Changes in Common Stock. In the event of any change in the outstanding shares of Common Stock by reason of any stock split, stock dividend, recapitalization, merger, consolidation, combination or exchange of shares or other similar corporate change or in the event of any special distribution to the stockholders, the Committee shall make equitable adjustments in the number of shares and prices per share applicable to Options then outstanding.
Appears in 5 contracts
Sources: Non Qualified Stock Option Agreement (Madison Run, LLC), Non Qualified Stock Option Agreement (Madison Run, LLC), Non Qualified Stock Option Agreement (Crippen Roy E Iii)
Changes in Common Stock. In the event of any change in the outstanding shares of Common Stock by reason of any reorganization, recapitalization, stock split, stock dividend, recapitalization, merger, consolidation, combination or exchange of shares or other similar corporate change or in affecting the event of any special distribution to the stockholdersCommon Stock, the Committee shall make equitable such adjustments in as it may deem appropriate with respect to the number of shares and prices per share applicable to Options then outstandingShares. Any such adjustment made by the Committee shall be conclusive.
Appears in 3 contracts
Sources: Retention Restricted Stock Agreement (Neiman Marcus Group Inc), Purchased Restricted Stock Agreement (Neiman Marcus Group Inc), Restricted Stock Agreement (Neiman Marcus Group Inc)
Changes in Common Stock. In the event of If there shall occur any change in the outstanding shares of Common Stock by reason of any stock splitrecapitalization, reclassification, stock dividend, recapitalizationstock split, reverse stock split, or other distribution with respect to the shares of Common Stock, or any merger, consolidationreorganization, combination or exchange of shares consolidation or other similar change in corporate change or in structure affecting the event of any special distribution to the stockholdersCommon Stock, the Committee shall make equitable adjustments may, in the manner and to the extent that it deems appropriate and equitable to the Grantee and consistent with the terms of the Plan, cause an adjustment in (i) the number and kind of shares subject to the Award and prices per share applicable to Options then outstanding(ii) any other terms of the Award that are affected by the event.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Progenics Pharmaceuticals Inc)