Stock Dividends, Distributions or Subdivisions. In the event the Company shall issue shares of Common Stock in a stock dividend, stock distribution or subdivision, the Exercise Price in effect immediately before such stock dividend, stock distribution or subdivision shall, concurrently with the effectiveness of such stock dividend, stock distribution or subdivision, be proportionately decreased and the number of shares of Common Stock purchasable by exercise of this Warrant shall be proportionately increased.
Appears in 7 contracts
Samples: Securities Purchase Agreement (Xfone Inc.), Placement Agency Agreement (Teton Energy Corp), Convertible Security Agreement (Teton Energy Corp)