Common use of Adjustments of Exercise Price Clause in Contracts

Adjustments of Exercise Price. If the outstanding Shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, subsequent to the Issue Date, the Exercise Price shall be proportionately increased. If the outstanding Shares are divided, by reclassification or otherwise, into a greater number of shares, the Exercise Price shall be proportionately decreased.

Appears in 4 contracts

Samples: Warrant Agreement (Republic Financial Indemnity Group, Inc.), Zynga Inc, Zynga Inc

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Adjustments of Exercise Price. If the outstanding Shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, subsequent to the Issue Date, the Exercise Price shall be proportionately increased. If the outstanding Shares are divided, by reclassification or otherwise, into a greater number of shares, the Exercise Price shall be proportionately decreased.

Appears in 4 contracts

Samples: Security Agreement (Enphase Energy, Inc.), Security Agreement (Enphase Energy, Inc.), Enphase Energy, Inc.

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Adjustments of Exercise Price. If If, subsequent to the Issue Date, the outstanding Shares shares of Common Stock of the Company are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, subsequent to shares of Common Stock of the Issue DateCompany, the Exercise Price shall be proportionately increased. If the outstanding Shares shares of Common Stock of the Company are divided, by reclassification or otherwise, into a greater number of sharesshares of Common Stock of the Company, the Exercise Price shall be proportionately decreased.

Appears in 1 contract

Samples: SmartRent, Inc.

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