Example ContractsClausesadjustment in case of changes affecting common stockVariants
Adjustment in Case of Changes Affecting Common Stock
Adjustment in Case of Changes Affecting Common Stock contract clause examples

Share Reserve. Subject to the provisions of [Section 12] relating to adjustments upon changes in Common Stock, the total number of shares of Common Stock that may be issued pursuant to Stock Awards shall not exceed in the aggregate of 6,000,000 shares (the “Reserved Shares”).”

Share Reserve. Subject to the provisions of [Section 12] relating to adjustments upon changes in Common Stock, the total number of shares of Common Stock that may be issued pursuant to Stock Awards shall not exceed in the aggregate of 4,100,000 shares (the “Reserved Shares”).”

“Share Reserve. Subject to the provisions of [Section 9(a)] relating to Capitalization Adjustments, the aggregate number of shares of Common Stock that may be issued pursuant to Stock Awards beginning on the Effective Date shall not exceed 30,646,185 shares (the “Share Reserve”). Furthermore, if a Stock Award # expires or otherwise terminates without having been executed in full or # is settled in cash (i.e., the holder of the Stock Award receives cash rather than stock), such expiration, termination or settlement shall not reduce (or otherwise offset) the number of shares of Common Stock that may be issued pursuant to the Plan. For clarity, the limitation set forth in this [Section 3(a)] is a limitation in the number of shares of Common Stock that may be issued pursuant to the Plan. Accordingly, this [Section 3(a)] does not limit the granting of Stock Awards except as provided in [Section 7(a)]

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