Stock Dividends, Stock Splits, Etc. If the Company declares or pays a dividend on its Common Stock payable in Common Stock or other securities, or subdivides the outstanding Common Stock into a greater amount of Common Stock, then upon exercise of this Option, for each Common Share acquired, Optionee shall receive, without cost to Optionee, the total number and kind of securities to which Optionee would have been entitled had Optionee owned the Common Shares of record as of the date the dividend or subdivision occurred.
Stock Dividends, Stock Splits, Etc. In case the Company at any time or from time to time after the date hereof shall declare or pay any dividend on the Common Stock payable in Common Stock, or effect a subdivision of the outstanding shares of the Common Stock into a greater number of shares of the Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock), then, in any such event, the per share Adjusted Exercise Price per share shall be adjusted effective as of the close of business on (i) the record date for the determination of shareholders entitled to receive such dividend if such dividend is in fact paid, or (ii) the day immediately preceding the day upon which such subdivision shall become effective (any such day, as the case may be, shall be referred to herein as the "Subdivision Effective Date"), by multiplying the per share Adjusted Exercise Price in effect immediately prior to the Subdivision Effective Date by the fraction of which (x) the numerator shall be the number of shares of the Common Stock outstanding immediately prior to the Subdivision Effective Date and (y) the denominator shall be the number of shares of the Common Stock outstanding immediately prior to the Subdivision Effective Date plus the number of shares of the Common Stock issuable upon the payment of such dividend or the consummation of such subdivision, as the case may be.
Stock Dividends, Stock Splits, Etc. If the Company declares or pays a dividend on its Common Stock payable in Common Stock or other securities, or subdivides the outstanding Common Stock into a greater amount of Common Stock, then upon exercise of this Warrant, for each Warrant Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Warrant Shares of record as of the date the dividend or subdivision occurred.
Stock Dividends, Stock Splits, Etc. If AVAX:
(i) declares a dividend of Common Stock on its Common Stock,
(ii) subdivides its outstanding Common Stock into a larger number of shares of Common Stock by reclassification, stock split or otherwise, or
(iii) combines its outstanding Common Stock into a smaller number of shares of Common Stock by reclassification, reverse stock split or otherwise, the number of shares of Common Stock issuable upon conversion of this Note pursuant to Section 1 immediately prior to any such event shall be adjusted proportionately so that thereafter Firebird shall be entitled to receive upon conversion of this Note the number of shares of Common Stock which such Holder would have owned after the happening of any of the events described above had this Note been converted immediately prior to the happening of such event, provided that the Conversion Price shall in no event be reduced to less than the par value of the shares issuable upon conversion. An adjustment made pursuant to this Section 2 will become effective immediately after the record date in the case of a dividend and will become effective immediately after the effective date in the case of a subdivision or combination.
Stock Dividends, Stock Splits, Etc. If the Company declares or pays a dividend on its Series B Preferred Stock payable in Series B Preferred Stock, or other securities, or subdivides the outstanding Series B Preferred Stock into a greater amount of Series B Preferred Stock, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend or subdivision occurred. If the outstanding shares of Series B Preferred Stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price then in effect shall be proportionately increased and the number of Shares issuable upon exercise or conversion of this Warrant shall be proportionately reduced.
Stock Dividends, Stock Splits, Etc. In case the Company at any time or from time to time shall declare or pay any dividend on the Common Stock payable in Common Stock or effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise), the Pro Forma Dilution Price in effect immediately prior to such dividend shall, as of the opening of business on the date of payment of such dividend, be proportionately decreased.
Stock Dividends, Stock Splits, Etc. In the event that the Corporation shall (i) take a record of holders of shares of the Common Stock for the purpose of determining the holders entitled to receive a dividend payable in shares of Common Stock, (ii) subdivide the outstanding shares of Common Stock, (iii) combine the outstanding shares of Common Stock into a smaller number of shares or (iv) issue, by reclassification of the Common Stock any other securities of the Corporation, then, in each such case, the Conversion Price then in effect shall be adjusted so that upon the conversion of each share of Series D Preferred Stock then outstanding the number of shares of Common Stock into which such shares of Series D Preferred Stock are convertible immediately after the happening of any of the events described in clauses (i) through (iv) above shall be the number of such shares of Common Stock that would have been held by the holder had such shares of Series D Preferred Stock been converted immediately prior to the happening of such event or any record date with respect thereto.
Stock Dividends, Stock Splits, Etc. In case the ---------------------------------- Corporation shall after the date of first issuance of shares of Series C Preferred Stock (A) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock, (B) subdivide its outstanding Common Stock into a greater number of shares, (C) combine its outstanding Common Stock into a smaller number of shares or (D) issue any shares of capital stock by reclassification of its Common Stock (excluding any transaction as to which Section 9 applies), each share of Series C Preferred Stock shall thereafter be convertible into the kind and amount of shares of stock and other securities and property receivable by a holder of that number of shares or fraction thereof of Common Stock into which one share of Series C Preferred Stock was convertible immediately prior to the happening of such event or the record date therefor, whichever is earlier. In addition, if any of the events described above in this Section 10 shall become effective on a Trading Day which is included in the calculation of the Conversion Price, then the average of the daily volume- weighted average prices of the Common Stock for the period from the first Trading Day included in the calculation of the Conversion Price to (but not including) the effective date of such event (the "Adjustable Average Price") will be proportionately adjusted to reflect such event in calculating the Conversion Price. If the event in question causes an increase in the total number of outstanding Common Stock, then the Adjustable Average Price will be proportionately decreased. If the event in question causes an decrease in the total number of outstanding Common Stock, then the Adjustable Average Price will be proportionately increased. Adjustments made pursuant to this Section shall become effective immediately after the close of business on the record date in the case of a dividend or distribution and shall become effective immediately after the close of business on the record date in the case of subdivision, combination or reclassification.
Stock Dividends, Stock Splits, Etc. If at any time on or after the date of this Agreement, the Company shall (a) pay a dividend or make a distribution on the Common Stock in shares of Common Stock, (b) subdivide the outstanding shares of Common Stock into a greater number of shares of Common Stock, (c) combine the outstanding shares of Common Stock into a smaller number of shares of Common Stock or (d) issue by reclassification of the Common Stock any shares of its capital stock, then each specified number of shares of Common Stock herein shall be adjusted accordingly.
Stock Dividends, Stock Splits, Etc. In case Baan shall, after the Initial Closing Date, (A) pay a dividend or make a distribution on its Common Shares, (B) subdivide its outstanding Common Shares into a greater number of shares, or (C) combine its outstanding Common Shares into a smaller number of shares, which becomes effective on a Trading Day which is included in the calculation of the Share Price or the Additional Share Price, then the Share Price or Additional Share Price will be proportionately adjusted to reflect such event by adjusting the average of the daily volume-weighted average prices of the Common Shares for the period from the first Trading Day included in the calculation of the Share Price or Additional Share Price to but excluding the effective date of such event (the "Adjustable Average Price"). By way of example, if the event in question causes an increase in the total number of outstanding Common Shares, then
