Common use of Recapitalization Transaction Clause in Contracts

Recapitalization Transaction. In the event of a Recapitalization Transaction, the Administrator shall be entitled to make the adjustments described in Section 7(b) of the Plan with respect to the Stock Option (or any portion thereof) and with respect to any Shares acquired upon the exercise of the Stock Option as if such Shares were shares of Stock underlying an Award.

Appears in 3 contracts

Samples: Non Qualified Stock Option (MiNK Therapeutics, Inc.), Non Qualified Stock Option (MiNK Therapeutics, Inc.), Incentive Stock Option (MiNK Therapeutics, Inc.)

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Recapitalization Transaction. In the event of a Recapitalization Transaction, the Administrator shall be entitled to make the adjustments described in Section 7(b) of the Plan with respect to the Stock Option (or any portion thereof) and with respect to any Shares acquired upon the exercise of the Stock Option as if such the Shares were shares of Stock underlying an Award.

Appears in 2 contracts

Samples: Restricted Stock Agreement (MiNK Therapeutics, Inc.), Restricted Stock Agreement (MiNK Therapeutics, Inc.)

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