Common use of Changes in Capitalization Clause in Contracts

Changes in Capitalization. In the event there are any changes in the Common Stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number of shares subject to this Award, and (b) such other provisions of this Award as may be necessary and equitable to carry out the foregoing purposes.

Appears in 18 contracts

Sources: Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.), Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.), Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp)

Changes in Capitalization. In the event there are any changes in the Common Stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number and type or class of shares subject to this Award, and (b) such other provisions of this Award as may be necessary and equitable to carry out the foregoing purposes.

Appears in 13 contracts

Sources: Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp), Annual Time Vested Restricted Stock Unit Award Agreement (Kimberly Clark Corp), Off Cycle Time Vested Restricted Stock Unit Award Agreement (Kimberly Clark Corp)

Changes in Capitalization. In the event there are any changes in the Common Stock common stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number of shares subject to this Award, and (b) such other provisions of this Award as may be necessary and equitable to carry out the foregoing purposes.

Appears in 6 contracts

Sources: Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp), Award Agreement (Kimberly Clark Corp), Performance Restricted Stock Unit Award Agreement (Kimberly Clark Corp)

Changes in Capitalization. In the event there are any changes in the Common Stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number of shares subject to this Award, and (b) such other provisions of this Award as may be necessary and equitable to carry out the foregoing purposes.

Appears in 5 contracts

Sources: Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp)

Changes in Capitalization. In the event there are any changes in the Common Stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number and type or class of shares and the option price per share of stock subject to this Awardoption, and (b) such other provisions of this Award option as may be necessary and equitable to carry out the foregoing purposes.

Appears in 2 contracts

Sources: Nonqualified Stock Option Award Agreement (Kimberly Clark Corp), Nonqualified Stock Option Award Agreement (Kimberly Clark Corp)

Changes in Capitalization. In the event there are any changes in the Common Stock common stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number of shares and the option price per share of stock subject to this Awardoption, and (b) such other provisions of this Award option as may be necessary and equitable to carry out the foregoing purposes.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.)

Changes in Capitalization. In the event there are any changes in the Common Stock or the capitalization of the Corporation through a corporate transaction, such as any merger, any acquisition through the issuance of capital stock of the Corporation, any consolidation, any separation of the Corporation (including a spin-off or other distribution of stock of the Corporation), any reorganization of the Corporation (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete liquidation by the Corporation, recapitalization, stock dividend, stock split or other change in the corporate structure, appropriate adjustments and changes shall be made by the Committee in (a) the number of shares and the ▇▇▇▇▇ ▇▇▇▇▇ per share of stock subject to this Award, and (b) such other provisions of this Award as may be necessary and equitable to carry out the foregoing purposes.

Appears in 1 contract

Sources: Nonqualified Stock Option Award Agreement (Avanos Medical, Inc.)