Common use of Adjustment in Capitalization Clause in Contracts

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 21 contracts

Sources: Performance Based Restricted Stock Unit Agreement (OPENLANE, Inc.), Performance Based Restricted Stock Unit Agreement (OPENLANE, Inc.), Performance Based Restricted Stock Unit Agreement (KAR Auction Services, Inc.)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the CommitteeBoard.

Appears in 8 contracts

Sources: Time Based Restricted Stock Agreement, Restricted Stock Agreement (SPX Corp), Time Based Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 7 contracts

Sources: Performance Based Restricted Stock Agreement, External Performance Based Restricted Stock Agreement (SPX Corp), Performance Based Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 6 contracts

Sources: Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of shares of Restricted Stock Units subject to this Agreement shall may be equitably adjusted by the Committee, in its sole discretion.

Appears in 3 contracts

Sources: Restricted Stock Agreement (SPX Corp), Supplemental Restricted Stock Agreement (SPX Corp), Restricted Stock Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock of the Company through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units subject to this Agreement shall may be equitably adjusted by the CommitteeCommittee (as defined below), in its sole discretion.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (SPX Corp)

Adjustment in Capitalization. In the event of any change in the Common Stock through stock dividends or stock splits, a corporate split-off or split-up, or recapitalization, merger, consolidation, exchange of shares, or a similar event, the number of Restricted Stock Units Shares subject to this Agreement shall be equitably adjusted by the Committee.

Appears in 1 contract

Sources: Employment Agreement (U-Swirl, Inc.)