Common use of Participant Rights Clause in Contracts

Participant Rights. Except as provided in this Section 10, a Participant shall have no rights by reason of any issue by the Company of shares of any class or securities convertible into shares of any class, any subdivision or consolidation of shares of any class, the payment of any share dividend or any other increase or decrease in the number of shares of any class. If by reason of an adjustment pursuant to this Section 10 a Participant’s Award covers additional or different shares or securities, then such additional or different shares and the Award in respect thereof shall be subject to all of the terms, conditions and restrictions which were applicable to the Award and the Shares subject to the Award prior to such adjustment.

Appears in 6 contracts

Samples: 2014 Share Incentive Plan (Tencent Music Entertainment Group), 2014 Share Incentive Plan (Tencent Music Entertainment Group), 2010 Share Incentive Plan (WEIBO Corp)

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Participant Rights. Except as provided in this Section 10, a Participant shall have no rights by reason of any issue by the Company of shares stock of any class or securities convertible into shares stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any share stock dividend or any other increase or decrease in the number of shares of stock of any class. If by reason of an adjustment pursuant to this Section 10 a Participant’s Award covers additional or different shares of stock or securities, then such additional or different shares and the Award in respect thereof shall be subject to all of the terms, conditions and restrictions which were applicable to the Award and the Shares subject to the Award prior to such adjustment.

Appears in 5 contracts

Samples: Equity Incentive Plan (Global Ship Lease, Inc.), Equity Incentive Plan (Global Ship Lease, Inc.), Omnibus Stock and Option Compensation Plan (Martha Stewart Living Omnimedia Inc)

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