Common use of Liquidation Multiple Clause in Contracts

Liquidation Multiple. If the Corporation shall at any time after the Rights Declaration Date pay any dividend on Common Stock payable in shares of Common Stock or effect a subdivision or split or combination, consolidation or reverse stock split of the outstanding shares of Common Stock (by reclassification or otherwise) into a greater or lesser number of shares of Common Stock, then in each such case the Liquidation Multiple thereafter applicable to the determination of the amount to which holders of shares of Series B Preferred Stock shall be entitled to receive after such event shall be the Liquidation Multiple immediately prior to such event multiplied by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

Liquidation Multiple. If In the event the Corporation shall at any time after the Rights Declaration Date August 16, 1999 declare or pay any dividend on Common Stock payable in shares of Common Stock Stock, or effect a subdivision or split or a combination, consolidation or reverse stock split of the outstanding shares of Common Stock (by reclassification or otherwise) into a greater or lesser number of shares of Common Stock, then then, in each such case case, the Liquidation Multiple thereafter applicable to the determination of the amount Participating Liquidation Amount to which holders of shares of Series B S Preferred Stock shall be entitled to receive after such event shall be the Liquidation Multiple applicable immediately prior to such event multiplied by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

Liquidation Multiple. If In the Corporation event the Company shall at any time after the Rights Declaration Date January 9, 1996 declare or pay any dividend on Common Stock payable in shares of Common Stock Stock, or effect a subdivision or split or a combination, consolidation or reverse stock split of the outstanding shares of Common Stock (by reclassification or otherwise) into a greater or lesser number of shares of Common Stock, then then, in each such case case, the Liquidation Multiple thereafter applicable to the determination of the amount Participating Liquidation Amount to which holders of shares of Series B A Preferred Stock shall be entitled to receive after such event shall be the Liquidation Multiple applicable immediately prior to such event multiplied by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event. Except as provided in this paragraph 6(a), holders of Series A Preferred Stock shall not be entitled to any distribution in the event of liquidation, dissolution or winding up of the Company.

Liquidation Multiple. If In the event the Corporation shall at any time after the Rights Declaration Date date shares of Common Stock are first publicly held declare or pay any dividend on Common Stock payable in shares of Common Stock Stock, or effect a subdivision or split or a combination, consolidation or reverse stock split of the outstanding shares of Common Stock (by reclassification or otherwise) into a greater or lesser number of shares of Common Stock, then then, in each such case case, the Liquidation Multiple thereafter applicable to the determination of the amount Participating Liquidation Amount to which holders of shares of Series B A Preferred Stock shall be entitled to receive after such event shall be the Liquidation Multiple applicable immediately prior to such event multiplied by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.