Stock Splits and Reverse Splits. In case at any time after the IPO Date, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock), the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time after the IPO Date, the Company shall combine its outstanding shares of Common Stock into smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a), no adjustment in the purchase price and no change in the number of Warrants Shares so purchasable shall be made pursuant to this section 6 as a result of or by any such subdivision or combination.
Appears in 3 contracts
Samples: Representation Agreement (Retrac Medical Inc), Settlement Agreement (Retrac Medical Inc), Settlement Agreement (Retrac Medical Inc)
Stock Splits and Reverse Splits. In case the event that the Company shall at any time after the IPO Date, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock)shares, the Warrant Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time after the IPO Date, event that the Company shall combine its outstanding shares of Common Stock of the Company shall at any time be combined into a smaller number of shares, the Warrant Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a)SECTION 5.A, no adjustment in the purchase price Warrant Purchase Price and no change in the number of Warrants Warrant Shares so purchasable shall be made pursuant to under this section 6 SECTION 5 as a result of or by reason of any such subdivision or combination.
Appears in 2 contracts
Samples: Registration Rights Agreement (Bekins Co /New/), Registration Rights Agreement (Bekins Co /New/)
Stock Splits and Reverse Splits. In case at any time after the IPO Date, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock), the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time after the IPO 1PO Date, the Company shall combine its outstanding shares of Common Stock into smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a), no adjustment in the purchase price and no change in the number of Warrants Shares so purchasable shall be made pursuant to this section 6 as a result of or by any such subdivision or combination.
Appears in 1 contract
Samples: Retrac Medical Inc
Stock Splits and Reverse Splits. In case at any time after the IPO Date, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock)shares, the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time after the IPO Date, the Company shall combine its outstanding shares of Common Stock into a smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a), no adjustment in the purchase price Purchase Price and no change in the number of Warrants Warrant Shares so purchasable shall be made pursuant to this section Section 6 as a result of or by reason of any such subdivision or combination.
Appears in 1 contract
Samples: Ebix Com Inc
Stock Splits and Reverse Splits. In case the event that at any time ------------------------------- after the IPO Date, Determination Date the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock)shares, the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock of the Company shall at any time after the IPO Date, the Company shall combine its outstanding shares of Common Stock Determination Date be combined into a smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a)subsection 5.2, no adjustment in the purchase price Purchase Price and no change in the number of Warrants Warrant Shares so purchasable shall be made pursuant to under this section 6 Section 5 as a result of or by reason of any such subdivision or combination.
Appears in 1 contract
Samples: Lionbridge Technologies Inc /De/
Stock Splits and Reverse Splits. In case the event that the Company shall at any time after the IPO Date, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares (including upon a dividend made in Common Stock)shares, the Warrant Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time after the IPO Date, event that the Company shall combine its outstanding shares of Common Stock of the Company shall at any time be combined into a smaller number of shares, the Warrant Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this paragraph (a)SECTION 5.B, no adjustment in the purchase price Warrant Purchase Price and no change in the number of Warrants Warrant Shares so purchasable shall be made pursuant to under this section 6 SECTION 5 as a result of or by reason of any such subdivision or combination.
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