Common use of Adjustments for Combinations of Common Stock Clause in Contracts

Adjustments for Combinations of Common Stock. If the number of shares of Common Stock outstanding at any time after the filing of this Amended and Restated Certificate of Incorporation is decreased by a combination of the outstanding shares of Common Stock without a corresponding decrease in the number of shares of Series A Preferred Stock outstanding, then, effective at the close of business upon the record date of such combination, the Series A Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A Preferred Stock shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

Appears in 2 contracts

Samples: Joint Venture Agreement (Winwin Gaming Inc), Joint Venture Agreement (Winwin Gaming Inc)

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Adjustments for Combinations of Common Stock. If the number of -------------------------------------------- shares of Common Stock outstanding at any time after the filing of this Amended and Restated Certificate of Incorporation Designation is decreased by a combination of the outstanding shares of Common Stock without a corresponding decrease in the number of shares of Series A Preferred Stock outstandingStock, then, effective at the close of business upon the record date of such combination, the Series A Conversion Price for the Series B Preferred Stock shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A B Preferred Stock shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

Appears in 1 contract

Samples: Registration Rights Agreement (Oxis International Inc)

Adjustments for Combinations of Common Stock. If the number of shares of Common Stock outstanding at any time after the filing of this Amended and Restated Certificate of Incorporation Designation is decreased by a combination of the outstanding shares of Common Stock without a corresponding decrease in the number of shares of Series A Preferred Stock outstandingStock, then, effective at the close of business upon the record date of such combination, the Series A C Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A C Preferred Stock shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

Appears in 1 contract

Samples: Exhibit 99 (Oxis International Inc)

Adjustments for Combinations of Common Stock. If the number of shares of Common Stock outstanding at any time after the filing of this Amended and Restated Certificate of Incorporation Designation is decreased by a combination of the outstanding shares of Common Stock without a corresponding decrease in the number of shares of Series A A-1 Preferred Stock outstanding, then, effective at the close of business upon the record date of such combination, the Series A A-1 Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A A-1 Preferred Stock shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

Appears in 1 contract

Samples: Joint Venture Agreement (Winwin Gaming Inc)

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Adjustments for Combinations of Common Stock. If the number of shares of Common Stock outstanding at any time after the filing of this Amended and Restated Certificate of Incorporation is decreased by a combination of the outstanding shares of Common Stock without a corresponding decrease in the number of shares of Series A Preferred Stock outstandingStock, then, effective at the close of business upon the record date of such combination, the Series A Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of each share of Series A Preferred Stock shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

Appears in 1 contract

Samples: Employment Agreement (Access Beyond Inc)

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