Common use of Adjustment in Option Shares Clause in Contracts

Adjustment in Option Shares. If any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, appropriate adjustments shall be made to (a) the total number and/or class of securities subject to this option and (b) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 3 contracts

Sources: Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.), Stock Option Agreement (Vital Farms, Inc.)

Adjustment in Option Shares. If Should any change be made to the Shares by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock Shares as a class without the Company’s receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option the Option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 3 contracts

Sources: Share Option Agreement, Share Option Agreement (Cisco Systems Inc), Share Option Agreement (Cisco Systems Inc)

Adjustment in Option Shares. If Should any change be made to the Shares of the Company by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock Shares as a class without the Company’s 's receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Option Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 2 contracts

Sources: Stock Option Agreement (Discovery Laboratories Inc /De/), Stock Option Agreement (Discovery Laboratories Inc /De/)

Adjustment in Option Shares. If Should any change be made to the Shares by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock Shares as a class without the Company’s 's receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Option Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 2 contracts

Sources: Stock Option Agreement (Windtree Therapeutics Inc /De/), Stock Option Agreement (Discovery Laboratories Inc /De/)

Adjustment in Option Shares. If Should any change be made to the Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s Corporation's receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Purchase Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Director Stock Option Agreement (Steri Oss Inc)

Adjustment in Option Shares. If Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s 's receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option Option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Endocare Inc)

Adjustment in Option Shares. If any change is made to the outstanding Common Stock by reason of a stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the CompanyRadiologix’s receipt of consideration, then appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option and (bii) the Exercise Price in order Price, to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Radiologix Inc)

Adjustment in Option Shares. If Should any change be made to the Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option Option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Global Wide Publication LTD)

Adjustment in Option Shares. If In the event any change is made to the Corporation's outstanding Common Stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares shares, or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, then appropriate adjustments shall be made to (ai) the total number and/or class of securities Option Shares subject to this option option, and (bii) the Exercise Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Performance Stock Option Agreement (Nanogen Inc)

Adjustment in Option Shares. If In the event any change is made to the Common Stock issuable under the Plan by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s receipt of consideration, then appropriate adjustments shall will be made to (ai) the total number and/or class of securities Optioned Shares subject to this option and (bii) the Exercise Option Price payable per share in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Laser Power Corp/Fa)

Adjustment in Option Shares. If Should any change be made to the Company’s common stock by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock common stock as a class without the Company’s receipt of consideration, appropriate adjustments shall be made to (ai) the total number and/or class of securities subject to this option Option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Incentive Stock Option Agreement (United Fuel & Energy Corp)

Adjustment in Option Shares. If any there is a stock split, stock dividend, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Company’s Corporation's receipt of consideration, appropriate adjustments shall will be made to (ai) the total number and/or class of securities subject to this option Option and (bii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Chiron Corp)