Common use of Adjustment for Recapitalization Clause in Contracts

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the Plan.

Appears in 4 contracts

Sources: Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc), Independent Contractor Agreement (Vital Living Inc)

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors of the Company to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 3 contracts

Sources: Stock Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc), Stock Option Agreement (Reconditioned Systems Inc)

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company Corporation or any merger, consolidation, spin-off, split-off, split-up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Adflex Solutions Inc)

Adjustment for Recapitalization. In the event of any stock dividend, stock split, combination of shares, recapitalization or other change in the capital structure of the Company or any merger, consolidation, spin-off, split-off, split-split- up, reorganization, partial or complete liquidation or other distribution of assets, issuance of warrants or other rights to purchase securities or any other corporate transaction or event having an effect similar to any of the foregoing, appropriate adjustments shall be made by the Board of Directors of the Company to the number and kind of Common Shares and the price per Share subject to this Agreement as provided in the PlanAgreement.

Appears in 1 contract

Sources: Stock Option Agreement (Reconditioned Systems Inc)