Common use of Adjustment in Option Shares Clause in Contracts

Adjustment in Option Shares. (a) In the event any change is made to the outstanding 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 Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder. (b) If this option is to be assumed in connection with a Corporate Transaction or is otherwise to remain outstanding, then this option shall be appropriately adjusted, immediately after such Corporate Transaction, to apply and pertain to the number and class of securities which would have been issuable to Optionee in the consummation of such Corporate Transaction had the option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to the Exercise Price payable per share, provided -------- the aggregate Exercise Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) a. In the event any change is made to the outstanding 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 effected without the Corporation's receipt of consideration, the Plan Administrator shall make appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price payable per share in order to reflect such change and thereby preclude a prevent any dilution or enlargement of rights and benefits hereunder. Such adjustments shall be final, binding and conclusive. (b) b. If this option is to be assumed in connection with a any Corporate Transaction under Paragraph 6 or is otherwise to remain continue outstanding, then this option shall be appropriately adjustedshall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to Optionee in the consummation of such Corporate Transaction had the option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Price payable per share, provided -------- the aggregate Exercise Price payable hereunder shall remain the -------- same.

Adjustment in Option Shares. (a) A. In the event any change is made to the outstanding Common Stock issuable under the Option by reason of any stock split, stock dividend, recapitalization, combination of shares, exchange of shares shares, conversion or other change affecting the outstanding Common Stock as a class without the CorporationCompany's receipt of consideration, then appropriate adjustments shall be made to (i) the total number and/or class of securities Option Shares subject to this option Option and (ii) the Exercise Option Price in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder. (b) B. If this option Option is to be assumed in connection with a Corporate Transaction or is otherwise to remain outstandingcontinue in effect, then this option shall be appropriately adjustedOption shall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to the Optionee in the consummation of such Corporate Transaction had the option Option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Price payable per shareOption Price, provided -------- PROVIDED the aggregate Exercise Option Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) In the event any change is made to the outstanding 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 effected without the Corporation's receipt of consideration, the Committee shall make appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Option Price payable per share in order to reflect such change and thereby preclude a prevent any dilution or enlargement of benefits hereunder. Such adjustments shall be final, binding and conclusive. (b) If this option is to be assumed in connection with a any Corporate Transaction under Paragraph 6 or is otherwise to remain outstanding, then this option shall be appropriately adjustedshall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to Optionee in the consummation of such Corporate Transaction had the option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Option Price payable per share, provided -------- the aggregate Exercise Option Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) In Appropriate adjustments shall be made to (i) the total number and/or class of securities subject to the Option and (ii) the Exercise Price in the event any change is made to the outstanding Common Stock by reason of any stock split, stock dividend, spin-off, recapitalization, combination of shares, exchange of shares or other change affecting the outstanding Common Stock as a class without the Corporation's receipt of consideration, appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price consideration in order to reflect such change and thereby preclude a dilution or enlargement of benefits hereunder. (b) If this option the Option is to be assumed in connection with a Corporate Transaction or is otherwise to remain outstanding, outstanding then this option it shall be appropriately adjusted, adjusted immediately after such Corporate Transaction, to apply and pertain to the number and class of securities which that would have been issuable to Optionee in the consummation of such Corporate Transaction had the option Option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to the Exercise Price payable per share, provided -------- the aggregate Exercise Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) A. In the event any change is made to the outstanding Common Stock issuable under the Plan 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 Corporation's receipt of consideration, then appropriate adjustments shall be made to (i) the total number and/or class of securities Option Shares subject to this option and (ii) the Exercise Option Price payable per share in order to reflect such change and thereby preclude a the dilution or enlargement of Optionee's rights and benefits hereunder. (b) If B. To the extent this option is to be assumed in connection with a any Corporate Transaction (as defined below) or is otherwise to remain outstandingcontinue in effect, then this the option shall be appropriately adjusted, immediately after such Corporate Transaction, to apply and pertain to the number and class of securities which would have been issuable to Optionee Optionee, in the consummation of such Corporate Transaction Transaction, had the option been exercised immediately prior to such Corporate Transaction, and appropriate adjustments shall also be made to the Exercise Option Price payable per share, provided -------- the aggregate Exercise Option Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) A. In the event any change is made to the outstanding 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 effected without the Corporation's receipt of consideration, the Plan Administrator shall make appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price payable per share in order to reflect such change and thereby preclude a prevent any dilution or enlargement of benefits hereunder. Such adjustments shall be final, binding and conclusive. (b) B. If this option is to be assumed in connection with a any Corporate Transaction under Paragraph 6 or is otherwise to remain continue outstanding, then this option shall be appropriately adjustedshall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to Optionee in the consummation of such Corporate Transaction had the option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Price payable per share, provided -------- the aggregate Exercise Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) A. In the event any change is made to the outstanding 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 Corporation's receipt of consideration, appropriate adjustments shall automatically be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Option Price payable per share in order to reflect such change transaction and thereby preclude a the dilution or enlargement of benefits hereunder. (b) B. If this option is to be assumed in connection with a Corporate Transaction or is otherwise to remain outstandingunder Paragraph 7, then this option shall be appropriately adjustedshall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to Optionee in the consummation of such Corporate Transaction had the this option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Option Price payable per share, provided -------- the aggregate Exercise Option Price payable hereunder shall remain the same.

Adjustment in Option Shares. (a) A. In the event any change is made to the outstanding 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 effected without the Corporation's receipt of consideration, the Plan Administrator shall make appropriate adjustments shall be made to (i) the total number and/or class of securities subject to this option and (ii) the Exercise Price payable per share in order to reflect such change and thereby preclude a prevent any dilution or enlargement of benefits hereunder. Such adjustments shall be final, binding and conclusive. (b) B. If this option is to be assumed in connection with a any Corporate Transaction or is otherwise to remain outstandingunder Paragraph 6, then this option shall be appropriately adjustedshall, immediately after such Corporate Transaction, be appropriately adjusted to apply and pertain to the number and class of securities which would have been issuable issued to Optionee in the consummation of such Corporate Transaction had the option been exercised immediately prior to such Corporate Transaction, and appropriate . Appropriate adjustments shall also be made to the Exercise Price payable per share, provided -------- the aggregate -------- Exercise Price payable hereunder shall remain the same.