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 Stock Units subject to your Award may be adjusted from time to time for changes in capitalization, as provided in Section 13 of the Plan. (b) Any additional Stock Units that become subject to the Award pursuant to this Section 3 shall be subject, in a manner determined by the Administrator, to the same forfeiture restrictions, restrictions on transferability, and time and manner of delivery as applicable to the other Stock Units covered by your Award. The Administrator shall, i...n its discretion, determine an equivalent benefit for any fractional shares or fractional shares that might be created by the adjustments referred to in this Section 3. View More
Found in SEATTLE GENETICS INC contract
SEATTLE GENETICS INC Contracts

SEATTLE GENETICS, INC. STOCK UNIT GRANT NOTICE (AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN) (Filed With SEC on October 27, 2016)

SEATTLE GENETICS, INC. STOCK UNIT GRANT NOTICE (AMENDED AND RESTATED 2007 EQUITY INCENTIVE PLAN) (Filed With SEC on February 28, 2014)