Common use of Reclassification, Consolidation or Merger Clause in Contracts

Reclassification, Consolidation or Merger. The number of Option Shares may be adjusted in accordance with the Plan if certain events such as merger, reorganization, consolidation, recapitalization, stock dividends, stock splits, or other changes in the Company's corporate structure affecting its Common Stock occur.

Appears in 6 contracts

Sources: Grant of Non Qualified Stock Option (Cryolife Inc), Incentive Stock Option Agreement (Cryolife Inc), Grant of Non Qualified Stock Option (Cryolife Inc)

Reclassification, Consolidation or Merger. The number of Option Shares may be adjusted in accordance with the Plan if certain events such as merger, reorganization, consolidation, recapitalization, stock dividends, stock splits, or other changes in the Company's ’s corporate structure affecting its Common Stock occur.

Appears in 6 contracts

Sources: Non Qualified Stock Option Agreement (Cryolife Inc), Stock Option Agreement (Cryolife Inc), Incentive Stock Option Agreement (Cryolife Inc)

Reclassification, Consolidation or Merger. The number of Option Shares may be adjusted in accordance with the Plan if certain events such as merger, reorganization, consolidation, recapitalization, stock dividends, stock splits, or other changes in the Company's Corporation’s corporate structure affecting its Common Stock occur.

Appears in 3 contracts

Sources: Non Qualified Stock Option Agreement (Cryolife Inc), Grant of Non Qualified Stock Option (Cryolife Inc), Incentive Stock Option Agreement (Cryolife Inc)

Reclassification, Consolidation or Merger. The number of Option Shares may be adjusted in accordance with the Plan if certain events such as merger, reorganization, consolidation, recapitalization, stock dividends, stock splits, or other changes in the Company's corporate structure affecting its Common Stock occur. The options subject to this Agreement shall immediately become vested in the event of a Non-Acquiring Transaction, as defined in Section 5(k) of the Plan.

Appears in 1 contract

Sources: Stock Option Agreement (Imnet Systems Inc)