Common use of Stock Splits; Stock Dividends Clause in Contracts

Stock Splits; Stock Dividends. In the event of any stock split or stock dividend with respect to Parent Common Stock that becomes effective during the term of this Agreement, the additional shares so issued with respect to the Escrow Shares shall be added to the Escrow Shares and subject to the escrow covered by this Agreement and any other references herein to a specific number of shares of Parent Common Stock, the Value Per Share, and any other references herein to prices for or the number of shares of Parent Common Stock shall be adjusted accordingly.

Appears in 2 contracts

Samples: Escrow Agreement (Towne Services Inc), Escrow Agreement (Towne Services Inc)

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Stock Splits; Stock Dividends. In the event of any stock split or ----------------------------- stock dividend with respect to Parent Acquiror Common Stock that becomes effective during the term of this Agreement, the additional shares so issued with respect to the Escrow Shares shall be added to the Escrow Shares and subject to the escrow covered by this Agreement and any other references herein to a specific number of shares of Parent Acquiror Common Stock, the Value Per Share, and any other Stock or references herein to prices for or the number of shares of Parent Common Stock Closing Price shall be adjusted accordingly.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mohawk Industries Inc), Agreement and Plan of Merger (Mohawk Industries Inc)

Stock Splits; Stock Dividends. In the event of any stock split or stock dividend Anti-Dilution Event with respect to Parent Purchaser Common Stock that becomes effective during the term of this Agreement, the additional shares so issued (if any) with respect to the Escrow Shares shall be added to the Escrow Shares and subject to the escrow covered by this Agreement and any other references herein to a specific number of shares of Parent Purchaser Common Stock, Stock and the Value Per Share, and any other references herein to prices for or the number of shares of Parent Common Stock Share shall be adjusted accordinglyproportionately adjusted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Healtheon Corp)

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Stock Splits; Stock Dividends. In the event of any stock split split, stock ----------------------------- dividend, recapitalization or stock dividend similar transaction with respect to Parent Series D Common Stock that becomes effective during the term of this Agreement, the additional shares so issued with respect to the Escrow Shares shall be added to the Escrow Shares and subject to the escrow covered by this Agreement and any other references herein to a specific number of shares of Parent Series D Common Stock, Stock and the Value Per Share, and any other references herein to prices for or the number of shares of Parent Common Stock Share shall be adjusted accordingly.

Appears in 1 contract

Samples: Escrow Agreement (Webmd Inc)

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