Common use of Stock Subject to Award Clause in Contracts

Stock Subject to Award. In the event that the shares of Common Stock of the Company should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock that have been awarded to Grantee shall be appropriately adjusted to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 19 contracts

Samples: Restricted Stock Agreement (Pinnacle Financial Partners Inc), Restricted Stock Agreement (Pinnacle Financial Partners Inc), Restricted Stock Agreement (American Retirement Corp)

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Stock Subject to Award. In the event that the shares of Common Stock of the Company should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock that have been awarded to Grantee shall be appropriately adjusted in an equitable and proportionate manner to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 7 contracts

Samples: Restricted Stock Agreement (Pinnacle Financial Partners Inc), Restricted Stock Agreement (Pinnacle Financial Partners Inc), Restricted Stock Award Agreement (Pinnacle Financial Partners Inc)

Stock Subject to Award. In the event that the shares of Common Stock of the Company should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of unvested Restricted Stock Units that have been awarded to Grantee shall be appropriately adjusted to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (O Charleys Inc), Restricted Stock Unit Agreement (O Charleys Inc), Restricted Stock Unit Agreement (O Charleys Inc)

Stock Subject to Award. In the event that the shares of Common Stock of the Company Shares should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock Performance Share Units that have been awarded to Grantee shall be appropriately adjusted in an equitable and proportionate manner to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 3 contracts

Samples: Executive Employment Agreement (Nn Inc), Performance Share Unit Grant Notice (Nn Inc), Performance Share Unit Grant Notice (Nn Inc)

Stock Subject to Award. In the event that the shares of Common Stock of the Company should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock that have been awarded to Grantee you shall be appropriately adjusted in an equitable and proportionate manner to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Green Bankshares, Inc.), Restricted Stock Award Agreement (Green Bankshares, Inc.)

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Stock Subject to Award. In the event that the shares of Common Stock of the Company should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock that have been awarded issued to Grantee pursuant to Section 1(c) hereof shall be appropriately adjusted to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Pinnacle Financial Partners Inc)

Stock Subject to Award. In the event that the shares of Common Stock of the Company Shares should, as a result of a stock split or stock dividend or combination of shares or any other change, redesignation, merger, consolidation, recapitalization or otherwise, be increased or decreased or changed into or exchanged for a different number or kind of shares of stock or other securities of the Company or of another corporation, the number of shares of Restricted Stock Shares that have been awarded to Grantee shall be appropriately adjusted in an equitable and proportionate manner to reflect such action. If any such adjustment shall result in a fractional share, such fraction shall be disregarded.

Appears in 1 contract

Samples: Restricted Shares Grant Notice (Nn Inc)

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