Common use of Stock Adjustments Clause in Contracts

Stock Adjustments. In the event that, during the term of this 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 with respect to the Pledged Shares by reason of any such change shall be delivered to and held by the Pledgeholder for the benefit of the Secured Parties under the terms of this Agreement in the same manner as the Pledged Shares.

Appears in 5 contracts

Samples: Stock Pledge Agreement (United Heritage Corp), Stock Pledge Agreement (United Heritage Corp), Stock Pledge Agreement (United Heritage Corp)

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Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the Companyissuing corporation, all new, substituted and additional shares or other securities issued with respect to the Pledged Shares Stock by reason of any such change shall be delivered to and held by the Pledgeholder for the benefit of the Secured Parties Pledgee under the terms of this Agreement in the same manner as the Pledged SharesStock.

Appears in 5 contracts

Samples: Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company), Common Stock Purchase Agreement (Nuway Energy Inc)

Stock Adjustments. In the event that, during the term of this Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the Companyissuing corporation, all new, substituted and additional shares or other securities issued with respect to the Pledged Shares Stock by reason of any such change shall be delivered to and held by the Pledgeholder for the benefit of the Secured Parties Pledgee under the terms of this Agreement in the same manner as the Pledged SharesStock.

Appears in 3 contracts

Samples: Document Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company)

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the Companyissuing corporation, all new, new substituted and additional shares or other securities issued with respect to the Pledged Shares Stock by reason of any such change shall be delivered to Pledgeholder and held by the Pledgeholder for the benefit of the Secured Parties under the terms of this Agreement in the same manner as the Pledged SharesStock.

Appears in 2 contracts

Samples: Stock Pledge (Staar Surgical Company), Stock Pledge (Staar Surgical Company)

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Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the Companyissuing corporation, all new, new substituted and additional shares or other securities issued with respect to the Pledged Shares Stock by reason of any such change shall be delivered to and held by the Pledgeholder for the benefit of the Secured Parties under the terms of this Agreement in the same manner as the Pledged SharesStock.

Appears in 1 contract

Samples: Stock Pledge (Staar Surgical Company)

Stock Adjustments. In the event that, that during the term of this Agreement, any stock dividend, reclassification, readjustment, readjustment or other change is declared or made in the capital structure of any of the CompanyCompanies, or any Option is exercised, all new, new substituted and additional shares shares, options, or other securities securities, issued with respect to the Pledged Shares by reason of any such change or exercise shall be delivered to and held by the Pledgeholder for the benefit of the Secured Parties Party under the terms of this Agreement in the same manner as the Pledged SharesCollateral originally pledged.

Appears in 1 contract

Samples: Security Agreement Stock Pledge

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