Common use of Adjustment for Reorganisation Clause in Contracts

Adjustment for Reorganisation. ‌ If, at any time, the issued capital of the Company is reorganised (including consolidation, subdivision, reduction or return), all rights of a Participant are to be changed in a manner consistent with the Corporations Act and the ASX Listing Rules at the time of the reorganisation.

Appears in 6 contracts

Sources: Performance Rights and Option Plan, Performance Rights and Option Plan, Performance Rights and Options Plan

Adjustment for Reorganisation. If, at any time, the issued capital of the Company is reorganised (including consolidation, subdivision, reduction or return), all rights of a Participant are to be changed in a manner consistent with the Corporations Act and the ASX Listing Rules at the time of the reorganisation.

Appears in 5 contracts

Sources: Performance Rights and Option Plan, Performance Rights and Option Plan, Performance Rights and Option Plan