Common use of Stock Dividends, etc Clause in Contracts

Stock Dividends, etc. In the event of a reclassification, recapitalization, reorganization, stock split (including a reverse stock split) or combination, exchange or readjustment of shares or other similar transaction, or if any stock dividend or stock distribution is declared, in each case affecting the Covered Shares, the terms “Trust Common Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any securities of the Company into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. The Trust hereby agrees, while this Agreement is in effect, promptly to notify Parent and the Company of the number of any new shares of Common Stock with respect to which Beneficial Ownership is acquired by the Trust, if any, after the date hereof and before the Effective Time. Any such shares shall automatically become subject to the terms of this Agreement as Covered Shares as though owned by the Trust as of the date hereof.

Appears in 3 contracts

Samples: Merger Agreement (Straight Path Communications Inc.), Voting Agreement (Patrick Henry Tr DTD July 31 2013), Merger Agreement (Straight Path Communications Inc.)

AutoNDA by SimpleDocs

Stock Dividends, etc. In the event of a reclassification, recapitalization, reorganization, stock split (including a reverse stock split) or combination, exchange or readjustment of shares or other similar transaction, or if any stock dividend or stock distribution is declared, in each case affecting the Covered Shares, the terms “Trust Common Existing Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any securities of the Company into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. The Trust Shareholder hereby agrees, while this Agreement is in effect, promptly to notify Parent and the Company Sellers of the number of any new shares of Common Stock Shares with respect to which Beneficial Ownership is acquired by the TrustShareholder, if any, after the date hereof and before the Effective Time. Any such shares shall automatically become subject to the terms of this Agreement as Covered Shares as though owned by the Trust Shareholder as of the date hereof.

Appears in 2 contracts

Samples: Shareholder Support and Voting Agreement, Shareholder Support and Voting Agreement (Cifc LLC)

Stock Dividends, etc. In the event of a reclassification, recapitalization, reorganization, stock split (including a reverse stock split) or combination, exchange or readjustment of shares or other similar transactionshares, or if any stock dividend or stock distribution is declared, in each case affecting the Covered Shares, the terms “Trust Common Existing Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any securities of the Company into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. The Trust Each Shareholder hereby agrees, while this Agreement is in effect, promptly to notify Parent and the Company of the number of any new shares of Company Common Stock with respect to which Beneficial Ownership beneficial ownership is acquired by the Trustsuch Shareholder, if any, after the date hereof and before the Effective Time. Any such shares shall automatically become subject to the terms of this Agreement as Covered Shares as though owned by the Trust Shareholder as of the date hereof.

Appears in 2 contracts

Samples: Voting Agreement (Brookdale Senior Living Inc.), Voting Agreement (Emeritus Corp\wa\)

AutoNDA by SimpleDocs

Stock Dividends, etc. In the event of a reclassification, recapitalization, reorganization, stock split (including a reverse stock split) or combination, exchange or readjustment of shares or other similar transactionshares, or if any stock dividend or stock distribution is declared, in each case affecting the Covered Shares, the terms “Trust Common Existing Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any securities of the Company into which or for which any or all of such shares may be changed or exchanged or which are received in such transaction. The Trust Each Stockholder hereby agrees, while this Agreement is in effect, promptly to notify Parent and the Company of the number of any new shares of Common Stock with respect to which Beneficial Ownership is acquired by the Trustsuch Stockholder, if any, after the date hereof and before the Effective Time. Any such shares shall automatically become subject to the terms of this Agreement as Covered Shares as though owned by the Trust Stockholder as of the date hereof.

Appears in 2 contracts

Samples: Voting Agreement (Lee Thomas H Equity Fund v Lp), Voting Agreement (Warner Music Group Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!