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, neither the number nor the Option Price of the shares subject to this Option shall be changed or be adjusted.

Appears in 4 contracts

Samples: Option Agreement (Hartcourt Companies Inc), Fee Agreement for Introduction Services (Hartcourt Companies Inc), Fee Agreement for Introduction Services (Hartcourt Companies 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 nor the Option Price of the shares subject to this Option shall be changed or be adjusted.

Appears in 1 contract

Samples: Option Agreement (Elephant Talk Communications 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 common stock by reason of a reverse stock split, neither the number nor the Option Price of the shares subject to this Option shall be changed or be adjusted.

Appears in 1 contract

Samples: Option Agreement (Hart Industries Inc)

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