Section 8(a9(a), in the event of any change affecting the Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control, the Administrator, in its discretion and without the consent of the Optionee, shall make any adjustments in the Options, including but not limited to reducing modifying the number, kind and price of securities subject to the Options.

Appears in 1 contract

Samples: Employment Agreement (Harbor Bankshares Corp)

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