Common use of Subdivisions, Split-ups, Combinations and Stock Dividends Clause in Contracts

Subdivisions, Split-ups, Combinations and Stock Dividends. If after the Issuance Date the Company shall subdivide the Common Stock, by split up or otherwise, or combine such shares, or issue additional shares in payment of a stock dividend on such shares, the number of shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision or stock dividend, or proportionately decreased in the case of a combination, and the Exercise Price shall forthwith be proportionately decreased in the case of a subdivision or stock dividend, or proportionately increased in the case of a combination.

Appears in 6 contracts

Samples: Warrant Agreement (Axtive Corp), Warrant Agreement (Axtive Corp), Warrant Agreement (Axtive Corp)

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Subdivisions, Split-ups, Combinations and Stock Dividends. If after the Issuance Original Issue Date (as defined in Section 14 hereof) the Company shall subdivide the Common Stock, by split up or otherwise, or combine such sharesthe Common Stock, or issue additional shares of Common Stock in payment of a stock dividend on such sharesthe Common Stock, the number of shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision or stock dividend, or proportionately decreased in the case of a combination, and the Exercise Purchase Price shall forthwith be proportionately decreased in the case of a subdivision or stock dividend, or proportionately increased in the case of a combination.

Appears in 1 contract

Samples: Warrant Agreement (Vistacare Inc)

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