Common use of Additional Shares of Stock Clause in Contracts

Additional Shares of Stock. In the event additional shares of Stock are issued by the Corporation to a Stockholder or otherwise purchased or acquired by a Stockholder at any time during the term of this Agreement, either directly or upon the exercise or exchange of securities of the Corporation exercisable for or exchangeable into shares of Stock, such additional shares of Stock shall become subject to the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Stockholders' Agreement (Special Metals Corp), Stockholders' Agreement (Special Metals Corp)

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Additional Shares of Stock. In the event additional shares of Stock are issued by the Corporation to a Stockholder or otherwise purchased or acquired by a Stockholder at any time during the term of this Agreement, either directly or upon the exercise or exchange of securities of the Corporation exercisable for or exchangeable into shares of Stock, such additional shares of Stock shall shall, as a condition to such issuance, become subject to the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Cytrx Corp)

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Additional Shares of Stock. In the event additional shares of Stock stock are issued by the Corporation Company to a any Stockholder or otherwise purchased or acquired by a Stockholder transferee thereof at any time during the term of this Agreement, either directly or upon the conversion, exercise or exchange of securities of the Corporation Company convertible into or exercisable for or exchangeable into for shares of Stockstock, such additional shares of Stock shall become stock shall, as a condition to and effective upon such issuance, be subject to the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Magnavision Corporation)

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