Common use of Adjustment By Stock Split, Stock Dividend, Etc Clause in Contracts

Adjustment By Stock Split, Stock Dividend, Etc. If at any time the Company increases or decreases the number of its outstanding shares of Common Stock, or changes in any way the rights and privileges of its Common Stock, by means of the payment of a stock dividend or the making of any other distribution on such shares payable in Common Stock, or though a stock split or subdivision of shares of Common Stock, or a consolidation or combination of shares of Common Stock, or through a reclassification or recapitalization involving the Common Stock, the numbers, rights and privileges of the shares of Stock included in the Option shall be increased, decreased or changed in like manner as if such shares of Stock had been issued and outstanding, fully paid and non-assessable at the time of such occurrence. 2

Adjustment By Stock Split, Stock Dividend, Etc. If at any time the Company increases or decreases the number of its outstanding shares of Common Stock, or changes in any way the rights and privileges of its Common Stocksuch shares, by means of the payment of a stock dividend or the making of any other distribution on such shares payable in its Common Stock, or though through a stock split or subdivision of shares of Common Stockshares, or a consolidation or combination of shares of Common Stockshares, or through a reclassification or recapitalization involving the its Common Stock, the numbers, rights and privileges of the shares of Stock included in the Option and/or the exercise price of the Option shall be increased, decreased or changed in like manner so that the Optionee shall be entitled to substantially the same rights as if such shares of Stock had been issued and outstanding, fully paid and non-assessable at the time of such occurrence. 2set forth in this Agreement.