Common use of Automatic Adjustments Clause in Contracts

Automatic Adjustments. In the event that the number of shares of Common Stock is changed into a different number of shares of any class or classes of stock, whether by subdivision, split, recapitalization, reclassification, exchange, substitution of otherwise, all references herein to numbers of shares of Common Stock (or Restricted Securities) and per share prices of stock shall be appropriately adjusted.

Appears in 3 contracts

Samples: Investor Rights Agreement (Healthaxis Inc), Investor Rights Agreement (Healthaxis Inc), Investor Rights Agreement (Tak Sharad Kumar)

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Automatic Adjustments. In the event that the number of shares of Common Stock issuable upon the conversion of the Preferred Stock is changed into a different number of shares of any class or classes of stock, whether by subdivision, split, recapitalization, reclassification, exchange, substitution of otherwise, all references herein to numbers of shares of Common Stock (or Restricted SecuritiesCommon Equivalents) and per share prices of stock shall be appropriately adjusted.

Appears in 1 contract

Samples: Investor Rights Agreement (Healthaxis Inc)

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