Dividends and Distributions on Shares. The Director and the Company acknowledge and agrees that: (i) all dividends or distributions arising from or attaching to the Escrow Shares; and (ii) any share representing stock dividends or distributions in respect of the Escrow Shares or resulting from a split, revision or reclassification of the Escrow Shares, or received in exchange for the Escrow Shares as a result of an amalgamation or merger; shall be pledged or deposited with the Escrow Agent hereunder and shall be paid or released only in accordance with the provisions of above Article 3.
Appears in 4 contracts
Samples: Director Services Agreement, Director's Agreement (Neurokine Pharmaceuticals Inc.), Director's Agreement (Neurokine Pharmaceuticals Inc.)
Dividends and Distributions on Shares. The Director Consultant and the Company acknowledge and agrees that:
(i) all dividends or distributions arising from or attaching to the Escrow Shares; and
(ii) any share representing stock dividends or distributions in respect of the Escrow Shares or resulting from a split, revision or reclassification of the Escrow Shares, or received in exchange for the Escrow Shares as a result of an amalgamation or merger; shall be pledged or deposited with the Escrow Agent hereunder and shall be paid or released only in accordance with the provisions of above Article 3.
Appears in 1 contract
Samples: Consulting Agreement (Neurokine Pharmaceuticals Inc.)
