Stock Dividends, Splits, Etc. (a) If, prior to the Expiration Time, the Company shall subdivide its outstanding Shares into a greater number of Shares, or declare and pay a dividend of its Shares payable in additional Shares, the Exercise Price, as then in effect, shall be proportionately reduced, and the Company shall proportionately increase the number of Shares then subject to exercise under this Warrant (and not previously exercised.)
Appears in 33 contracts
Samples: Director Warrant Agreement (Semoran Financial CORP), Organizer Warrant Agreement (Maverick Bancshares, Inc.), Shareholder Warrant Agreement (Semoran Financial CORP)
Stock Dividends, Splits, Etc. (a) If, prior to the Expiration Time, the Company shall subdivide its outstanding Shares into a greater number of Shares, or declare and pay a dividend of its Shares payable in additional Shares, the Exercise Price, as then in effect, shall be proportionately reduced, and the Company shall proportionately increase the number of Shares then subject to exercise under this Warrant (and not previously exercised).)
Appears in 7 contracts
Samples: Capital Warrant Agreement (Third Coast Bancshares, Inc.), Organizer Warrant Agreement (City Central Bancorp, Inc.), Organizer Warrant Agreement (Solera National Bancorp, Inc.)
Stock Dividends, Splits, Etc. (a) If, prior to the Expiration Time, the Company Bank shall subdivide its outstanding Shares into a greater number of Shares, or declare and pay a dividend of its Shares payable in additional Shares, the Exercise Price, as then in effect, shall be proportionately reduced, and the Company Bank shall proportionately increase the number of Shares then subject to exercise under this Warrant (and not previously exercised.)
Appears in 2 contracts
Samples: Warrant Agreement (Business First Bancshares, Inc.), Warrant Agreement (First NBC Bank Holding Co)
Stock Dividends, Splits, Etc. (a) If, prior to the Expiration Time, the Company shall subdivide its outstanding Shares shares of Common Stock into a greater number of Sharesshares of Common Stock, or declare and pay a dividend on its outstanding shares of its Shares Common Stock payable in additional Sharesshares of Common Stock, the Exercise Price, as then in effect, shall be proportionately reduced, and the Company shall proportionately increase the number of Warrant Shares then subject to exercise under this Warrant (and not previously exercised.)
Appears in 2 contracts
Samples: Stock Purchase Agreement (Roberts Realty Investors Inc), Warrant Agreement (Acre Realty Investors Inc)
Stock Dividends, Splits, Etc. (a) If, prior to the Expiration Time, the Company shall subdivide its outstanding Shares into a greater number of Shares, or declare and pay a dividend of its Shares payable in additional Shares, the Exercise Price, as then in effect, shall be proportionately reduced, and the Company shall proportionately increase the number of Shares then subject to exercise under this Warrant the Warrants (and not previously exercised) evidenced by this Warrant Certificate.)
Appears in 1 contract
Samples: Community Central Bank Corp
