Subdivision or Combination. In the event the outstanding Common Stock shall be subdivided into a greater number of shares of Common Stock, the Exercise Price for the Warrant Shares shall, simultaneously with the effectiveness of such subdivision, be proportionately reduced and the number of Warrant Shares proportionately increased, and conversely, in case the outstanding Common Stock shall be combined into a smaller number of shares of Common Stock, the Exercise Price shall, simultaneously with the effectiveness of such combination, be proportionately increased and the number of Warrant Shares proportionately reduced.
Appears in 6 contracts
Samples: Natural Wonders Inc, Natural Wonders Inc, Natural Wonders Inc
Subdivision or Combination. In the event the outstanding Common -------------------------- Stock shall be subdivided into a greater number of shares of Common Stock, the Exercise Price for the Warrant Shares shall, simultaneously with the effectiveness of such subdivision, be proportionately reduced and the number of Warrant Shares proportionately increased, and conversely, in case the outstanding Common Stock shall be combined into a smaller number of shares of Common Stock, the Exercise Price shall, simultaneously with the effectiveness of such combination, be proportionately increased and the number of Warrant Shares proportionately reduced.
Appears in 2 contracts
Samples: Anchor Pacific Underwriters Inc, Anchor Pacific Underwriters Inc
Subdivision or Combination. In the event the outstanding -------------------------- Common Stock shall be subdivided into a greater number of shares of Common Stock, the Exercise Price for the Warrant Shares shall, simultaneously with the effectiveness of such subdivision, be proportionately reduced and the number of Warrant Shares proportionately increased, and conversely, in case the outstanding Common Stock shall be combined into a smaller number of shares of Common Stock, the Exercise Price shall, simultaneously with the effectiveness of such combination, be proportionately increased and the number of Warrant Shares proportionately reduced.
Appears in 2 contracts
Samples: Anchor Pacific Underwriters Inc, Anchor Pacific Underwriters Inc