Common use of Subdivision or Combination Clause in Contracts

Subdivision or Combination. If this corporation in any manner subdivides or combines the outstanding shares of Class A Common Stock or Class B Common Stock, the outstanding shares of the other such class will be subdivided or combined in the same proportion and manner, unless different treatment of the shares of each such class is approved by the affirmative vote of the holders of a majority of the outstanding shares of Class A Common Stock and the holders of a majority of the outstanding shares of Class B Common Stock, each voting separately as a separate voting group.

Appears in 2 contracts

Samples: Merger Agreement (Zillow Inc), Merger Agreement (Trulia, Inc.)

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Subdivision or Combination. If this corporation the Corporation in any manner subdivides or combines the outstanding shares of any of the Ordinary Common Stock, Class A B Common Stock or Class B Common Series C Preferred Stock, then the outstanding shares of the other such class Ordinary Common Stock, Class B Common Stock or Series C Preferred Stock, as applicable, will be subdivided or combined in the same proportion and manner, unless different treatment of the shares of each such class is approved by the affirmative vote of the holders of a majority of the outstanding shares of Class A Common Stock and the holders of a majority of the outstanding shares of Class B Common Stock, each voting separately as a separate voting group.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Babcock & Wilcox Co), Securities Purchase Agreement (Usec Inc)

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