Common use of Adjustment of Number of Granted Clause in Contracts

Adjustment of Number of Granted. Shares (1) In the event that the Corporation conducts a stock split (including free distribution of shares (musho-wariate)) or consolidation of the Common Stock, the Number of Granted Shares shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before adjustment x Ratio of split or consolidation

Appears in 2 contracts

Samples: Stock Acquisition Rights Agreement (Sony Corp), Stock Acquisition Rights Agreement (Sony Corp)

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Adjustment of Number of Granted. Shares (1) In the event that the Corporation Company conducts a stock split (including free distribution of shares (kabushiki-musho-wariate)) or consolidation of the Common StockShares, the Number of Granted Shares shall be adjusted in accordance with the following formula: Number of Granted Shares after adjustment = Number of Granted Shares before adjustment x Ratio of split or consolidation

Appears in 2 contracts

Samples: Purchase Warrant Agreement (Pixie Dust Technologies, Inc.), Purchase Warrant Agreement (Pixie Dust Technologies, Inc.)

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