Common use of Stock Dividends and Stock Subdivisions Clause in Contracts

Stock Dividends and Stock Subdivisions. Any additional shares of Common Stock issued or deemed to have been issued pursuant to any stock dividend or stock subdivision shall be deemed to have been issued for no consideration.

Appears in 4 contracts

Samples: Warrant Agreement (World Airways Inc /De/), Purchase Agreement (World Airways Inc /De/), Warrant Agreement (World Airways Inc /De/)

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Stock Dividends and Stock Subdivisions. Any additional shares of Common Stock common stock issued or deemed to have been issued pursuant to any stock dividend or stock subdivision shall be deemed to have been issued for no consideration.

Appears in 1 contract

Samples: Warrant Agreement (World Airways Inc /De/)

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