Common use of RECEIPT OF DISTRIBUTIONS AND DIVIDENDS Clause in Contracts

RECEIPT OF DISTRIBUTIONS AND DIVIDENDS. During the term of the Escrow Period, if the Company issues any distributions, dividends, rights or other property with respect to the Common Stock, then, in such event, the Company shall be authorized to send evidence of such distributions, dividends, rights or other property directly to the Escrow Agent, which is hereby authorized to hold and retain possession of all such evidences of distributions, dividends, rights or other property until termination of the Escrow Period in accordance with Section 6 below. In the event the Escrow Shares are distributed to the Shareholders pursuant to Sections 6(a), 6(b), 6(c), 6(d), 6(e) or 6(f) below, then the Escrow Agent will distribute evidences of such distributions, dividends, rights, or other property in the form the Escrow Agent received such distributions, dividends, rights or other property from the Company. If the Company recapitalizes, splits or combines its shares, such shares shall be substituted, on a pro rata basis for the Escrow Shares. The Company will notify the Escrow Agent of the occurrence of the events listed in this section.

RECEIPT OF DISTRIBUTIONS AND DIVIDENDS. During the term of the Escrow Period, if the Company issues any distributions, dividends, rights or other property with respect to the Common Stock, then, in such event, the Company shall be authorized to send evidence of such distributions, dividends, rights or other property directly to the Escrow Agent, which is hereby authorized to hold and retain possession of all such evidences of distributions, dividends, rights or other property until termination of the Escrow Period in accordance with Section 6 below. In the event the Escrow Shares are distributed to the Shareholders pursuant to Sections 6(a), 6(b), 6(c), 6(d), 6(e) or 6(f6(d) below, then the Escrow Agent will distribute evidences of such distributions, dividends, rights, or other property in the form the Escrow Agent received such distributions, dividends, rights rights, or other property from the Company. If the Company recapitalizes, splits or combines its shares, such shares shall be substituted, substituted on a pro rata basis for the Escrow Shares. The Company will notify the Escrow Agent of the occurrence of the events listed in this section.

RECEIPT OF DISTRIBUTIONS AND DIVIDENDS. During the term of the Escrow Custody Period, if the Company issues any distributions, dividends, rights or other property with respect to the Common Stock, then, in such event, the Company shall be authorized to send evidence of such distributions, dividends, rights or other property directly to the Escrow AgentCustodian, which is hereby authorized to hold and retain possession of all such evidences of distributions, dividends, rights or other property until termination of the Escrow Custody Period in accordance with Section 6 below. In the event the Escrow Custodial Shares are distributed to the Shareholders pursuant to Sections 6(a), 6(b), 6(c), 6(d), 6(e), 6(f) or 6(f6(g) below, then the Escrow Agent Custodian will distribute evidences of such distributions, dividends, rights, or other property in the form the Escrow Agent Custodian received such distributions, dividends, rights or other property from the Company. If the Company recapitalizes, splits or combines its shares, such shares shall be substituted, on a pro rata basis for the Escrow Custodial Shares. The Company will notify the Escrow Agent Custodian of the occurrence of the events listed in this section.

RECEIPT OF DISTRIBUTIONS AND DIVIDENDS. During the term of the Escrow Period, if the Company issues any distributions, dividends, rights or other property with respect to the Common Stock, then, in such event, the Company shall be authorized to send evidence of such distributions, dividends, rights or other property directly to the Escrow Agent, which is hereby authorized to hold and retain possession of all such evidences of distributions, dividends, rights or other property until termination of the Escrow Period in accordance with Section 6 below. In the event At such time as the Escrow Shares are distributed to the Shareholders pursuant to Sections 6(a), 6(b), 6(c), 6(d), 6(e) or 6(f6(d) below, then the Escrow Agent will distribute evidences of such distributions, dividends, rights, or other property in the form the Escrow Agent received such distributions, dividends, rights rights, or other property from the Company. If the Company recapitalizes, splits or combines its shares, such shares shall be substituted, substituted on a pro rata basis for the Escrow Shares. The Company will notify the Escrow Agent of the occurrence of the events listed in this section.