Common use of Reclassification, Exchange and Substitution Clause in Contracts

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that the Holder would have been entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 20 contracts

Samples: Warrant Agreement (Legacy Education Alliance, Inc.), Securities Purchase Agreement (Cardax, Inc.), Securities Purchase Agreement (Cardax, Inc.)

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Reclassification, Exchange and Substitution. If the Common Stock Shares issuable upon exercise of this Warrant shall be changed into the same or a different number of shares securities of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that Shares which the Holder would have been become entitled to purchase but for such change, a the number of shares securities of such other class or classes of stock equivalent to the number of shares of Common Stock Shares that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 9 contracts

Samples: Warrant Agreement (Sanara MedTech Inc.), Warrant Agreement (Sanara MedTech Inc.), Warrant Agreement (Heart Test Laboratories, Inc.)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that the Holder holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder holder on exercise of this Warrant immediately before that change.

Appears in 7 contracts

Samples: Placement Agreement (Micro Media Solutions Inc), Warrant to Purchase Shares of Common Stock (Venturi Technologies Inc), Settlement Agreement (Msi Holdings Inc/)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a the number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 7 contracts

Samples: Warrant Agreement (Mobility Electronics Inc), Warrant Agreement (Mobility Electronics Inc), Warrant Agreement (Mobility Electronics Inc)

Reclassification, Exchange and Substitution. If the Common Stock Shares issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for in subsection 5.1 above), the Holder of this Warrant shall, on its exercise, be entitled shall represent the right to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a the number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change. In such an event, the Warrant Price shall be appropriately adjusted.

Appears in 4 contracts

Samples: Warrant Agreement (Mobility Electronics Inc), Warrant Agreement (Mobility Electronics Inc), Warrant Agreement (Mobility Electronics Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 3 contracts

Samples: Warrant Agreement (Xtera Communications, Inc.), Warrant Agreement (First Federal Bancshares of Arkansas Inc), Warrant Agreement (First Federal Bancshares of Arkansas Inc)

Reclassification, Exchange and Substitution. If the Common Warrant Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Warrant Stock that the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Warrant Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Koffee Korner Inc.), Merger Agreement (Koffee Korner Inc.)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other series or class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate considerationpurchase, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a number of shares of such other series or class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 2 contracts

Samples: Warrant Agreement (Chaparral Network Storage Inc), Integrated Circuit Agreement (Chaparral Network Storage Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or other otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 2 contracts

Samples: Warrant Agreement (Quality Care Solutions Inc), Warrant Agreement (Quality Care Solutions Inc)

Reclassification, Exchange and Substitution. If the Common Stock ------------------------------------------- issuable upon on exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), then the Holder holder of this Warrant shall, on upon its exercise, be entitled to purchase for the same aggregate considerationreceive, in lieu of the Common Stock that the Holder holder would have been become entitled to purchase receive but for such change, a that number of shares of such other class or classes of stock that is equivalent to the number of shares of Common Stock that would have been subject to purchase receipt by the Holder holder on exercise of this Warrant immediately before prior to that change.

Appears in 2 contracts

Samples: Stock Purchase Warrant (Catalytica Inc), Stock Purchase Warrant (Catalytica Energy Systems Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 1 contract

Samples: Warrant Agreement (International Displayworks Inc)

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Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 1 contract

Samples: Warrant to Purchase Shares of Common Stock (Perma-Tune Electronics Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon on exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), then the Holder of this Warrant shall, on upon its exercise, be entitled to purchase for the same aggregate considerationreceive, in lieu of the Common Stock that which the Holder would have been become entitled to purchase receive but for such change, a that number of shares of such other class or classes of stock which is equivalent to the number of shares of Common Stock that would have been subject to purchase receipt by the Holder on exercise of this Warrant immediately before prior to that change.

Appears in 1 contract

Samples: Warrant Agreement (TRX Inc/Ga)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, reclassification or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that the Holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 1 contract

Samples: Warrant Agreement (International Displayworks Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganizationrecapitalization, reclassification, reclassification or otherwise (other than a subdivision or combination of shares shares, stock dividend, reorganization, merger, consolidation or sale of assets as provided for aboveelsewhere in this Section 5), then the Holder shall have the right thereafter to receive, upon exercise of this Warrant shallWarrant, on its exercise, be entitled to purchase for the same aggregate considerationamount and kind of securities, in lieu of the Common Stock that the Holder cash or property as it would have been entitled to purchase but for such change, a number of shares receive upon the occurrence of such other class or classes transaction if it had been, immediately prior to such transaction, the holder of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on then issuable upon exercise in full of this Warrant immediately before that changeWarrant.

Appears in 1 contract

Samples: Stock Purchase Warrant (James River Group, INC)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a the number of shares of such other class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that change.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (CNH Holdings Co)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other series or class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above), the Holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate considerationpurchase, in lieu of the Common Stock that which the Holder would have been become entitled to purchase but for such change, a number of shares of such other series or class or classes of stock equivalent to the number of shares of Common Stock that would have been subject to purchase by the Holder on exercise of this Warrant immediately before that the change.

Appears in 1 contract

Samples: Warrant Agreement (Valence Technology Inc)

Reclassification, Exchange and Substitution. If the Common Stock issuable upon exercise of this Warrant shall be changed into the same or a different number of shares of any other class or classes of stocksecurities, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination or payment of shares dividend of securities provided for above), the Holder holder of this Warrant shall, on its exercise, be entitled to purchase for the same aggregate consideration, in lieu of the Common Stock that which the Holder holder would have been become entitled to purchase but for such change, a number of shares of such other class or classes of stock equivalent securities which such holder would have been entitled to receive as the holder of that number of shares of Common Stock that would have been subject to purchase by the Holder holder on exercise of this Warrant immediately before that change.

Appears in 1 contract

Samples: Warrant Agreement (Aremissoft Corp /De/)

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