Common use of Adjustment By Stock Split, Stock Dividend, Etc Clause in Contracts

Adjustment By Stock Split, Stock Dividend, Etc. If at any time the Company increases or decreases the number of its outstanding shares of Common Stock, or changes in any way the rights and privileges of such shares, by means of the payment of a stock dividend or the making of any other distribution on such shares payable in its Common Stock, or through a stock split or subdivision of shares, or a consolidation or combination of shares, or through a reclassification or recapitalization involving its Common Stock, the numbers, rights, and privileges of the shares of Common Stock included in the Option shall be increased, decreased or changed in like manner as if such shares had been issued and outstanding, fully paid and nonassessable at the time of such occurrence.

Adjustment By Stock Split, Stock Dividend, Etc. If at any time the Company increases or decreases the number of its outstanding common shares of Common Stockcommon stock, or changes in any way the rights and privileges of such shares, by means of the payment of a stock dividend or the making of any other distribution on such shares payable in its Common Stockcommon stock, or through a stock split or subdivision of shares, or a consolidation or combination of shares, or through a reclassification or recapitalization involving invloving its Common Stockcommon stock, the numbers, rights, rights and privileges of the shares Option Shares of Common Stock common stock included in the Option shall be increased, decreased or changed in like manner as if such shares Option Shares had been issued and outstanding, fully paid and nonassessable non-assessable at the time of such occurrence.