Common use of Adjustment for Stock Splits, Stock Dividends, etc Clause in Contracts

Adjustment for Stock Splits, Stock Dividends, etc. (i) If from time to time during the term of the Right of Repurchase there is any stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Founder is entitled by reason of his or her ownership of Restricted Stock shall be automatically subject to the Right of Repurchase, the restrictions on transfer and the other provisions of this Agreement in the same manner and to the same extent as the shares of Restricted Stock, and the Repurchase Price, number of shares of Restricted Stock, and vesting schedule shall be appropriately adjusted. (ii) If the shares of Restricted Stock are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation or other property (including cash), or pursuant to any merger or consolidation of the Company or acquisition of its assets, then the rights of the Company under this Agreement shall apply to the securities or other property received upon such conversion, exchange, distribution, merger or consolidation in the same manner and to the same extent as the Restricted Stock.

Adjustment for Stock Splits, Stock Dividends, etc. (i) If from time to time during the term of the Right of Repurchase there is any stock split-up, stock dividend, stock distribution or other reclassification of the Common Stock of the Company, any and all new, substituted or additional securities to which the Founder is entitled by reason of his or her ownership of Restricted Stock shall be automatically subject to the Right of Repurchase, the restrictions on transfer and the other provisions of this Agreement in the same manner and to the same extent as the shares of Restricted Stock, and the Repurchase Price, number of shares of Restricted Stock, and vesting schedule shall be appropriately adjusted. (ii) If the shares of Restricted Stock are converted into or exchanged for, or stockholders of the Company receive by reason of any distribution in total or partial liquidation, securities of another corporation or other property (including cash), or pursuant to any merger or consolidation of the Company or acquisition of its assets, then the rights of the Company under this Agreement shall apply to the securities or other property received upon such conversion, exchange, distribution, merger or consolidation in the same manner and to the same extent as the Restricted Stock.