Common use of Increase or Decrease in Number of Shares Clause in Contracts

Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust Certificates representing the appropriate changed number of Shares shall be issued to Holders upon surrender of the then existing Trust Certificates.

Appears in 3 contracts

Samples: Voting Trust Agreement (Wells Fargo & Co/Mn), Voting Trust Agreement (Credit Suisse/), Voting Trust Agreement (Commvault Systems Inc)

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Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust Certificates representing the appropriate changed number of Trust Shares shall be issued to Holders upon surrender of the then existing Trust Certificates.

Appears in 2 contracts

Samples: Voting Trust Agreement, Voting Trust Agreement (Cytokinetics Inc)

Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation Company receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust Certificates representing the appropriate changed number of Shares shall be issued to Holders upon surrender of the then existing Trust Certificates.

Appears in 2 contracts

Samples: Voting Trust Agreement (Wells Fargo & Co/Mn), Voting Trust Agreement (Rockwood Holdings, Inc.)

Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust I Certificates representing the appropriate changed number of Shares shall be issued to Holders upon surrender of the then existing Trust I Certificates.

Appears in 1 contract

Samples: Voting Trust I Agreement (Txu Corp /Tx/)

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Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust II Certificates representing the appropriate changed number of Shares shall be issued to Holders upon surrender of the then existing Trust II Certificates.

Appears in 1 contract

Samples: Voting Trust Ii Agreement (Txu Corp /Tx/)

Increase or Decrease in Number of Shares. In the event of an increase in the number of Shares by virtue of a stock split or the decrease in the number of Shares because of a contraction of Shares shares or a change in the number of outstanding Shares as a result of some other recapitalization in which the Corporation receives no consideration for the issuance of the additional or reduced number of Shares, the new additional or changed number of Shares shall be held by the Trustee and new Trust Certificates representing the appropriate changed number of Shares shall be issued to Holders upon surrender of the then existing Trust Certificates.

Appears in 1 contract

Samples: Voting Trust Agreement (Deltagen Inc)

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