Stock Adjustment. If there is any change in the number of issued and outstanding shares of Common Stock by reason of any stock split, stock dividend, recapitalization or other similar transaction, then the number of shares of Common Stock subject to the Options and the Exercise Price shall be proportionately adjusted.
Stock Adjustment. In the event of any change in Common Stock of the Corporation, by reason of a stock split, stock dividend, recapitalization, exchange of shares, or other transaction, the number of shares remaining subject to the option and the option price per share shall be appropriately adjusted by the Board of Directors.
Stock Adjustment. In the event that during the term of this Pledge Agreement any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company, all new, substituted and additional shares or other securities issued by reason of any such changes in the Collateral shall be held by the Company under the terms of this Pledge Agreement in the same manner as the Shares originally transferred hereunder.
Stock Adjustment. If the aggregate number of shares of Parent Common Stock to be issued in connection with the Merger (including all shares of Parent Common Stock which may be issued after the Effective Time pursuant to Company Compensatory Awards) would exceed nineteen and nine tenths percent (19.9%) of the issued and outstanding shares of Parent Common Stock immediately prior to the Effective Time (the “Stock Threshold”), (A) the Exchange Ratio shall be reduced to the minimum extent necessary (rounded down to the nearest one thousandth) such that the aggregate number of shares of Parent Common Stock to be issued in connection with the Merger (including all shares of Parent Common Stock which may be issued after the Effective Time pursuant to Company Compensatory Awards) does not exceed the Stock Threshold and (B) the Cash Consideration for all purposes under this Agreement will be increased on a per share basis by an amount equal to $68.975 (the closing price of Parent Common Stock on March 9, 2018), multiplied by the difference between the initial Exchange Ratio and the Exchange Ratio as determined in accordance with this Section 2.7(e) (rounded down to the nearest one-hundredth of a cent).
Stock Adjustment. If, on the date the registration statement described in Paragraph 4.2 becomes effective (the "Registration Date"), the average of the reported closing bid and asked prices (the "Effective Price") for the stock described in Paragraph 6.3.6 is less than TWO AND 78/100 ($2.78) DOLLARS per share, the difference in value shall be accounted for by Buyer to Sellers either by (i) the payment of cash equal to the difference or (ii) the delivery to Sellers of the number of shares of the $0.10 par value common stock of Buyer with an aggregate Effective Price on the Registration Date equal to such difference. The method by which Buyer accounts to Sellers shall be within the sole discretion of Buyer. If Buyer elects to deliver additional shares, Buyer shall register those shares for resale at the time the next registration statement for securities of Buyer is filed by Buyer with the Securities Exchange Commission.
Stock Adjustment. Annual obsolescence stock return for filter product will be allowed in the amount of *** of the previous year’s purchases. No handling charge will be assessed for goods in salable condition. Salable condition is defined as packaging that is clean and free of all pricing stickers, marks, scratches, and in good physical condition.
Stock Adjustment. If the Market Price on the Anniversary Date (defined below) is less than $6.0896, then Lasermedics shall, within on or before December 1, 1997, cause to be issued in the name of and delivered to the Shareholders, as requested in writing, that number of Lasermedics Shares (the "Additional Shares") equal to the difference between (i) the number of Lasermedics Shares determined by dividing $500,000 by the Market Price of the Lasermedics Common Stock on the Anniversary Date and (ii) the number of Lasermedics Shares issued on the Effective Date. The term "Market Price on the Anniversary Date" means, the average of the closing per share price of Lasermedics Common Stock on each of the 30 trading days immediately preceding the one-year anniversary of the Effective Date (the "Anniversary Date") as reported on (i) the principal securities exchange on which the Lasermedics Common Stock is listed or admitted to trading, or (ii) if not so listed or admitted to trading on any securities exchange, the Nasdaq National Market or the Nasdaq SmallCap Market System, as applicable, or (iii) if not listed on such system, on the over-the-counter market by any NASD member firm selected by Lasermedics; PROVIDED, HOWEVER, that the Market Price on the Anniversary Date shall not be less than $4.50 or more than $7.50.
Stock Adjustment. Without limiting Section 5.08 and subject thereto, if, after the date of this Agreement and prior to the Closing Date, Parent is recapitalized or reclassified or Parent effects any stock dividend, stock split, or reverse stock split or otherwise effects any transaction that changes its common stock into any other securities, then the NCM Shares to be delivered to Company Member under this Agreement will be appropriately and equitably adjusted to the kind and amount of shares of stock and other securities and property which the Company Member would have been entitled to receive had the shares comprising the NCM Shares been issued and outstanding as of the record date for determining stock holders entitled to participate in such corporate event.
Stock Adjustment. In the event the last reported sales price ---------------- for Parent Common Stock as reported by Nasdaq on the trading day immediately preceding the Closing Date is less than $5.93, then, subject to the termination rights set forth in Sections 10.1(f), 10.1(g) and 10.1(h) hereof, the aggregate number of shares of Parent Common Stock to be issued to the Shareholders in connection herewith shall be increased by a number of shares necessary so that the aggregate value of such shares, based on the last reported sales price per share as reported by Nasdaq on the trading day immediately preceding the Closing Date, shall equal Eight Million Dollars ($8,000,000), provided that the maximum number of additional shares shall not exceed 41,305. Any increased number of shares will be allocated to the Shareholders pursuant to the cash election and allocation procedures set forth in Schedule 1.1.
Stock Adjustment. Supplier shall accept a return of any Products that are declared “obsolete” by Supplier. Such return shall occur no less often than once per year and shall include any items declared “obsolete” by Supplier or by Supplier’s predecessor. *** Supplier shall accept a return of any of Customer’s inventory where the Supplier’s provided Product is not an exact duplicate of the preceding supplier and Customer shall purchase replacement Product for such items from Supplier. *** Supplier shall accept a return of any remaining inventory that was purchased from the preceding supplier. All returns contemplated in this Section 13 shall be reimbursed to Customer at the Customer’s then average cost per item, and a credit shall be issued in full to Customer ***, Section 12 not withstanding.
