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

Subdivision or Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, conversely, in case the outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 6 contracts

Samples: Warrant Agreement (Changing World Technologies, Inc.), Warrant Agreement (Changing World Technologies, Inc.), Warrant Agreement (Changing World Technologies, Inc.)

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Subdivision or Combination of Common Stock. In case the Company shall at any time on or prior to the Expiration Date subdivide (by any stock split, stock dividend or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, conversely, in case the outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 4 contracts

Samples: Warrant Agreement (Changing World Technologies, Inc.), Warrant Agreement (Changing World Technologies, Inc.), Warrant Agreement (Changing World Technologies, Inc.)

Subdivision or Combination of Common Stock. In case If the Company shall at any time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price exercise price in effect immediately prior to such subdivision shall will be proportionately reduced, and, conversely, in case and if the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price exercise price in effect immediately prior to such combination shall will be proportionately increased.

Appears in 4 contracts

Samples: Stock Option Agreement (Corning Inc /Ny), Stock Option Agreement (Corning Inc /Ny), Stock Option Agreement (Corning Inc /Ny)

Subdivision or Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 3 contracts

Samples: Security and Loan Agreement (Hunapu Inc), Warrant Agreement (Santarus Inc), Warrant Agreement (Hemobiotech Inc)

Subdivision or Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) reclassify its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined or reclassified into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Warrant Agreement (Tombstone Cards, Inc.), Warrant Agreement (Tombstone Cards, Inc.)

Subdivision or Combination of Common Stock. In case If the Company shall at any ------------------------------------------ time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, conversely, in case and if the Company at any time combines (by reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Warrant Agreement (CFW Communications Co), Warrant Agreement (CFW Communications Co)

Subdivision or Combination of Common Stock. In case If the Company shall Corporation at any time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall will be proportionately reduced, and, conversely, in case . If the Corporation at any time combines (by reverse stock split or otherwise) its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall will be proportionately increased.

Appears in 1 contract

Samples: Joint Online Trading Agreement (Web Street Inc)

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Subdivision or Combination of Common Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, and conversely, in case the outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Pro Tech Communications, Inc.)

Subdivision or Combination of Common Stock. In case If the Company shall at any time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and, conversely, in case reduced and the number of shares of Warrant Stock obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.effect

Appears in 1 contract

Samples: Stock Purchase Warrant (Thayer Equity Investors Iii Lp)

Subdivision or Combination of Common Stock. In case If the Company shall Corporation at any time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall will be proportionately reduced. If the Corporation at any time combines (by reverse stock split, and, conversely, in case the recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall will be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Blue Rhino Corp)

Subdivision or Combination of Common Stock. In case If the Company shall Corporation at any time subdivide subdivides (by any stock split, stock dividend dividend, recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall will be proportionately reduced, and, conversely, in case . If the Corporation at any time combines (by reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall will be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Blue Rhino Corp)

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