Common use of Adjustments for Changes in Capitalization of the Corporation Clause in Contracts

Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock by reason of any reorganization, recapitalization, stock split, stock dividend, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common stock, the number and class of shares covered by this Option and the Exercise Price shall be appropriately adjusted by the Committee, whose determination shall be conclusive.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Southwest Bancorp of Texas Inc)

Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock by reason of any reorganization, recapitalization, stock split, stock dividend, cash distribution in excess of normal dividend levels, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common stockStock, the number and class of shares covered by this Option and the Exercise Price shall be appropriately adjusted by the Committee, whose determination shall be conclusiveadjusted.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (Alpha 1 Biomedicals Inc)

Adjustments for Changes in Capitalization of the Corporation. In the event of any change in the outstanding shares of Common Stock common stock by reason of any reorganization, recapitalization, stock split, stock dividend, combination or exchange of shares, merger, consolidation, or any change in the corporate structure of the Corporation or in the shares of Common common stock, the number and class of shares covered by this Option the Options and the Exercise Price shall be appropriately adjusted by the CommitteeCorporation, whose determination shall be conclusive.

Appears in 1 contract

Sources: Non Qualified Stock Option Agreement (1st Source Corp)