Common use of Adjustment for Share Splits and Combinations Clause in Contracts

Adjustment for Share Splits and Combinations. If the Corporation at any time or from time to time effects a subdivision of its outstanding shares of Common Stock, the number of shares of Common Stock issuable upon exercise of this Warrant immediately before the subdivision shall be proportionately increased, and conversely, if the Corporation at any time or from time to time combines the outstanding shares of Common Stock, the number of shares of Common Stock issuable upon exercise of this Warrant immediately before the combination shall be proportionately decreased. Any adjustment under this Section 6.1 shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Topspin Medical Inc), Stock Purchase Agreement (Topspin Medical Inc), Topspin Medical Inc

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