Adjustments Contract Clauses (5,931)

Grouped Into 96 Collections of Similar Clauses From Business Contracts

This page contains Adjustments clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Adjustments. In the event of any equity restructuring (within the meaning of Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation) that causes the per share value of shares of Common Stock to change, such as a stock dividend, stock split, spinoff, rights offering or recapitalization through an extraordinary cash dividend, the number and class of securities subject to the award shall be appropriately adjusted by the Committee. In the event of any ot...her change in corporate capitalization, including a merger, consolidation, reorganization, or partial or complete liquidation of the Company, such equitable adjustments described in the foregoing sentence may be made as determined to be appropriate and equitable by the Committee to prevent dilution or enlargement of rights of participants. The decision of the Committee regarding any such adjustment shall be final, binding and conclusive. View More
Adjustments. In the event of any equity restructuring (within the meaning of Financial Accounting Standards Board Accounting Standards Codification Topic 718, Compensation—Stock Compensation) Compensation Stock Compensation or any successor or replacement accounting standard) that causes the per share value of shares of Common Stock to change, such as a stock dividend, stock split, spinoff, rights offering or recapitalization through an extraordinary cash dividend, the terms of the Option (including the numb...er and class of securities subject to the award Option and the purchase price per share) shall be appropriately adjusted by the Committee. Committee, such adjustments to be made in accordance with Section 409A of the Code. In the event of any other change in corporate capitalization, including a merger, consolidation, reorganization, or partial or complete liquidation of the Company, such equitable adjustments described in the foregoing sentence may be made as determined to be appropriate and equitable by the Committee to prevent dilution or enlargement of 5 rights of participants. The In either case, the decision of the Committee regarding any such adjustment shall be final, binding and conclusive. View More
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Adjustments. The terms of this Agreement, including, without limitation, (a) the number of Shares subject to the Option and (b) the Exercise Price specified herein, shall be subject to adjustment in accordance with Section 12 of the Plan.
Adjustments. The terms of this Agreement, including, without limitation, (a) the number of Shares subject to the Option and (b) the Exercise Price specified herein, shall will be subject to adjustment in accordance with Section 12 13 of the Plan.
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Adjustments. (a) The Restricted Stock Units and any related Unpaid RSU Dividend Equivalents will be subject to adjustment pursuant to Section 4.2 of the Plan in such manner as the Plan Administrator, in its sole discretion, deems equitable and appropriate in connection with the occurrence following the Grant Date of any of the events described in Section 4.2 of the Plan following the Grant Date. (b) In the event of any Approved Transaction, Board Change or Control Purchase following the Grant Date, the Restr...icted Stock Units and any related Unpaid RSU Dividend Equivalents may become vested in accordance with Section 10.1(b) of the Plan. View More
Adjustments. (a) The Restricted Stock Units and any related Unpaid RSU Dividend Equivalents will be subject to adjustment pursuant to Section 4.2 of the Plan in such manner as the Plan Administrator, in its sole discretion, deems equitable and appropriate in connection with the occurrence following the Grant Date of any of the events described in Section 4.2 of the Plan following the Grant Date. (b) In the event of any Approved Transaction, Board Change or Control Purchase following the Grant Date, the Restr...icted Stock Units and any related Unpaid RSU Dividend Equivalents may become vested in accordance with Section 10.1(b) of the Plan. In the event of an Approved Transaction following the Grant Date, all Restricted Stock Units that are then outstanding but unvested, and any related Unpaid RSU Dividend Equivalents, shall become vested in full immediately prior to consummation of the Approved Transaction. For the avoidance of doubt, in the event of an Approved Transaction following the Grant Date, the Plan Administrator shall not have the discretion contemplated by Section 10.1(b) of the Plan to determine that the Restricted Stock Units and any related Unpaid RSU Dividend Equivalents will not become vested if new or substitute Awards are given to the Grantee in accordance with Section 10.1(b) of the Plan. View More
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Adjustments. (a) In the event of any stock split, stock dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of shares, liquidation, spin-off or other similar change in capitalization or event, or any distribution to holders of Common Stock other than a regular cash dividend, the number and class of securities subject to the Award will be equitably adjusted by the Committee, such adjustment to be made in accordance with Section 409A of the Code, to the extent applicable. T...he decision of the Committee regarding any such adjustment is final and binding. (b) Subject to Section 162(m) of the Code, appropriate and equitable adjustments (which may be increases or decreases) will be made by the Committee to the Performance Measures to take into account changes in law or to reflect the inclusion or exclusion of the impact of extraordinary or unusual items, events or circumstances, including, but not limited to (i) changes in laws, regulations and accounting principles; (ii) actuarial gains or losses related to defined benefit plan accounting; and (iii) impairment and restructuring related changes. View More
Adjustments. (a) In the event of any stock split, stock dividend, recapitalization, reorganization, merger, consolidation, combination, exchange of shares, liquidation, spin-off or other similar change in capitalization or event, or any distribution to holders of Common Stock other than a regular cash dividend, the number and class of securities subject to the Award will be equitably adjusted by the Committee, such adjustment to be made in accordance with Section 409A of the Code, to the extent applicable. T...he decision of the Committee regarding any such adjustment is final and binding. (b) Subject to Section 162(m) of the Code, appropriate Appropriate and equitable adjustments (which may be increases or decreases) will be made by the Committee to the Performance Measures to take into account changes in law or to reflect the inclusion or exclusion of the impact of extraordinary or unusual items, events or circumstances, including, but not limited to (i) changes in laws, regulations and accounting principles; (ii) actuarial actual gains or losses related to defined benefit plan accounting; and (iii) impairment and restructuring related changes. changes; provided that, except as permitted by Section 162(m) of the Code, no adjustment will be made which would result in an increase in Holder's compensation if Holder's compensation is subject to the limitation on deductibility under Section 162(m) of the Code, for the year with respect to which the adjustment occurs. View More
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Adjustments. (a) Subject to clause 7(b) below and Section 12.2 of the Plan, if the outstanding shares of stock of the Company are increased, decreased, or exchanged for a different number or kind of shares or other securities, or if additional shares or new or different shares or other securities are distributed with respect to such shares of stock or securities, through merger, consolidation, sale of all or substantially all of the assets or shares of the Company, reorganization, recapitalization, reclassif...ication, stock dividend, stock split, reverse stock split or other distribution with respect to such shares of stock or other securities, then, to the extent permitted by the Board, an appropriate and proportionate adjustment shall be made in (1) the maximum number and/or kind of shares provided in Paragraph 1 above; (2) the number and/or kind of shares or other securities subject to the outstanding options and tandum SARs, if any; and (3) the price for each share or other unit of any other securities subject to outstanding options without change in the aggregate purchase price or value as to which the options remain exercisable or subject to restrictions. Any adjustment under this clause 7(a) shall be made by the Board, whose determination as to what adjustments shall be made, if any, and the extent thereof, will be final, binding and conclusive. No fractional interests will be issued under this Agreement resulting from any such adjustment. (b) Notwithstanding anything else herein to the contrary, the Board may, at any time, in its sole discretion, provide that upon the occurrence of a change in control of the Company (as determined by the Board), all or a specified portion of any outstanding options not theretofore exercisable shall immediately become exercisable and that any option not exercised prior to such change in control shall be canceled. Notwithstanding any other provision in this Agreement to the contrary, in the event of a Change in Control within six months following the Participant's date of hire with the Company or its Subsidiaries, the Option shall be canceled immediately prior to the consummation of the Change in Control. View More
Adjustments. (a) Subject to clause 7(b) below and Section 12.2 of the Plan, if the outstanding shares of stock of the Company are increased, decreased, or exchanged for a different number or kind of shares or other securities, or if additional shares or new or different shares or other securities are distributed with respect to such shares of stock or securities, through merger, consolidation, sale of all or substantially all of the assets or shares of the Company, reorganization, recapitalization, reclassif...ication, stock dividend, stock split, reverse stock split or other distribution with respect to such shares of stock or other securities, then, to the extent permitted by the Board, an appropriate and proportionate adjustment shall be made in (1) the maximum number and/or kind of shares provided in Paragraph 1 above; (2) the number and/or kind of shares or other securities subject to the outstanding options and tandum SARs, if any; and (3) the price for each share or other unit of any other securities subject to outstanding options without change in the aggregate purchase price or value as to which the options remain exercisable or subject to restrictions. Any adjustment under this clause 7(a) shall be made by the Board, whose determination as to what adjustments shall be made, if any, and the extent thereof, will be final, binding and conclusive. No fractional interests will be issued under this Agreement resulting from any such adjustment. (b) Notwithstanding anything else herein to the contrary, unless the Board may, Board, at any time, in its sole discretion, determines that the Participant did not perform the duties reasonably requested of him in connection with a Change in Control, including, without limitation, agreeing to provide that remunerated services to the Company (for a reasonable length of time) following a Change in Control, upon the occurrence of a change Change in control of Control, the Company (as determined by the Board), all Option or a specified any portion of any outstanding options thereof not theretofore exercisable exercisable, shall immediately become exercisable in its entirety and that any option not exercised prior to such change in control shall the Option may be canceled. Notwithstanding any other provision in this Agreement purchased by the Company for cash at a price equal to the contrary, Fair Market Value less the purchase price payable by the Participant to exercise the Option as set out in the event Section 1 above for one (1) share of a Change in Control within six months following the Participant's date Common Stock of hire with the Company or its Subsidiaries, multiplied by the Option shall be canceled immediately prior number of shares of Common Stock which the Participant has the option to purchase pursuant to the consummation terms of the Change in Control. Section 1 above. View More
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Adjustments. The number of PRSUs (or, if applicable, Acquirer RSUs) are subject to adjustment by the Committee in the event of any increase or decrease in the number of issued Shares resulting from a subdivision or consolidation of the Common Stock or the payment of a stock dividend on Common Stock, or any other increase or decrease in the number of Shares effected without receipt or payment of consideration by the Company.
Adjustments. The Committee retains the sole and plenary discretion to make any adjustment permitted by Section 4.2(f) of the Plan in respect of the Performance Goal. In addition, the number of PRSUs (or, if applicable, Acquirer RSUs) are subject to adjustment by the Committee in the event of any increase or decrease in the number of issued Shares resulting from a subdivision or consolidation of the Common Stock or the payment of a stock dividend on Common Stock, or any other increase or decrease in the numbe...r of Shares effected without receipt or payment of consideration by the Company. View More
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Adjustments. The Award granted hereunder is subject to adjustment pursuant to Sections 12 and 13 of the Plan.
Adjustments. The Award granted hereunder is subject to adjustment pursuant to Sections 12 and 13 of the Plan.
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Adjustments. If any change is made to the outstanding Common Stock or the capital structure of the Company, the shares of Common Stock shall be subject to adjustment in any manner provided under Section 13 of the Plan.
Adjustments. If any change is made to the outstanding Common Stock or the capital structure of the Company, the shares of Common Stock underlying the RSUs shall be subject to adjustment in any manner provided under Section 13 of the Plan.
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Adjustments. The SARs may be adjusted or terminated in any manner as contemplated by Section 11 of the Plan.
Adjustments. The SARs may be adjusted or terminated in any manner as contemplated by Section 11 7 of the Plan.
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Adjustments. In the event of a stock dividend or in the event the Stock shall be changed into or exchanged for a different number or class of shares of stock of the Company or of another corporation, whether through reorganization, recapitalization, stock split-up, combination of shares, merger or consolidation, there shall be substituted for each such remaining share of Stock then subject to this Grant Agreement the number and class of shares of stock into which each outstanding share of Stock shall be so e...xchanged, all as set forth in Section 5.3 of the Plan. 2 7. Delivery of Shares. No shares of Stock shall be delivered under this Grant Agreement until: (i) the Units vest in accordance with the schedule set forth in Section 2 or pursuant to Section 3, above, as the case may be; (ii) approval of any governmental authority required in connection with the Grant Agreement, or the issuance of shares thereunder, has been received by the Company; (iii) if required by the Committee, the Grantee has delivered to the Company documentation (in form and content acceptable to the Company in its sole and absolute discretion) to assist the Company in concluding that the issuance to the Grantee of any share of Stock under this Grant Agreement would not violate the Securities Act of 1933, as amended (the "Securities Act"), or any other applicable federal, state or local securities or other laws or regulations; (iv) the Grantee has complied with Section 13, below, in order for the proper provision for required tax withholdings to be made; and (v) the Grantee has executed and returned this Grant Agreement to the Company (which, in the case of a Grant Agreement provided to the Grantee in electronic format, requires that the Grantee click the "ACCEPT" button). This Grant Agreement must be executed by the Grantee no later than the date 11 months from the Grant Date, which is through and including the normal close of business of the Company for its headquarters location in Phoenix, Arizona on February 4, 2020. View More
Adjustments. In the event of a stock dividend or in the event the Stock shall be changed into or exchanged for a different number or class of shares of stock of the Company or of another corporation, whether through reorganization, recapitalization, stock split-up, combination of shares, merger or consolidation, there shall be substituted for each such remaining share of Stock then subject to this Grant Agreement the number and class of shares of stock into which each outstanding share of Stock shall be so e...xchanged, all as set forth in Section 5.3 of the Plan. 2 7 8. Delivery of Shares. No shares of Stock shall be delivered under this Grant Award Agreement until: (i) the Units vest in accordance with the schedule set forth in Section 2 or pursuant to Section 3, Section 4.2, or Section 4.3 above, as the case may be; (ii) approval of any governmental authority required in connection with the Grant Award Agreement, or the issuance of shares thereunder, has been received by the Company; (iii) if required by the Committee, the Grantee has delivered to the Company documentation (in form and content acceptable to the Company in its sole and absolute discretion) to assist the Company in concluding that the issuance to the Grantee of any share of Stock under this Grant Agreement would not violate the Securities Act of 1933, as amended (the "Securities Act"), 1933 or any other applicable federal, federal or state or local securities or other laws or regulations; (iv) the Grantee has complied with Section 13, below, 14 below of this Award Agreement in order for the proper provision for required tax withholdings to be made; and (v) the Grantee has executed and returned this Grant Agreement to the Company (which, in the case of a Grant Agreement provided to the Grantee in electronic format, requires that the Grantee click the "ACCEPT" button). This Grant Agreement must be executed by the Grantee no later than than, the date 11 earlier of (i) ten (10) months from the Grant Date, which is through Date (through and including the normal close of business of the Company for its headquarters location in Phoenix, Arizona on February 4, 2020. January 7, 2017); or (ii) the date preceding the first Vesting Date described in Section 3 of this Grant Agreement. View More
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