VARIATION OF CAPITAL. 13.1 In the event of any capitalization issue by the Company, or any offer or invitation made by way of rights, or any consolidation, subdivision or reduction of its share capital or any other variation of its share capital, the Board may adjust in such manner as it may decide to be appropriate the number and nominal amount of Shares subject to this Option (including any Option which has been exercised but in respect of which Shares have not been issued and allotted), the Exercise Price and, subject to Clause 13.2 the Board's decision shall be final and binding on the Option-holder.
VARIATION OF CAPITAL. 5.1 Subject to sub-clauses 5.3 and 5.4 below, in the event of a variation of the share capital of the Company (whenever effected) by way of capitalisation, sub-division, consolidation or reduction the Board at their discretion may make such adjustments as it considers appropriate under sub-clause 5.2 below. For the avoidance of doubt, this clause 5 shall not apply in the context of a Sale of the Company.
VARIATION OF CAPITAL. 13.1 The aggregate number of shares which may be issued under the plan may be increased to reflect a change in capitalisation of the company, such as a stock dividend or stock split.
VARIATION OF CAPITAL. 10.1 Subject to this Rule 10, in the event of any variation of the ordinary share capital of the Company (whenever effected) by way of bonus issue, rights issue, or sub-division, consolidation or reduction, the Directors may make such adjustments as it considers appropriate under Rule 10.2 below.
VARIATION OF CAPITAL. In the event of any variation of the ordinary share capital of the Company (whenever effected) by way of bonus issue, rights issue, or sub-division, consolidation or reduction, the Directors may make such adjustments as it considers appropriate to the Number of Restricted Stock Units subject to this Agreement. As soon as reasonably practicable after making any adjustment under this Section 8, the Directors will give notice in writing thereof to the Participant.
VARIATION OF CAPITAL. (1) The number of Shares over which an Option is granted and the Option Price thereof shall be adjusted in such manner as the Board shall determine following any Issue or Re-Organisation in such manner as the Directors may deem appropriate to the intent that (as nearly as may be without involving fractions of a Share or an Option Price calculated to more than two decimal places) the maximum aggregate Option Price payable in respect of an Option shall remain unchanged.
VARIATION OF CAPITAL. 6.1 Subject to clauses 6.3 and 7.2, in the event of any increase or variation of the share capital of the Company (whenever effected), the Remuneration Committee may make such adjustments as it considers appropriate under clause 6.2.
VARIATION OF CAPITAL. (b) Notwithstanding the provisions of Rule 9(a), no adjustment shall be made:-
VARIATION OF CAPITAL. 4.1 Any variation in the authorised or issued share capital of any member of the Group, or any issuance of equity or any securities by any member of the Group, in each case, other than (i) in respect of share capital or securities, or (ii) in connection with a Proposed Transaction.
VARIATION OF CAPITAL. 9.1 In the event of a demerger involving the Company or if the share capital of the Company is varied by means of a rights issue, sub-division, consolidation or reduction or if the Company pays a special dividend, the Board (or any other Grantor with the consent of the Board) may make such adjustments as it considers appropriate under Rule 9.2.
