Common use of Adjustment for Changes in Capitalization Clause in Contracts

Adjustment for Changes in Capitalization. In the event of any increase or decrease in the capital of the Company resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the shares or like change to the capital of the Company, the number of shares of common stock issuable to the Consultant pursuant to Subsection 5(a) of this Agreement shall be proportionately adjusted.

Appears in 3 contracts

Samples: Consulting Agreement (Delta Oil & Gas Inc), Consulting Agreement (Delta Oil & Gas Inc), Consulting Agreement (Delta Oil & Gas Inc)

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Adjustment for Changes in Capitalization. In the event case of any increase or decrease in the capital of the Company resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the shares or like change to the capital of the Company, the number of shares of common stock Common Stock issuable pursuant to the Consultant pursuant to Subsection 5(a) exercise of this Agreement the Options and the exercise price shall be proportionately adjustedadjusted as set forth in the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Helius Medical Technologies, Inc.)

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Adjustment for Changes in Capitalization. In the event case of any increase or decrease in the capital of the Company resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the shares or like change to the capital of the Company, the number of shares of common stock Common Stock issuable pursuant to the Consultant pursuant to Subsection 5(a) exercise of this Agreement the Option and the exercise price shall be proportionately adjustedadjusted as set forth in the Plan.

Appears in 1 contract

Samples: Stock Option Agreement (Nord Resources Corp)

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