Common use of Declaration of Stock Dividends Clause in Contracts

Declaration of Stock Dividends. If the Corporation issues a common stock dividend on the Corporation's common stock, the number of Shares that may be purchased by Holder thereafter will be adjusted as follows: To each of the unpurchased Shares, there will be added the number of Shares issued as a dividend on each Share of outstanding common stock; each of the Shares together with the additional Shares applicable to that Share will be bought as one unit for the price set out for each of the Shares in Paragraph 5.

Appears in 4 contracts

Samples: Common Stock Warrant (MIPSolutions, Inc.), Warrant Agreement (MIPSolutions, Inc.), Common Stock Warrant (Idglobal Corp)

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Declaration of Stock Dividends. If the Corporation issues a common stock dividend on the Corporation's ’s common stock, the number of Shares shares that may be purchased by Holder thereafter will be adjusted as follows: To to each of the unpurchased Sharesshares, there will be added the number of Shares shares issued as a dividend on each Share share of outstanding common stock; each of the Shares shares together with the additional Shares shares applicable to that Share share will be bought as one unit for the price set out for each of the Shares shares in Paragraph 52.

Appears in 2 contracts

Samples: Employment Agreement (Volitionrx LTD), Warrant Agreement (Volitionrx LTD)

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Declaration of Stock Dividends. If the Corporation issues a common stock dividend on the Corporation's common stock, the number of Shares shares that may be purchased by Holder thereafter will be adjusted as follows: To to each of the unpurchased Sharesshares, there will be added the number of Shares shares issued as a dividend on each Share share of outstanding common stock; each of the Shares shares together with the additional Shares shares applicable to that Share share will be bought as one unit for the price set out for each of the Shares shares in Paragraph 52.

Appears in 1 contract

Samples: Warrant Agreement (Volitionrx LTD)

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