Stock Dividends or Splits. Stock dividends on, and shares resulting from stock splits of, the Escrowed Stock shall be delivered to the Escrow Agent and shall be held pursuant to this Agreement as if they were original shares of Escrowed Stock deposited hereunder. In the event of any stock dividend, stock split or recapitalization of the Issuer, the price per share figures herein shall be adjusted appropriately.
Appears in 4 contracts
Samples: Security Escrow Agreement (HLM Design Inc), Security Escrow Agreement (Brannon Vernon B), Security Escrow Agreement (Harris Joseph M)
Stock Dividends or Splits. Stock dividends on, and shares resulting from stock splits of, the Escrowed Stock Shares shall be delivered to the Escrow Agent and shall be held pursuant to this Agreement as if they were original shares of Escrowed Stock Shares deposited hereunder. In the event of any stock dividend, stock split or recapitalization of the IssuerPartnership, the price per share figures herein requirements set forth in paragraph 3 hereof shall be adjusted appropriately.
Appears in 2 contracts
Samples: Security Escrow Agreement (Baron Capital Trust), Security Escrow Agreement (Baron Capital Properties Lp)
Stock Dividends or Splits. Stock dividends on, and shares resulting from stock splits of, the Escrowed Stock Shares shall be delivered to the Escrow Agent and shall be held pursuant to this Agreement as if they were original shares of the Escrowed Stock Shares deposited hereunder. In the event of any stock dividend, stock split or recapitalization of the Issuer, the price per share figures herein shall be adjusted appropriately.
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