Common use of Stock Dividends and Stock Splits Clause in Contracts

Stock Dividends and Stock Splits. If the Corporation, at any time while this Preferred Stock is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock Shares on shares of the Common StockShares or any Common Share Equivalents, (ii) subdivides the outstanding shares of Common Stock Shares into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Stock Shares into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common StockShares, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock Shares (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock Shares outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common StockStock or any Common Stock Equivalents, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Corporation, at any time while this any shares of Series B Preferred Stock is are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on with respect to the then outstanding shares of Common Stock, ; (ii) subdivides outstanding shares of Common Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Series B Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 8(a7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the Corporation, at any time while this any shares of Class A Preferred Stock is are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on with respect to the then outstanding shares of Common Stock, ; (ii) subdivides outstanding shares of Common Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 8(a7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment to the Conversion Price made pursuant to this Section 8(a3(d) shall become effective immediately after the record date for the determination of stockholders stockholder entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Corporation, at any time while this any shares of Class X Preferred Stock is are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on with respect to the then outstanding shares of Common Stock, ; (ii) subdivides outstanding shares of Common Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 8(a7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common StockStock or any Common Stock Equivalents (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon conversion of the Notes), (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common StockStock or any Common Stock Equivalents, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock the Option is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of the Company’s Common Stock, (ii) subdivides outstanding shares of its Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price number of Option Shares shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before after such event, and of which the denominator shall be the number of shares of Common Stock (excluding any treasury shares of the Company) outstanding immediately after before such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Preferred Stock on shares of Common Preferred Stock, (ii) subdivides outstanding shares of Common Preferred Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Preferred Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Preferred Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Preferred Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Preferred Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classificationre‑classification.

Stock Dividends and Stock Splits. If the Corporation, at any time while this any shares of Series X Preferred Stock is are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on with respect to the then outstanding shares of Common Stock, ; (ii) subdivides outstanding shares of Common Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 8(a7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock is the Debentures are outstanding: (iA) pays shall pay a stock dividend or otherwise makes make a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Stock on shares of Common Stock, (iiB) subdivides subdivide outstanding shares of Common Stock into a larger number of shares, (iiiC) combines combine (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (ivD) issues, in the event of a issue by reclassification of shares of the Common Stock, Stock any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporationshares, if any) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on outstanding shares of Common Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction fraction, the numerator of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination combination, or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common StockStock or any Common Stock Equivalents, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationCompany, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a3(e) shall become effective immediately after the record date for the determination of stockholders stockholder entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationCompany, at any time while this Preferred Stock is any of the Warrants are outstanding: , (ia) pays a stock dividend or otherwise makes a distribution or distributions with respect to any class of capital stock that is payable in shares of Common Stock on shares of Common Stock, ; (iib) subdivides outstanding shares of Common Stock into a larger number of shares, ; or (iiic) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationCompany) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such eventevent (excluding any treasury shares of the Company). Any adjustment made pursuant to this Section 8(a) 4.1 shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the Corporation, at any time while this Preferred Stock is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common StockStock , (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the Corporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 8(a7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CorporationBorrower, at any time while this Preferred Stock Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on outstanding shares of Common Stock, (ii) subdivides outstanding shares of Common Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares, or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the CorporationBorrower, then the Conversion Price shall be multiplied by a fraction fraction, the numerator of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the CorporationBorrower) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. event Any adjustment made pursuant to this Section 8(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination combination, or re-classification.