Share Dividends and Splits. If after the Original Issue Date the number of outstanding shares of Common Stock is increased by a share dividend payable in Common Stock or by a split-up of Common Stock or other similar event, then, on the effective date thereof, the number of Warrant Shares issuable on exercise of this Warrant shall be increased in proportion to such increase in outstanding shares and the then applicable Exercise Price shall be correspondingly decreased.
Appears in 6 contracts
Samples: Warrant Agreement (Sebring Software, Inc.), Warrant Agreement (Sebring Software, Inc.), Warrant Agreement (Sebring Software, Inc.)
