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: Securities Purchase Agreement (Netplex Group Inc), Securities Purchase Agreement (Fastcomm Communications Corp), Robotic Vision Systems Inc

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Stock Splits, Stock Dividends, etc. If, at any time on or after the Closing Issuance 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 combination, 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 ’s transfer agent of such change on or before the effective date thereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Heartland Oil & Gas Corp), Securities Purchase Agreement (Heartland Oil & Gas Corp)

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, 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: Netplex Group 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: Securities Purchase 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: 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 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, 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: Fastcomm Communications Corp

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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 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: Securities Purchase Agreement (Voxware 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 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 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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