Stock Adjustment. In the event of any change in Common Stock of the Corporation, by reason of a stock split, stock dividend, recapitalization, exchange of shares, or other transaction, the number of shares remaining subject to the option and the option price per share shall be appropriately adjusted by the Board of Directors.
Appears in 7 contracts
Samples: Directors' Stock Option Agreement (Western Gas Resources Inc), Western Gas Resources (Wise Brion G), Western Gas Resources (Wise Brion G)
Stock Adjustment. In the event of any change in Common Stock of the Corporation, Corporation by reason of a stock split, stock dividend, recapitalization, exchange of shares, or other transaction, the number of shares remaining subject to the option and the option price per share shall be appropriately adjusted by the Board of Directors.
Appears in 2 contracts
Samples: Employment Agreement (Western Gas Resources Inc), Employment Agreement (Western Gas Resources Inc)
Stock Adjustment. In the event of any change in Common Stock of the Corporation, Company by reason of a stock split, stock dividenddistribution, recapitalization, exchange of shares, or other transaction, the number of shares remaining subject to the option and the option price per share shall be appropriately adjusted by the Board of DirectorsBoard.
Appears in 1 contract
