Stock Splits, Combinations, etc Clause Samples

Stock Splits, Combinations, etc. In the event of changes in the outstanding Common Stock of the Company by reason of stock dividends, split-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same aggregate Exercise Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment. The form of this Warrant need not be changed because of any adjustment in the number of Exercise Shares subject to this Warrant. The foregoing provisions of this Section 4.1 shall similarly apply to successive stock dividends, split-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like and to the stock or securities of any other entity that are at the time receivable upon the exercise of this Warrant.

Stock Splits, Combinations, etc. In the event the Company should at any time or from time to time after the Execution Date fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in additional shares of Common Stock or other securities or rights convertible into, exchangeable for, or entitling the holder thereof to receive directly or indirectly, additional shares of Common Stock (the “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or the Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of such record date (or the date of such dividend distribution, split or subdivision if no record date is fixed), the Adjusted Purchase Price will be appropriately decreased to reflect the proportionate increase in the number of Shares deemed issued to the Investors pursuant to this Agreement, provided, however, that if such record date is fixed and such dividend is not paid or if such distribution is not fully made on the date fixed therefor, the Adjusted Purchase Price will be re-computed accordingly as of the close of business on such record date and thereafter each such Adjusted Purchase Price will be adjusted pursuant to this Section 2(d) to reflect the actual payment of such dividend or distribution. If the number of shares of Common Stock outstanding at any time after the Execution Date is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the applicable Adjusted Purchase Price will be appropriately increased to reflect the proportionate reduction in the number of Shares deemed issued the Investors pursuant to this Agreement.

Stock Splits, Combinations, etc. If, during the term of this -------------------------------- Agreement, there is any stock dividend or liquidating dividend of cash and/or property, stock split or other change in the character or amount of any of the outstanding securities of the Company, then, in such event, any and all new, substituted or additional securities or other property to which Purchaser is entitled by reason of his ownership of Stock shall be immediately subject to all other provisions of this Agreement and be included in the word "Stock" for all purposes with the same force and effect as the shares of Stock presently subject to the right of first refusal and other terms of this Agreement.

Stock Splits, Combinations, etc. In case the Company shall hereafter (A) pay a dividend or make a distribution on its Common Stock in shares of its capital stock (whether shares of Common Stock or of capital stock of any other class), (B) subdivide its outstanding shares of Common Stock or (C) combine its outstanding shares of Common Stock into a smaller number of