Common use of Reorganizations, Recapitalizations, Reclassifications or Similar Events Clause in Contracts

Reorganizations, Recapitalizations, Reclassifications or Similar Events. If the Common Stock shall be changed into the same or a different number of shares of any other class or classes of stock or other securities or property, whether by capital reorganization, recapitalization, reclassification or otherwise, then each share of Class A-1 Preferred Stock shall thereafter be convertible into the number of shares of stock or other securities or property to which a holder of the number of shares of Common Stock of the Corporation deliverable upon conversion of such shares of Class A-1 Preferred Stock shall have been entitled upon such reorganization, recapitalization, reclassification, merger, consolidation or other event.

Appears in 6 contracts

Samples: Conversion Agreement (Small World Kids Inc), Conversion Agreement (Small World Kids Inc), Conversion Agreement (Small World Kids Inc)

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