Stock Dividends, Splits. If after the date on which the Shares are first issued to Buyer and while Buyer still owns said Shares, the number of outstanding shares of Common Stock is increased by a stock dividend payable in shares of Common Stock or by a split of shares of Common Stock or other similar event, then, on the date following the date fixed for the determination of holders of Common Stock entitled to receive such stock dividend or split, the number of shares of Common Stock purchased by the Buyer and the number of Repricing Rights shall be increased in proportion to such increase in outstanding shares (ignoring for this purpose any provision for the repurchase or cash payment of fractional shares).
Appears in 3 contracts
Samples: Stock Purchase Agreement (Frontline Communications Corp), Stock Purchase Agreement (Frontline Communications Corp), Stock Purchase Agreement (Frontline Communications Corp)
Stock Dividends, Splits. If after the date on which the Shares are first issued to Buyer and while Buyer still owns said Shares, the number of outstanding shares of Common Stock is increased by a stock dividend payable in shares of Common Stock or by a split of shares of Common Stock or other similar event, then, on the date following the date fixed for the determination of holders of Common Stock entitled to receive such stock dividend or split, the number of shares of Common Stock purchased by the Buyer and the number of Repricing Rights shall be increased in proportion to such increase in outstanding shares (ignoring for this purpose any provision for the repurchase or cash payment of fractional shares).
Appears in 2 contracts
Samples: Stock Purchase Agreement (Frontline Communications Corp), Stock Purchase Agreement (Frontline Communications Corp)
Stock Dividends, Splits. If after the date on which the Shares are Common Stock is first issued to Buyer and while Buyer still owns said SharesCommon Stock, the number of outstanding shares of Common Stock is increased by a stock dividend payable in shares of Common Stock or by a split of shares of Common Stock or other similar event, then, on the date following the date fixed for the determination of holders of Common Stock entitled to receive such stock dividend or split, the number of shares of Common Stock purchased by the Buyer and the number of Repricing Rights shall be increased in proportion to such increase in outstanding shares (ignoring for this purpose any provision for the repurchase or cash payment of fractional shares).
Appears in 1 contract
Samples: Stock Purchase Agreement (Frontline Communications Corp)