Common use of Option Adjustment Clause in Contracts

Option Adjustment. The number of options issuable pursuant to this Section 13 and the per share exercise price thereof shall be subject to appropriate adjustment to give effect to any increase or decrease in the number of issued shares resulting from a reorganization, recapitalization, stock split, spin-off or other similar action.

Appears in 7 contracts

Samples: Employment Agreement (SFX Entertainment Inc), Employment Agreement (SFX Entertainment Inc), Employment Agreement (SFX Entertainment Inc)

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Option Adjustment. The number of options issuable pursuant to this Section Article 13 and the per share exercise price thereof shall be subject to appropriate adjustment to give effect to any increase or decrease in the number of issued shares resulting from a reorganization, recapitalization, stock split, spin-off or other similar action.

Appears in 3 contracts

Samples: Employment Agreement (SFX Entertainment Inc), Employment Agreement (SFX Entertainment Inc), Employment Agreement (SFX Entertainment Inc)

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Option Adjustment. The number of options issuable pursuant to this Section 13 14 and the per share exercise price thereof shall be subject to appropriate adjustment to give effect to any increase or decrease in the number of issued shares resulting from a reorganization, recapitalization, stock split, spin-off or other similar action.

Appears in 1 contract

Samples: Employment Agreement (SFX Entertainment Inc)

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