Common use of Stock Splits and Dividends Clause in Contracts

Stock Splits and Dividends. If outstanding shares of the Company Common Stock shall be split into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split or at the record date of such dividend shall simultaneously with the effectiveness of such split or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Shares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 14 contracts

Samples: Warrant Agreement (Procera Networks Inc), Warrant Agreement (Procera Networks Inc), Incentive Warrant Agreement (Procera Networks Inc)

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Stock Splits and Dividends. If outstanding shares of the Company Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 8 contracts

Samples: Vizario Inc, Gallagher Research Corp, Gallagher Research Corp

Stock Splits and Dividends. If outstanding shares of the Company Company’s Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 7 contracts

Samples: Platform Development Funding Agreement (Omeros Corp), Common Stock Purchase Warrant (iVOW, Inc.), Warrant Agency Agreement (VirnetX Holding Corp)

Stock Splits and Dividends. If outstanding shares of the Company Company’s Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, then the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, then the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of shares of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 3 contracts

Samples: Indemnification Agreement (Oryon Holdings, Inc.), Financing and Security Agreement (Echo Automotive, Inc.), Echo Automotive, Inc.

Stock Splits and Dividends. If outstanding shares of the Company Common Stock shall be split into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split or at the record date of such dividend shall simultaneously with the effectiveness of such split or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Shares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares purchasable upon the exercise of this Special Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Special Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 3 contracts

Samples: Special Warrant Agreement (Procera Networks Inc), Special Warrant Agreement (Procera Networks Inc), Special Warrant Agreement (Procera Networks Inc)

Stock Splits and Dividends. If outstanding shares of the Company Company's Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at immediately after the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 3 contracts

Samples: Solutionsamerica Inc, Solutionsamerica Inc, Solutionsamerica Inc

Stock Splits and Dividends. If outstanding shares of the Company Company’s Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, ; by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Security Agreement (Mechanical Technology Inc), Convertible Note and Warrant Purchase Agreement (Mechanical Technology Inc)

Stock Splits and Dividends. If outstanding shares of the Company Nettaxi Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Nettaxi Inc), Warrant Agreement (Nettaxi Inc)

Stock Splits and Dividends. If outstanding shares of the Company Company's Common Stock Shares shall be split subdivided into a greater number of shares or a dividend in Common Stock Shares shall be paid in respect of Common StockShares, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock Shares shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of shares of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Acquisition Agreement (China Natural Resources Inc)

Stock Splits and Dividends. If the outstanding shares of the Company Common Warrant Stock shall be split subdivided into a greater number of shares or a dividend in Common Warrant Stock shall be paid in respect of Common Warrant Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Warrant Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Twist Merger (Jazz Pharmaceuticals Inc)

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Stock Splits and Dividends. If outstanding shares of the Company Common Company's Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Per Share Warrant Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Per Share Warrant Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Per Share Warrant Price, the number of Shares shares of Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Per Share Warrant Price in effect immediately prior to such adjustment, by (ii) the Purchase Per Share Warrant Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Atc Healthcare Inc /De/

Stock Splits and Dividends. If outstanding shares of the Company -------------------------- Company's Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Chemdex Corp)

Stock Splits and Dividends. If outstanding shares of the Company Company’s Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, then the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, then the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Settlement Agreement (Circle Star Energy Corp.)

Stock Splits and Dividends. If outstanding shares of the Company Company’s Common Stock shall be split subdivided into a greater number of shares or a dividend in Common Stock shall be paid in respect of Common Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase PricePrice in accordance with this Section 3(a), the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Fusion-Io, Inc.

Stock Splits and Dividends. If outstanding shares of the Company Common Stock Company's capital stock shall be split subdivided into a greater number of shares or a dividend in Common Stock capital stock shall be paid in respect of Common Warrant Stock, the Purchase Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock capital stock shall be combined into a smaller number of Sharesshares, the Purchase Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Price, the number of Shares shares of Warrant Stock purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Security Agreement (Northwest Biotherapeutics Inc)

Stock Splits and Dividends. If outstanding shares of the Company Common Stock Shares shall be split subdivided into a greater number of shares or a dividend in Common Stock of Shares shall be paid in respect of Common Stockpaid, the Purchase Warrant Price in effect immediately prior to such split subdivision or at the record date of such dividend shall simultaneously with the effectiveness of such split subdivision or immediately after the record date of such dividend be proportionately reduced. If outstanding shares of Common Stock Shares shall be combined into a smaller number of Sharesshares, the Purchase Warrant Price in effect immediately prior to such combination shall, simultaneously with the effectiveness of such combination, be proportionately increased. When any adjustment is required to be made in the Purchase Warrant Price, the number of Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Warrant Price in effect immediately prior to such adjustment, by (ii) the Purchase Warrant Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Source Energy Corp /Ut/

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