Common use of Stock Splits, etc Clause in Contracts

Stock Splits, etc. If, from time to time 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, etc. If, from time to time during the term of this ----------------- Agreementthe Rights of First Refusal as provided in Section 2, there is any stock dividend or liquidating dividend of cash and/or propertydividend, stock split or other change in the character or amount of any of the outstanding securities of the Company or if there is any consolidation, merger or sale of all, or substantially all, of the assets of the Company, then, then in such event, event any and all new, substituted or additional securities or other property to which Purchaser is entitled by reason of his or her ownership of Stock shall be immediately subject to all other provisions the Rights of this Agreement First Refusal and be included in the word term "Stock" for all purposes of this Agreement 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.