Number of Shares Clause Example from Business Contracts

This example Number of Shares clause appears in 2 contracts from 1 company

Number of Shares. (a) The number of Units subject to the Award may be adjusted from time to time for Capitalization Adjustments, as provided in the Plan. (b) Any shares, cash or other property that becomes subject to the Award pursuant to this Section 3, if any, will be subject, in a manner determined by the Board, to the same forfeiture restrictions, restrictions on transferability, and time and manner of delivery as applicable to the other shares that may be issued in settlement of the Award. (c) Notwithstandin...g the provisions of this Section 3, no fractional Units or rights for fractional shares of Common Stock will be created pursuant to this Section 3. The Board will, in its discretion, determine an equivalent benefit for any fractional Units or rights to fractional shares that might be created by the adjustments referred to in this Section 3. View More
Found in Melt Pharmaceuticals, Inc. contract
Melt Pharmaceuticals, Inc. Contracts

Form of Non-Employee Director Deferred Issuance Restricted Stock Unit Grant Notice and Non-Employee Director Deferred Issuance Restricted Stock Unit Award Agreement under 2018... (Filed With SEC on September 21, 2022)

Form of Non-Employee Director and Officer Restricted Stock Unit Grant Notice and Non-Employee Director and Officer Restricted Stock Unit Award Agreement under 2018 Equity... (Filed With SEC on September 21, 2022)