Common use of Subdivision and Combination of Common Stock Clause in Contracts

Subdivision and Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) or combine (by any reverse stock split or otherwise) the outstanding shares of Common Stock, the Exercise Price shall forthwith be proportionately decreased in the case of subdivision or increased in the case of combination.

Appears in 17 contracts

Samples: Imsco Inc /Ma/, Complete Wellness Centers Inc, Warren Resources Inc

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Subdivision and Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) or combine (by any reverse stock split or otherwise) the outstanding shares of Common Stock, the Exercise Price shall forthwith be proportionately decreased in the case of subdivision or increased in the case of combination.proportionately

Appears in 2 contracts

Samples: Complete Wellness Centers Inc, Complete Wellness Centers Inc

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