Common use of Substitute Property Clause in Contracts

Substitute Property. If, while any of the Restricted Units remain subject to a Restricted Period, there occurs a merger, reclassification, recapitalization, stock split, stock dividend or other similar event or transaction resulting in new, substituted or additional securities being issued or delivered to the Participant by reason of the Participant’s ownership of the Restricted Units, such securities will constitute “Restricted Units” for all purposes of this Agreement.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Amicus Therapeutics, Inc.), Restricted Stock Unit Award Agreement (Amicus Therapeutics, Inc.), Restricted Stock Unit Award Agreement (Amicus Therapeutics Inc)

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Substitute Property. If, while any of the Restricted Units remain subject to a Restricted Period, there occurs a merger, reclassification, recapitalization, stock split, stock dividend or other similar event or transaction resulting in new, substituted or additional securities being issued or delivered to the Participant by reason of the Participant’s ownership of the Restricted Units, such securities will constitute Restricted Units” Units for all purposes of this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Amicus Therapeutics, Inc.)

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