Common use of Dividend Payable in Stock of Another Corporation, Etc Clause in Contracts

Dividend Payable in Stock of Another Corporation, Etc. If the Company shall at any time pay or make any dividend or other distribution upon the Common Stock payable in securities or other property (except money or Common Stock), a proportionate part of such securities or other property shall be set aside and delivered to the Optionee upon exercise hereof.

Appears in 37 contracts

Samples: Stock Option Agreement (Augme Technologies, Inc.), Stock Option Agreement (Augme Technologies, Inc.), Stock Option Agreement (Augme Technologies, Inc.)

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Dividend Payable in Stock of Another Corporation, Etc. If the Company shall at any time pay or make any dividend or other distribution upon the Common Stock payable in securities or other property (except money or Common Stock), a proportionate part of such securities or other property shall be set aside and delivered to the Optionee Warrant Holder upon exercise hereof.

Appears in 5 contracts

Samples: Warrant Agreement (I2 Telecom International Inc), Warrant Agreement (Verso Technologies Inc), Warrant Agreement (Verso Technologies Inc)

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