Adjustment of release calculation. On a consolidation, subdivision, amalgamation or reclassification of the issuer's shares, the release calculation must be adjusted so that the proportion of the outstanding performance shares available for release is unaffected by the consolidation, subdivision, amalgamation or reclassification.
Appears in 7 contracts
Samples: Escrow Agreement (Pacific Rodera Ventures Inc), Escrow Agreement (Response Biomedical Corp), Agreement (Air Packaging Technologies Inc)
Adjustment of release calculation. On a consolidation, subdivision, amalgamation or reclassification of the issuer's shares, the release calculation must be adjusted so that the proportion of the outstanding performance shares available for release is unaffected by the consolidation, subdivision, amalgamation or reclassificationreclassification .
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