Common use of Subdivision or Combination of Shares Clause in Contracts

Subdivision or Combination of Shares. If the Company at any time while this Option remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 13 contracts

Samples: Adrian John Sumnall Employment Agreement (Tricell Inc), Neil Pursell Employment Agreement (Tricell Inc), Neil Proctor Employment Agreement (Tricell Inc)

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Subdivision or Combination of Shares. If the Company at any time while this Option remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Exercise Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 12 contracts

Samples: Stock Option Agreement (Nugget Exploration Inc), Stock Option Agreement (Gohealth Md Inc), Stock Option Agreement (Nugget Exploration Inc)

Subdivision or Combination of Shares. If the Company at any time anytime while this Option remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 8 contracts

Samples: Stock Option Agreement (Far East Energy Corp), Stock Option Agreement (Far East Energy Corp), Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company Corporation at any time while this Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Option Exercise Price shall be proportionately reduced, in case of subdivision of such shares, shares as of the effective date of such subdivision, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp), Nonqualified Stock Option Agreement (Far East Energy Corp), Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company at any time while this Option Warrant remains outstanding and unexpired, unexpired shall subdivide or combine its Capital Stock, the Option Warrant Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 7 contracts

Samples: Purchase Agreement (Global Markets Access LTD), Purchase Agreement (Gca LTD), Purchase Agreement (Annuity & Life Re Holdings LTD)

Subdivision or Combination of Shares. If the Company at any ------------------------------------ time while this Option Warrant remains outstanding and unexpired, unexpired shall subdivide or combine its Capital Stock, the Option Warrant Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 2 contracts

Samples: Purchase Agreement (Scottish Annuity & Life Holdings LTD), Purchase Agreement (Scottish Annuity & Life Holdings LTD)

Subdivision or Combination of Shares. If the Company at any time while this Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Option Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp), Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company at any time while this an Affected Option remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Price of such Affected Option shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp), Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company Corporation at any time while this an Affected Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Exercise Price of such Affected Option Price shall be proportionately reduced, in case of subdivision of such shares, shares as of the effective date of such subdivision, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company at any time while this an Affected Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Option Price of such Affected Option shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

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Subdivision or Combination of Shares. If the Company at any time while this Affected Option remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company at any ------------------------------------ time while this Option Warrant remains outstanding and unexpired, shall subdivide or combine its Capital Stock, the Option Exercise Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Internet Capital Group Inc)

Subdivision or Combination of Shares. If the Company at any time ------------------------------------ while this Option remains the Warrants remain outstanding and unexpired, unexpired shall subdivide or combine its Capital Common Stock, the Option Warrant Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Common Stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Common Stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Purchase Agreement (Nucycle Therapy Inc)

Subdivision or Combination of Shares. If the Company at any time while this an Original Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Option Price shall be proportionately reduced, in case of subdivision of such shares, as of the effective date of such subdivision, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company Corporation at any time while this the Affected Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Exercise Price of such Affected Option Price shall be proportionately reduced, in case of subdivision of such shares, shares as of the effective date of such subdivision, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

Subdivision or Combination of Shares. If the Company Corporation at any time while this the Option remains outstanding and unexpired, shall subdivide or combine its Capital Stockcapital stock, the Exercise Price of such Option Price shall be proportionately reduced, in case of subdivision of such shares, shares as of the effective date of such subdivision, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so subdividing, as of such record date, whichever is earlier, or shall be proportionately increased, in the case of combination of such shares, as of the effective date of such combination, or, if the Company Corporation shall take a record of holders of its Capital Stock capital stock for the purpose of so combining, as of such record date, whichever is earlier.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Far East Energy Corp)

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