Adjustments Upon Specified Events Clause Example with 11 Variations from Business Contracts
This page contains Adjustments Upon Specified Events clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation's stock contemplated by Section 7.1 of the Plan (including, without limitation, an extraordinary cash dividend on such stock), the Administrator shall make adjustments in accordance with such section in the number of Stock Units then outstanding and the number and kind of securities that may be issued in respect of the Award. No such adjustment shall be made with respect to any ordinary cash dividend for which dividend equivalents...
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Variations of a "Adjustments Upon Specified Events" Clause from Business Contracts
Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation's Company's stock contemplated by Section 7.1 11 of the Plan (including, without limitation, an extraordinary cash dividend on such stock), the Administrator Committee shall make adjustments in accordance with such section in the number of Stock Units then outstanding and the number and kind of securities that may be issued in respect of the Award. No such adjustment shall be made with respect to any ordinary cash dividend for whi...
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