Adjustment Due to Stock Split, Stock Dividend, Etc. If, prior to the conversion of all of the Series A Convertible Preferred Stock, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, or other similar event, the Conversion Price and number of shares of Common Stock issuable on conversion shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a combination or reclassification of shares, or other similar event, the Conversion Price shall be proportionately increased.
Appears in 1 contract
Samples: Share Purchase and Sale Agreement (Dragon's Lair Holdings, Inc.)
Adjustment Due to Stock Split, Stock Dividend, Etc. If, prior to If at any time when the conversion of all of the Series A Convertible Preferred StockNotes are issued and outstanding, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, or other similar event, the Fixed Conversion Price and number of shares of Common Stock issuable on conversion shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a combination or reclassification of shares, or other similar event, the Fixed Conversion Price shall share be proportionately increased.
Appears in 1 contract
Samples: Subscription Agreement (Cool Can Technologies Inc/Ca)
Adjustment Due to Stock Split, Stock Dividend, Etc. If, prior to If at any time when the conversion of all of the Series A Convertible Preferred StockNotes are issued and outstanding, the number of outstanding shares of Common Stock common stock is increased by a stock split, stock dividend, or other similar event, the Conversion Price and number of shares of Common Stock issuable on conversion shall be proportionately reduced, or if the number of outstanding shares of Common Stock common stock is decreased by a combination or reclassification of shares, or other similar event, the Conversion Price shall be proportionately increased.
Appears in 1 contract
Samples: Convertible Note Subscription Agreement (Doral Energy Corp.)
Adjustment Due to Stock Split, Stock Dividend, Etc. If, prior to If at any time when the conversion of all of the Series A Convertible Preferred StockNotes are issued and outstanding, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, or other similar event, the Conversion Price and number of shares of Common Stock issuable on conversion shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a combination or reclassification of shares, or other similar event, the Conversion Price shall share be proportionately increased.
Appears in 1 contract
Samples: Convertible Note (Lincoln Gold Corp)