Common use of Stock Splits, Stock Dividends, etc Clause in Contracts

Stock Splits, Stock Dividends, etc. If, at any time on or after the Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 5 contracts

Samples: Warrant Agreement (Robotic Vision Systems Inc), Warrant Agreement (Fastcomm Communications Corp), Warrant Agreement (Robotic Vision Systems Inc)

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Stock Splits, Stock Dividends, etc. If, If at any time on or after the Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Intellicall Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the First Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Warrant Agreement (Netplex Group Inc)

Stock Splits, Stock Dividends, etc. If, If at any time on or after the Closing Date---------------------------------- date of issuance of this Note, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation Company shall notify the CorporationCompany's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

Stock Splits, Stock Dividends, etc. If, If at any time on or after the Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent for the Common Stock of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Warrant Agreement (Smartserv Online Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the Second Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Warrant Agreement (Netplex Group Inc)

Stock Splits, Stock Dividends, etc. If, If at any time on or after the Closing ----------------------------------- Issue Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent for the Common Stock of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Convertible Term Debenture (Knickerbocker L L Co Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the Closing Issue Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Convertible Note Agreement (Merlin Software Technologies International Inc)

Stock Splits, Stock Dividends, etc. If, If at any time on or after the Closing Datedate of issuance of this Debenture, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Convertible Term Debenture (Fastcomm Communications Corp)

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Stock Splits, Stock Dividends, etc. If, If at any time on or after ---------------------------------- the Closing Datedate of issuance of this Note, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock common stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation Company shall notify the CorporationCompany's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Penalty Settlement Agreement (P Com Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the ----------------------------------- First Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Knickerbocker L L Co Inc)

Stock Splits, Stock Dividends, etc. If, If at any time on or after the ----------------------------------- Closing Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the Fixed Exercise Conversion Price shall be proportionately reducedadjusted, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the Fixed Exercise Conversion Price shall be proportionately increasedadjusted. In such event, the Corporation Company shall notify the CorporationCompany's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Certificate of Designations (Voxware Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the Closing Issue Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the each Fixed Exercise Price Amount shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the each Fixed Exercise Price Amount shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Convertible Note (Lumenon Innovative Lightwave Technology Inc)

Stock Splits, Stock Dividends, etc. If, at any time on or after the Closing Issue Date, the number of outstanding shares of Common Stock is increased by a stock split, stock dividend, combination, reclassification or other similar event, the each Fixed Exercise Price Amount shall be proportionately reduced, or if the number of outstanding shares of Common Stock is decreased by a reverse stock split, combination or reclassification of shares, or other similar event, the each Fixed Exercise Price Amount shall be proportionately increased. In such event, the Corporation shall notify the Corporation's transfer agent of such change on or before the effective date thereof.

Appears in 1 contract

Samples: Securities Purchase Agreement (Icc Technologies Inc)

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