Common use of Adjustment to Share Amounts; Dividends Clause in Contracts

Adjustment to Share Amounts; Dividends. 1.3.1. If at any time prior to the Closing the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, split or reclassification of the Founder Shares or other similar event, then, as of the effective date of such consolidation, combination, split, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Founder Shares. 1.3.2. If at any time prior to the Closing any dividends or distributions are paid on the Founder Shares, (i) effective as of the Closing the Sponsor hereby forfeits all rights to receive such dividends or other distributions with respect to the Forfeited Shares and (ii) the Investor shall be issued such dividends or other distributions that Investor would have received if Investor had held a number of Founder Shares equal to the Forfeited Shares immediately prior to such event. 1.3.3. If at any time prior to the Closing there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving Altitude in which Altitude’s Common Stock is converted into or exchanged for securities, cash or other property then, following any such reorganization, recapitalization, reclassification or merger, in lieu of the New Shares, the Company shall issue to the Investor in lieu of the New Shares the kind and amount of securities, cash or other property receivable upon such reclassification, reorganization, merger or consolidation, that Investor would have received if Investor had held the New Shares immediately prior to such event.

Adjustment to Share Amounts; Dividends. 1.3.1. If If, at any time prior to the Closing Closing, the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, split split, or reclassification of the Founder Shares or other similar event, then, as of the effective date of such consolidation, combination, split, reclassification reclassification, or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Founder Shares. 1.3.2. If If, at any time prior to the Closing Closing, any dividends or distributions are paid on the Founder Shares, (i) effective as of the Closing Closing, the Sponsor hereby forfeits all rights to receive such dividends or other distributions with respect to the Forfeited Shares and (ii) the Investor shall be issued such dividends or other distributions that Investor would have received if Investor had held a number of Founder Shares equal to the Forfeited Shares immediately prior to such event. 1.3.3. If If, at any time prior to the Closing Closing, there shall occur any reorganization, recapitalization, reclassification, consolidation consolidation, or merger involving Altitude ARRW in which AltitudeARRW’s Common Stock is converted into or exchanged for securities, cash cash, or other property property, then, following any such reorganization, recapitalization, reclassification reclassification, or merger, in lieu of the New Shares, the Company shall issue to the Investor in lieu of the New Shares the kind and amount of securities, cash cash, or other property receivable upon such reclassification, reorganization, merger merger, or consolidation, that Investor would have received if Investor had held the New Shares immediately prior to such event.

Adjustment to Share Amounts; Dividends. 1.3.1. If If, at any time prior to the Closing Closing, the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, split split, or reclassification of the Founder Shares or other similar event, then, as of the effective date of such consolidation, combination, split, reclassification reclassification, or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Founder Shares. 1.3.2. If If, at any time prior to the Closing Closing, any dividends or distributions are paid on the Founder Shares, (i) effective as of the Closing Closing, the Sponsor hereby forfeits all rights to receive such dividends or other distributions with respect to the Forfeited Shares and (ii) the Investor shall be issued such dividends or other distributions that Investor would have received if Investor had held a number of Founder Shares equal to the Forfeited Shares immediately prior to such event. 1.3.3. If If, at any time prior to the Closing Closing, there shall occur any reorganization, recapitalization, reclassification, consolidation consolidation, or merger involving Altitude VHAQ in which Altitude’s VHAQ’S Common Stock is converted into or exchanged for securities, cash cash, or other property property, then, following any such reorganization, recapitalization, reclassification reclassification, or merger, in lieu of the New Shares, the Company shall issue to the Investor in lieu of the New Shares the kind and amount of securities, cash cash, or other property receivable upon such reclassification, reorganization, merger merger, or consolidation, that Investor would have received if Investor had held the New Shares immediately prior to such event.

Adjustment to Share Amounts; Dividends. 1.3.1. If at any time prior to the Closing the number of outstanding Founder Shares is increased or decreased by a consolidation, combination, split or reclassification of the Founder Shares or other similar event, then, as of the effective date of such consolidation, combination, split, reclassification or similar event, all share numbers referenced in this Agreement shall be adjusted in proportion to such increase or decrease in the Founder Shares. 1.3.2. If at any time prior to the Closing any dividends or distributions are paid on the Founder Shares, (i) effective as of the Closing the Sponsor Insider hereby forfeits all rights to receive such dividends or other distributions with respect to the Forfeited Shares and (ii) the Investor shall be issued such dividends or other distributions that Investor would have received if Investor had held a number of Founder Shares equal to the Forfeited Shares immediately prior to such event. 1.3.3. If at any time prior to the Closing there shall occur any reorganization, recapitalization, reclassification, consolidation or merger involving Altitude MITA in which AltitudeMITA’s Common Stock is Ordinary Shares are converted into or exchanged for securities, cash or other property then, following any such reorganization, recapitalization, reclassification or merger, in lieu of the New Shares, the Company shall issue to the Investor in lieu of the New Shares the kind and amount of securities, cash or other property receivable upon such reclassification, reorganization, merger or consolidation, that Investor would have received if Investor had held the New Shares immediately prior to such event.