Common use of Stock Dividends Subject to Option Agreement Clause in Contracts

Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation the stock of which is subject to the provisions of this Option Agreement, then in such event any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc), Nonqualified Stock Option Agreement (Demegen Inc)

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Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation Company, the stock of which is subject to the provisions of this Option Agreement, then then, in such event event, any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ’s ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Liposcience Inc), Nonqualified Stock Option Agreement (Accentia Biopharmaceuticals Inc), Incentive Stock Option Agreement (Accentia Biopharmaceuticals Inc)

Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, split or other change in the character or amount of any of the outstanding stock of the corporation the stock of which is subject to the provisions of this Option Agreement, then in such event any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ’s ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal to Repurchase with the same force and effect as the shares subject to the Right of First Refusal to Repurchase immediately before such event.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Dpac Technologies Corp), Nonqualified Stock Option Agreement (Dpac Technologies Corp)

Stock Dividends Subject to Option Agreement. If, from time to time, -------------------------------------------- there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation Company, the stock of which is subject to the provisions of this Option Agreement, then then, in such event event, any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Liposcience Inc)

Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation the stock of which is subject to the provisions of this Option Agreement, then in such event any and all new new, substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal Refusal, and/or any security interest held by the Company with the same force and effect as the shares subject to the Right of First Refusal Refusal, and such security interest immediately before such event.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ciena Corp)

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Stock Dividends Subject to Option Agreement. If, from time to time, there ------------------------------------------- is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation Company, the stock of which is subject to the provisions of this Option Agreement, then then, in such event event, any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Liposcience Inc)

Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation Company, the stock of which is subject to the provisions of this Option Agreement, then then, in such event event, any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ’s ownership of the shares H&M:14909.01 acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Liposcience Inc)

Stock Dividends Subject to Option Agreement. If, from time to time, there is any stock dividend, stock split, or other change in the character or amount of any of the outstanding stock of the corporation Company, the stock of which is subject to the provisions of this Option Agreement, then then, in such event event, any and all new substituted or additional securities to which the Optionee is entitled by reason of the Optionee's ’s ownership of the shares acquired upon exercise of the Option shall be immediately subject to the Right of First Refusal with the same force and effect as the shares subject to the Right of First Refusal immediately before such event.. H&M:127295.01 8

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Liposcience Inc)

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