Common use of Stock Adjustments Clause in Contracts

Stock Adjustments. (a) In the event of any increase or decrease in the number of issued shares of Common Stock resulting from a stock split or other division or consolidation of shares or the payment of a stock dividend (but only on the Common Stock) or any other increase or decrease in the number of such shares effected without any receipt of consideration by Chico's, then, in any such event, the number of shares of Common Stock covered by the Option, and the purchase price per share of Common Stock covered by the Option shall be proportionately and appropriately adjusted for any such increase or decrease.

Appears in 11 contracts

Samples: Stock Option Agreement (Chicos Fas Inc), Stock Option Agreement (Chicos Fas Inc), Stock Option Agreement (Chicos Fas Inc)

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Stock Adjustments. (a) In the event of any increase or decrease in the number of issued shares of Common Stock resulting from a stock split or other division or consolidation of shares or the payment of a stock dividend (but only on the Common Stock) or any other increase or decrease in the number of such shares effected without any receipt of consideration by Chico'sDiscount, then, in any such event, the number of shares of Common Stock covered by the Option, and the purchase price per share of Common Stock covered by the Option shall be proportionately and appropriately adjusted for any such increase or decrease.

Appears in 3 contracts

Samples: Stock Option Agreement (Discount Auto Parts Inc), Stock Option Agreement (Discount Auto Parts Inc), Stock Option Agreement (Discount Auto Parts Inc)

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Stock Adjustments. (a) In the event of any increase or decrease in the number of issued shares of Common Stock resulting from a stock split or other division or consolidation of shares or the payment of a stock dividend (but only on the Common Stock) or any other increase or decrease in the number of such shares effected without any receipt of consideration by Chico's, then, in any such event, the number of shares of Common Stock covered by the Option, and the purchase price per share of Common Stock covered by the Option shall be proportionately and appropriately adjusted for any such increase or decrease.of

Appears in 1 contract

Samples: Stock Option Agreement (Chicos Fas Inc)

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