Common use of Dividends, Splits, Etc Clause in Contracts

Dividends, Splits, Etc. If the Company declares or pays a dividend on the Shares payable in securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company subdivides the Shares by reclassification or otherwise into a greater number of shares or takes any other action which increase the amount of securities into which the Shares are convertible, the number of shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased.

Dividends, Splits, Etc. If the Company declares or pays a dividend on the Shares Units payable in securities, then upon exercise of this Warrant, for each Share Unit acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares Units of record as of the date the dividend occurred. If the Company subdivides the Shares Units by reclassification or otherwise into a greater number of shares units or takes any other action which increase the amount of securities ssecurities into which the Shares Units are convertible, the number of shares units purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares units are combined or consolidated, by reclassification or otherwise, into a lesser number of sharesunits, the Warrant Price shall be proportionately increased and the number of Shares Units shall be proportionately decreased.