Common use of Changes in Capitalization Clause in Contracts

Changes in Capitalization. The Restricted Stock Units under this RSU Award shall be subject to the provisions of Section 19.H. of the Plan relating to adjustments for changes to the Company’s capitalization. The RSU Award shall not affect the right of the Company or any Subsidiary to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup or otherwise reorganize.

Appears in 22 contracts

Sources: Restricted Stock Unit Agreement (Potomac Electric Power Co), Restricted Stock Unit Agreement (Potomac Electric Power Co), Restricted Stock Unit Agreement (Potomac Electric Power Co)

Changes in Capitalization. The Restricted Stock Units under this RSU Award shall be subject to the provisions of Section 19.H. 16.H. of the Plan relating to adjustments for changes to the Company’s capitalization. The RSU Award shall not affect the right of the Company or any Subsidiary to reclassify, recapitalize or otherwise change its capital or debt structure or to merge, consolidate, convey any or all of its assets, dissolve, liquidate, windup or otherwise reorganize.

Appears in 5 contracts

Sources: Restricted Stock Unit Agreement (Pepco Holdings Inc), Restricted Stock Unit Agreement (Pepco Holdings Inc), Restricted Stock Unit Agreement (Pepco Holdings Inc)