Common use of Share Adjustments Clause in Contracts

Share Adjustments. If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.

Appears in 12 contracts

Samples: Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc)

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Share Adjustments. If the Company's outstanding shares of Common Stock are increased or decreased or changed into or exchanged for a different number or kind of shares or other securities of the Company by reason of any recapitalization, reclassification, stock split, combination of shares, stock dividend, or transaction having similar effect, the Board shall proportionately and appropriately adjust the number and kind of shares that are subject to this Option and the Exercise Price Per Share, without any change in the aggregate price to be paid therefor upon exercise of this Option.. [OFFICERS/EMPLOYEES/CONSULTANTS]

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc), Non Qualified Stock Option Agreement (Renal Care Group Inc)

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