Adjustment to Prevent Dilution. In the event of any change in the Company’s capital stock by reason of any stock dividend, split-up, reclassification, recapitalization, combination, exchange or similar occurrence, the term “Option Shares” shall be deemed to refer to and include the Option Shares as well as all such stock dividends and distributions and any shares into which or for which any or all of the Option Shares may be changed or exchanged.
Appears in 4 contracts
Samples: Stock Purchase and Option Agreement, Stock Purchase and Option Agreement (Legacy Education Alliance, Inc.), Stock Purchase and Option Agreement (Legacy Education Alliance, Inc.)
