Common use of Adjustment of the Exercise Price and Number of Option Shares Clause in Contracts

Adjustment of the Exercise Price and Number of Option Shares. In the event of any change in the Company's Common Stock by reason of a reverse stock split, the number and Option Price of the shares subject to this Option shall not change or be adjusted.

Appears in 6 contracts

Samples: Option Agreement (Oasis Resorts International Inc /Nv), 6 Option Agreement (Hart Industries Inc), Advisory and Management Agreement (Newcom International Inc)

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Adjustment of the Exercise Price and Number of Option Shares. In the event of any change in the Company's Common Stock by reason of a reverse stock split, neither the number and nor the Option Price of the shares subject to this Option shall not change be changed or be adjusted.

Appears in 4 contracts

Samples: Option Agreement (Hartcourt Companies Inc), Option Agreement (Hartcourt Companies Inc), Option Agreement (Hartcourt Companies Inc)

Adjustment of the Exercise Price and Number of Option Shares. In the event of any change in the Company's Common Stock common stock by reason of a reverse stock split, neither the number and nor the Option Price of the shares subject to this Option shall not change be changed or be adjusted.

Appears in 1 contract

Samples: Option Agreement (Hart Industries Inc)

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Adjustment of the Exercise Price and Number of Option Shares. In the ------------------------------------------------------------- event of any change in the Company's Common Stock by reason of a reverse stock split, neither the number and nor the Option Price of the shares subject to this Option shall not change be changed or be adjusted.

Appears in 1 contract

Samples: Option Agreement With Tang Wai (Elephant Talk Communications Inc)

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