Adjustments for Corporate Transactions and Other Events Contract Clauses (48)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Adjustments for Corporate Transactions and Other Events clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Adjustments for Corporate Transactions and Other Events. (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of outstanding RSUs shall, without further action of the Administrator, be adjusted to reflect such event; provided, however, that any fractional RSUs resulting from any such adjustment shall be eliminated. Adjustments under this paragraph will be made by the Administrator, whose determination as to what adjustments, if any, will be made... and the extent thereof will be final, binding and conclusive. (b) Merger, Consolidation and Other Events. If the Company shall be the surviving or resulting corporation in any merger or consolidation and the Common Stock shall be converted into other securities, the RSUs shall pertain to and apply to the securities to which a holder of the number of shares of Common Stock subject to the RSUs would have been entitled. If the stockholders of the Company receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company or acquisition of its assets, securities of another entity or other property (including cash), then the rights of the Company under this Agreement shall inure to the benefit of the Company's successor, and this Agreement shall apply to the securities or other property (including cash) to which a holder of the number of shares of Common Stock subject to the RSUs would have been entitled, in the same manner and to the same extent as the RSUs. View More
Found in MARCHEX INC contract
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Adjustments for Corporate Transactions and Other Events. (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, Shares, the Committee shall adjust the number of outstanding RSUs shall, without further action of the Administrator, be adjusted in an equitable manner to reflect such event; provided, however, that event, including in the case of a stock dividend taking into account any fractional RSUs resulting from any such adjustment shall be eliminated. Distr...ibution Equivalent Rights paid to the Participant. Adjustments under this paragraph will be made by the Administrator, Committee, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. (b) Merger, Consolidation and Other Events. If the Company shall be the surviving or resulting corporation in any merger or consolidation and in which the Common Stock shall be Shares are converted into other securities, the RSUs shall pertain to and apply to the securities to which a holder of the number of shares of Common Stock Shares subject to the RSUs would have been entitled. If the stockholders of the Company receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company or acquisition of its assets, securities of another entity or other property (including cash), then the rights of the Company under this Agreement shall inure to the benefit of the Company's successor, and this Agreement shall apply to the securities or other property (including cash) to which a holder of the number of shares of Common Stock Shares subject to the RSUs would have been entitled, in the same manner and to the same extent extent, including the same restrictions and vesting and payment schedule, as the RSUs. (c) Other Adjustments. Notwithstanding the foregoing, the RSUs shall be subject to adjustment as set forth in the Plan. View More
Found in Griffin Capital Essential Asset REIT II, Inc. contract
Adjustments for Corporate Transactions and Other Events. (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of outstanding RSUs shall, without further action of the Administrator, be adjusted to reflect such event; provided, however, that any fractional RSUs resulting from any such adjustment shall be eliminated. Adjustments under this paragraph will be made by the Administrator, whose determination as to what adjustments, if any, will be made... and the extent thereof will be final, binding and conclusive. (b) Merger, Consolidation and Other Events. If the Company shall be the surviving or resulting corporation in any merger or consolidation and the Common Stock shall be converted into other securities, the RSUs shall pertain to and apply to the securities to which a holder of the number of shares of Common Stock subject to the RSUs would have been entitled. If the stockholders of the Company receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company or acquisition of its assets, securities of another entity or other property (including cash), then the rights of the Company under this Agreement shall inure to the benefit of the Company's successor, and this Agreement shall apply to the securities or other property (including cash) to which a holder of the number of shares of Common Stock subject to the RSUs would have been entitled, in the same manner and to the same extent as the RSUs. 2 8. Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement will alter your employment status or other service relationship with the Company, nor be construed as a contract of employment or service relationship between the Company and you, or as a contractual right of you to continue in the employ of, or in a service relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge you at any time with or without Cause or notice, subject to applicable law, and whether or not such discharge results in the forfeiture of any nonvested and forfeitable RSUs or any other adverse effect on your interests under the Plan. View More
Found in Act II Global Acquisition Corp. contract
Adjustments for Corporate Transactions and Other Events. (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of outstanding RSUs PSUs shall, without further action of the Administrator, be adjusted to reflect such event; provided, however, that any fractional RSUs PSUs resulting from any such adjustment shall be eliminated. Adjustments under this paragraph will be made by the Administrator, whose determination as to what adjustments, if any, wi...ll be made and the extent thereof will be final, binding and conclusive. (b) Merger, Consolidation and Other Events. If the Company Laureate shall be the surviving or resulting corporation in any merger or consolidation and the Common Stock shall be converted into other securities, the RSUs PSUs shall pertain to and apply to the securities to which a holder of the number of shares of Common Stock subject to the RSUs PSUs would have been entitled. If the stockholders of the Company Laureate receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company Laureate or acquisition of its assets, securities of another entity or other property (including cash), then the rights of the Company under this Agreement shall inure to the benefit of the Company's Laureate's successor, and this Agreement shall apply to the securities or other property (including cash) to which a holder of the number of shares of Common Stock subject to the RSUs PSUs would have been entitled, in the same manner and to the same extent as the RSUs. PSUs. 2 8. Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement shall alter your at-will or other employment status or other service relationship with the Company, nor be construed as a contract of employment or service relationship between the Company and you, or as a contractual right of you to continue in the employ of, or in a service relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge you at any time with or without cause or notice and whether or not such discharge results in the forfeiture of any nonvested and forfeitable PSUs or any other adverse effect on your interests under the Plan. View More
Found in LAUREATE EDUCATION, INC. contract
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Adjustments for Corporate Transactions and Other Events. In the event of a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, (A) the number of shares of such Common Stock as to which prospective Cyclical Equity Grants shall be granted under this Plan, and (B) the number of shares covered by and the exercise price and other terms of outstanding Awards, shall, without further action of the Board, be adjusted to reflect such event unless the Board, in its sole discretion, determines, at the time it approves such stock ...dividend, stock split or reverse stock split, that no such adjustment shall be made with respect to any or all particular Awards. The Plan Administrator may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise with respect to outstanding Awards as a result of the stock dividend, stock split or reverse stock split. 7.2 Other Transactions Affecting the Common Stock. The terms and conditions of this Plan and any applicable Award agreement, including without limitation the vesting provisions of Section 7, will apply with equal force to any additional and/or substitute securities or other property (including cash) received by a Non-Employee Director in exchange for, or by virtue of his holding or having been credited with, an Award, whether such additional and/or substitute securities or other property are received as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, share exchange, or similar event, except as otherwise determined by the Board. 7.3 Change in Control Transactions. In the event of any transaction resulting in a Change in Control (as defined in the SIP) of the Company, outstanding Options will terminate upon the effective time of such Change in Control unless provision is made in connection with the transaction for the continuation or assumption of such Options by, or for the substitution of equivalent options of, the surviving or successor entity or a parent thereof. In the event of such termination, the holders of outstanding Options under the Plan will be permitted, immediately before the Change in Control, to exercise the Options to the extent not previously exercised. Notwithstanding anything in the Plan or an Award agreement to the contrary, upon the occurrence of a Change in Control Event, all Stock Units and Restricted Stock Units then credited to the Accounts of Non-Employee Directors will be settled and paid out to such Non-Employee Directors, on or as soon as practicable after the occurrence of the Change in Control Event, in accordance with the provisions of Code section 409A. 7.4 Unusual or Nonrecurring Events. The Board is authorized to make, in its discretion and without the consent of holders of Awards, adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual or nonrecurring events affecting the Company, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Board determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. The Company shall not be required to issue any shares upon vesting of shares of Restricted Stock or upon exercise of any Option if the issuance of such shares shall constitute a violation by the Non-Employee Director or the Company of any provisions of any law or regulation of any governmental authority or national securities exchange. Each Award granted under this Plan shall be subject to the requirement that, if at any time the Plan Administrator shall determine that (a) the listing, registration or qualification of the shares subject thereto on any securities exchange or trading market or under any state or federal law of the United States or of any other country or governmental subdivision thereof, (b) the consent or approval of any governmental regulatory body, or (c) the making of investment or other representations are necessary or desirable in connection with the issue or purchase of shares subject thereto, no shares of Common Stock may be issued upon grant, vesting, or exercise of any Award unless such listing, registration, qualification, consent, approval or representation shall have been effected or obtained, free of any conditions not acceptable to the Plan Administrator. Any determination in this connection by the Plan Administrator shall be final, binding, and conclusive. View More
Found in ZYNEX INC contract
Adjustments for Corporate Transactions and Other Events. (a)Mandatory Adjustments. In the event of a merger, consolidation, stock dividend of, rights offering, liquidation, statutory share exchange, or similar event affecting Price Group, or a stock split or dividend, stock split, reverse stock split affecting, split, separation, spinoff, reorganization, special dividend of cash or other property, share combination or subdivision, recapitalization, or similar event affecting the capital structure of Price Group, that occurs at any time after adoption ...of the Plan by the Board (including any such event that occurs after such adoption and coincident with or prior to the Effective Date), the Plan Administrator, in its discretion and without the consent of the holders of outstanding Awards, shall make equitable and appropriate substitutions or proportionate adjustments to (i) the aggregate number and kind of shares of Common Stock, (A) Stock or other securities on which Awards under the Plan may be granted, (ii) the number of shares of such Common Stock as to which prospective Cyclical Equity Grants shall be granted under this Plan, and (B) the number of shares or other securities covered by and each outstanding Award or reflected in the Accounts, the exercise price price, if any, and other relevant terms of each outstanding Award, and (iii) all other numerical limitations relating to Awards, shall, without further action of whether contained in the Board, be adjusted to reflect such event unless the Board, Plan or in its sole discretion, determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be made with respect to any or all particular Awards. Award agreements. The Plan Administrator may make adjustments, in its discretion, to address shall determine the treatment of fractional shares and fractional cents that arise with respect to outstanding Awards and amounts reflected in the Accounts as a result of the stock dividend, stock split or reverse stock split. 7.2 Other Transactions Affecting adjustments to be made under this Section 8(a), which treatment may include the Common Stock. cancellation of fractional shares without payment therefor. The terms Plan Administrator will make the adjustments and conditions of determinations under this Plan Section 8(a), and any applicable Award agreement, including without limitation the vesting provisions of Section 7, its determination will apply with equal force to any additional and/or substitute securities or other property (including cash) received by a Non-Employee Director in exchange for, or by virtue of his holding or having been credited with, an Award, whether such additional and/or substitute securities or other property are received as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, share exchange, or similar event, except as otherwise determined by the Board. 7.3 be final, binding and conclusive. (b) Change in Control Transactions. In the event of any transaction resulting in a Change in Control (as defined of Price Group, (A) all outstanding Awards will become fully vested immediately before and contingent upon the Change in the SIP) of the Company, Control; (B) all outstanding Options not exercised prior to or upon the Change in Control will terminate upon at the effective time of such Change in Control unless provision is made by the Board in connection with the transaction for the continuation continuation, assumption or assumption settlement of such Options by, or for the substitution of equivalent options of, the surviving or successor entity or a parent thereof. In the event thereof; and (C) all Stock Units credited to Accounts as of such termination, the holders of outstanding Options under the Plan will be permitted, immediately before the Change in Control, to exercise Control will be settled in shares (of either Common Stock or common stock of the Options to surviving or successor entity or a parent thereof) or in cash, all at the extent not previously exercised. Notwithstanding anything in discretion of the Plan or an Award agreement to the contrary, Board, upon the occurrence of a Change in Control Event, all Stock Units and Restricted Stock Units then credited to the Accounts of Non-Employee Directors will be settled and paid out to such Non-Employee Directors, on or as soon as practicable after thereafter but in no event later than the occurrence close of the calendar year in which the Change in Control Event, occurs. (c) Other Events. In the event of a change in accordance with the provisions of Code section 409A. 7.4 Unusual or Nonrecurring Events. The Board Price Group's Common Stock which is authorized limited to make, in its discretion and without the consent of holders of Awards, adjustments a change in the terms and conditions of, and designation thereof to "Capital Stock" or other similar designation, or to a change in the criteria included in, Awards par value thereof, or from par value to no par value, without increase in recognition the number of unusual or nonrecurring events affecting issued shares, the Company, or shares resulting from any such change shall be deemed to be Common Stock within the financial statements meaning of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Board determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. The Company shall not be required to issue any shares upon vesting of shares of Restricted Stock or upon exercise of any Option if the issuance of such shares shall constitute a violation by the Non-Employee Director or the Company of any provisions of any law or regulation of any governmental authority or national securities exchange. Each Award granted under this Plan shall be subject to the requirement that, if at any time the Plan Administrator shall determine that (a) the listing, registration or qualification of the shares subject thereto on any securities exchange or trading market or under any state or federal law of the United States or of any other country or governmental subdivision thereof, (b) the consent or approval of any governmental regulatory body, or (c) the making of investment or other representations are necessary or desirable in connection with the issue or purchase of shares subject thereto, no shares of Common Stock may be issued upon grant, vesting, or exercise of any Award unless such listing, registration, qualification, consent, approval or representation shall have been effected or obtained, free of any conditions not acceptable to the Plan Administrator. Any determination in this connection by the Plan Administrator shall be final, binding, and conclusive. View More
Found in T. Rowe Price Group contract
Adjustments for Corporate Transactions and Other Events. In the event of (a) Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, (A) the number of shares of such Common Stock as to which prospective Cyclical Equity Grants shall be granted under this Plan, and (B) the number of shares covered by and the exercise price and other terms of outstanding Awards, Award Units shall, without further action of the Board, Administrator, be adjusted to reflect such event ...unless the Board, in its sole discretion, determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment event. The Administrator shall be made with respect to any or all particular Awards. The Plan Administrator may make adjustments, in its discretion, to address the treatment of fractional shares and fractional cents that arise Shares with respect to outstanding Awards the Award Units as a result of the stock dividend, stock split or reverse stock split. 7.2 Other Transactions Affecting split; provided that such adjustments do not result in the Common Stock. The terms and conditions issuance of fractional Shares. Adjustments under this Plan and any applicable Award agreement, including without limitation the vesting provisions of Section 7, 8 will apply with equal force to any additional and/or substitute securities or other property (including cash) received by a Non-Employee Director in exchange for, or by virtue of his holding or having been credited with, an Award, whether such additional and/or substitute securities or other property are received as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, share exchange, or similar event, except as otherwise determined be made by the Board. 7.3 Change Administrator, whose determination as to what adjustments, if any, will be made and the extent thereof will be final, binding and conclusive. (b) Non-Change in Control Transactions. In Upon any change affecting the event Common Stock, the Company or its capitalization, by reason of a spin-off, split-up, dividend, recapitalization, merger, consolidation or share exchange, other than any such change that is part of a transaction resulting in a Change in Control (as defined in Control, the SIP) of Administrator shall make any adjustments with respect to the Company, outstanding Options will terminate upon Award Units as the effective time of such Change in Control unless provision is made in connection with the transaction for the continuation or assumption of such Options by, or for the substitution of equivalent options of, the surviving or successor entity or a parent thereof. In the event of such termination, the holders of outstanding Options under the Plan Administrator determines to be appropriate and equitable. The Administrator's determination as to what adjustments, if any, will be permitted, immediately before the Change in Control, to exercise the Options to made and the extent not previously exercised. Notwithstanding anything in the Plan or an Award agreement to the contrary, upon the occurrence of a Change in Control Event, all Stock Units and Restricted Stock Units then credited to the Accounts of Non-Employee Directors thereof will be settled final, binding and paid out to such Non-Employee Directors, on or as soon as practicable after the occurrence of the Change in Control Event, in accordance with the provisions of Code section 409A. 7.4 conclusive. (c) Unusual or Nonrecurring Events. The Board is authorized to Administrator shall make, in its discretion and without the consent of holders of Awards, discretion, adjustments in the terms and conditions of, and the criteria included in, Awards Award Units in recognition of unusual or nonrecurring events affecting the Company, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Board Administrator determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. Plan; provided that no such adjustment shall be made in contravention of Section 409A of the Code ("Code Section 409A") with respect to any Award that constitutes a deferred compensation arrangement within the meaning of Code Section 409A. (d) Binding Nature of Agreement. The Company terms and conditions of this Agreement shall not be required apply with equal force to issue any shares upon vesting additional and/or substitute securities received by you in exchange for, or by virtue of shares of Restricted Stock or upon exercise your ownership of, the Award Units, to the same extent as the Award Units with respect to which such additional and/or substitute securities are distributed, whether as a result of any Option if spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the issuance Common Stock of such shares shall constitute a violation the Company, or similar event, except as otherwise determined by the Non-Employee Director Administrator. If the Award Units are converted into or exchanged for, or stockholders of the Company receive by reason of any provisions distribution in total or partial liquidation or pursuant to any merger of any law the Company or regulation acquisition of any governmental authority its assets, securities of another entity, or national securities exchange. Each Award granted other property (including cash), then the rights of the Company under this Plan Agreement shall be subject inure to the requirement that, if at any time the Plan Administrator shall determine that (a) the listing, registration or qualification benefit of the shares subject thereto on any Company's successor, and this Agreement shall apply to the securities or other property (including cash) received upon such conversion, exchange or trading market or under any state or federal law of distribution in the United States or of any other country or governmental subdivision thereof, (b) the consent or approval of any governmental regulatory body, or (c) the making of investment or other representations are necessary or desirable in connection with the issue or purchase of shares subject thereto, no shares of Common Stock may be issued upon grant, vesting, or exercise of any Award unless such listing, registration, qualification, consent, approval or representation shall have been effected or obtained, free of any conditions not acceptable same manner and to the Plan Administrator. Any determination in this connection by same extent as the Plan Administrator shall be final, binding, and conclusive. Award Units. View More
Found in Perma-Pipe International Holdings, Inc. contract
Adjustments for Corporate Transactions and Other Events. In the event of a stock dividend of, on, or stock split or reverse stock split affecting, the Common Stock, (A) the number of shares of such Common unvested Restricted Stock as to which prospective Cyclical Equity Grants shall be granted under this Plan, and (B) the number of shares covered by Stock Units and Restricted Stock Units credited to each Non-Employee Director's Account subject to the exercise price relevant record and other terms payment dates of outstanding Awards, such stock dividen...d, stock split or reverse stock split shall, without further action of the Board, be adjusted to reflect such event unless the Board, in its sole discretion, determines, at the time it approves such stock dividend, stock split or reverse stock split, that no such adjustment shall be made with respect to any or all particular Awards. The Plan Administrator may make adjustments, in its discretion, to address the treatment of fractional event. Fractional shares and fractional cents that arise with respect to outstanding Awards as a result of the stock dividend, stock split or reverse stock split. 7.2 Other split shall be rounded down to the nearest whole share or cent. 9.2Other Transactions Affecting the Common Stock. The terms and conditions of this Plan and any applicable Award agreement, including without limitation the vesting provisions of Section 7, will apply with equal force to any additional and/or substitute securities or other property (including cash) received by a Non-Employee Director in exchange for, or by virtue of his holding or having been credited with, an Award, whether such additional and/or substitute securities or other property are received as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, share exchange, or similar event, except as otherwise determined by the Board. 7.3 Change in Control Transactions. In the event of any transaction resulting in a Change in Control (as defined in the SIP) of the Company, outstanding Options will terminate upon the effective time of such Change in Control unless provision is made in connection with the transaction for the continuation or assumption of such Options by, or for the substitution of equivalent options of, the surviving or successor entity or a parent thereof. In the event of such termination, the holders of outstanding Options under the Plan will be permitted, immediately before the Change in Control, to exercise the Options to the extent not previously exercised. Notwithstanding anything in the Plan or an Award agreement to the contrary, upon the occurrence of a Change in Control Event, all Stock Units and Restricted Stock Units then credited to the Accounts of Non-Employee Directors will be settled and paid out to such Non-Employee Directors, on or as soon as practicable after the occurrence of the Change in Control Event, in accordance with the provisions of Code section 409A. 7.4 Unusual event. 9.3Unusual or Nonrecurring Events. The Board is authorized to shall make, in its discretion and without the consent of holders of Awards, adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual or nonrecurring events affecting the Company, or the financial statements of the Company or any Affiliate, or of changes in applicable laws, regulations, or accounting principles, whenever the Board determines that such adjustments are appropriate in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. 10. Compliance With Other Laws and Regulations The Plan, the grant of Awards, and the obligation of the Company to issue and deliver shares of Common Stock upon vesting of shares of Restricted Stock or upon the payment of any Stock Units or Restricted Stock Units or upon exercise of Options shall be subject to all applicable federal and state laws, rules, and regulations and to such approvals by such governmental or regulatory agency or national securities exchange as may be required. The Company shall not be required to issue any shares upon vesting of shares of Restricted Stock, upon the payment of any Stock Units or Restricted Stock Units or upon exercise of any Option Options, if the issuance of such shares shall constitute a violation by the Non-Employee Director or the Company of any provisions of any law or regulation of any governmental authority or national securities exchange. Each Award granted under this Plan shall be subject to the requirement that, if at any time the Plan Administrator shall determine that (a) the listing, registration or qualification of the shares subject thereto on any securities exchange or trading market or under any state or federal law of the United States or of any other country or governmental subdivision thereof, (b) the consent or approval of any governmental regulatory body, or (c) the making of investment or other representations are necessary or desirable in connection with the issue or purchase of shares subject thereto, no shares of Common Stock may be issued upon grant, vesting, or exercise of any Award unless such listing, registration, qualification, consent, approval or representation shall have been effected or obtained, free of any conditions not acceptable to the Plan Administrator. Any determination in this connection by the Plan Administrator shall be final, binding, and conclusive. View More
Found in FTI Consulting, Inc. contract
View Variations (3)
Adjustments for Corporate Transactions and Other Events. (a)Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of Restricted Stock Units hereunder shall be adjusted as provided under the Director Plan. (b)Other Transactions Affecting the Common Stock. The terms and conditions of this Agreement will apply with equal force to any additional and/or substitute rights to receive securities received by you in exchange for, or by virtue of your ownership... of, the Restricted Stock Units, whether as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, or other similar event. If the Restricted Stock Units are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company or acquisition of its assets, rights to receive securities of another entity, or other property (including cash), then the rights of the Company under this Agreement will inure to the benefit of the Company's successor, and this Agreement will apply to the rights to receive securities or other property Deferred Restricted Stock Unit Agreement [DCP] – Non-Employee Directors – Effective January 1, 2016 2009 Omnibus Incentive Compensation Plan -4- received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted Stock Units. View More
Found in FTI Consulting, Inc. contract
Adjustments for Corporate Transactions and Other Events. (a)Stock Dividend, Stock Split and Reverse Stock Split. Upon a stock dividend of, or stock split or reverse stock split affecting, the Common Stock, the number of Restricted Stock Units hereunder shall be adjusted as provided under the Director Plan. (b)Other Transactions Affecting the Common Stock. The terms and conditions of this Agreement will apply with equal force to any additional and/or substitute rights to receive securities received by you in exchange for, or by virtue of your ownership... of, the Restricted Stock Units, whether as a result of any spin-off, stock split-up, stock dividend, stock distribution, other reclassification of the Common Stock of the Company, or other similar event. If the Restricted Stock Units are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation or pursuant to any merger of the Company or acquisition of its assets, rights to receive securities of another entity, or other property (including cash), then the rights of the Company under this Agreement will inure to the benefit of the Company's successor, and this Agreement will apply to the rights to receive securities or other property Deferred Restricted Stock Unit Agreement [DCP] – Non-Employee Directors – Effective January 1, 2016 2009 Omnibus Incentive Compensation Plan -4- received upon such conversion, exchange or distribution in the same manner and to the same extent as the Restricted Stock Units. View More
Found in FTI Consulting, Inc. contract
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