Common use of Adjustment to Subject Shares Clause in Contracts

Adjustment to Subject Shares. In case of a stock dividend or distribution, or any change in the Pi Preferred Stock by reason of any stock dividend or distribution, split-up, recapitalization, combination, exchange of shares or the like, the term “Subject Shares,” as used with respect to such Shareholder, shall be deemed to refer to and include such Shareholder’s Subject Shares as well as all such stock dividends and distributions and any securities into which or for which any or all of such Shareholder’s Subject Shares may be changed or exchanged or which are received in such transaction.

Appears in 4 contracts

Samples: Support Agreement (Penn Virginia Corp), Support Agreement (Lonestar Resources US Inc.), Support Agreement (Penn Virginia Corp)

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