Common use of Other Distributions and Changes in the Stock Clause in Contracts

Other Distributions and Changes in the Stock. If the Company shall at any time distribute with respect to the Stock assets or securities of persons other than the Company (excluding cash or distributions referred to in subsection (a)) or grant to the holders of its Stock rights to subscribe pro rata for additional shares thereof or for any other securities of the Company or there shall be any other change (except as described in subsection (a)) in the number or kind of outstanding shares of Stock or of any stock or other securities into which the Stock shall be changed or for which it shall have been exchanged, and if the Committee shall in its discretion determine that the event equitably requires an adjustment in the number or kind of shares subject to the Option, an adjustment to the Option Price, or the taking of any other action by the Committee, including without limitation, the setting aside of any property for delivery to the Option Holder upon the exercise of the Option, then such adjustment shall be made, or other actions taken, by the Committee and shall be effective for all purposes of this Agreement.

Appears in 18 contracts

Samples: Non Qualified Stock Option Agreement (Uqm Technologies Inc), Incentive Stock Option Agreement (Uqm Technologies Inc), Non Qualified Stock Option Agreement (Uqm Technologies Inc)

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Other Distributions and Changes in the Stock. If the Company shall at any time distribute with respect to the Stock assets or securities of persons other than the Company (excluding cash or distributions referred to in subsection (a)) or grant to the holders of its Stock rights to subscribe pro rata for additional shares thereof or for any other securities of the Company or there shall be any other change (except as described in subsection (a)) in the number or kind of outstanding shares of Stock or of any stock or other securities into which the Stock shall be changed or for which it shall have been exchanged, and if the Committee shall in its good faith discretion determine that the event equitably requires an adjustment in the number or kind of shares subject to the an Option, an adjustment to the Option Price, or the taking of any other action by the Committee, including without limitation, the setting aside of any property for delivery to the Option Holder upon the exercise of the Option, then such adjustment shall be made, or other actions taken, by the Committee and shall be effective for all purposes of this Agreement.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Anschutz Philip F), Non Qualified Stock Option Agreement (Anschutz Philip F)

Other Distributions and Changes in the Stock. If the Company shall at any time distribute with respect to the Stock assets or securities of persons other than the Company (excluding cash or distributions referred to in subsection (a)) or grant to the holders of its Stock rights to subscribe pro rata for additional shares thereof or for any other securities of the Company or there shall be any other change (except as described in subsection (a)) in the number or kind of outstanding shares of Stock or of any stock or other securities into which the Stock shall be changed or for which it shall have been exchanged, and if the Committee shall in its good faith discretion determine that the event equitably requires an adjustment in the number or kind of shares subject to the an Option, an adjustment to the Option Price, or the taking of any other action by the Committee, including without limitation, the setting aside of any property for delivery to the Option Holder upon the exercise of the Option, then effective for all purposes of this Agreement. such adjustment shall be made, or other actions taken, by the Committee and shall be effective for all purposes of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Anschutz Philip F)

Other Distributions and Changes in the Stock. If the Company shall at any time distribute with respect to the Stock Company common stock assets or securities of persons other than the Company (excluding cash or distributions referred to in subsection (a)) or grant to the holders of its Stock common stock rights to subscribe pro rata for additional shares thereof or for any other securities of the Company or there shall be any other change (except as described in subsection (a)) in the number or kind of outstanding shares of Stock Company common stock or of any stock or other securities into which the Stock Company common stock shall be changed or for which it shall have been exchanged, and if the Committee shall in its discretion determine that the event equitably requires an adjustment in the number or kind of shares subject to the Option, an adjustment to the Option PriceRestricted Stock, or the taking of any other action by the Committee, including without limitation, the setting aside of any property for delivery to the Option Holder Grantee upon the exercise lapse of restrictions with respect to the OptionRestricted Stock, then such adjustment shall be made, or other actions taken, by the Committee and shall be effective for all purposes of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Agreement (Uqm Technologies Inc)

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Other Distributions and Changes in the Stock. If the Company -------------------------------------------- shall at any time distribute with respect to the Stock assets or securities of persons other than the Company (excluding cash or distributions referred to in subsection (a)) or grant to the holders of its Stock rights to subscribe pro rata for additional shares thereof or for any other securities of the Company or there shall be any other change (except as described in subsection (a)) in the number or kind of outstanding shares of Stock or of any stock or other securities into which the Stock shall be changed or for which it shall have been exchanged, and if the Committee shall in its good faith discretion determine that the event equitably requires an adjustment in the number or kind of shares subject to the an Option, an adjustment to the Option Price, or the taking of any other action by the Committee, including without limitation, the setting aside of any property for delivery to the Option Holder upon the exercise of the Option, then such adjustment shall be made, or other actions taken, by the Committee and shall be effective for all purposes of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Qwest Communications International Inc)

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