Common use of Treatment of Stock Dividends, Stock Splits, etc Clause in Contracts

Treatment of Stock Dividends, Stock Splits, etc. In case the Company at any time or from time to time after the Initial Date shall declare or pay any dividend or other distribution on any class of stock of the Company payable in Common Stock, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares of Common Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

Treatment of Stock Dividends, Stock Splits, etc. In case the Company at any time or from time to time after the Initial Date date hereof shall declare or pay any dividend or other distribution on any class of stock of the Company Common Stock payable in Common Stock, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares of Common Stock shall be deemed to have been issued (ai) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, dividend or (bii) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

Treatment of Stock Dividends, Stock Splits, etc. In case the Company at any time or from time to time after the Initial Date shall declare or pay any dividend or other distribution on any class of stock of the Company payable in Common Stock, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares of Common Stock shall be deemed to have been issued (a) in the case of any such dividenddividend or distribution, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividenddividend or distribution, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

Treatment of Stock Dividends, Stock Splits, etc. In case the Company Company, at any time or from time to time after during the Initial Date Term hereof, shall declare or pay any dividend or other distribution on any class of stock of the Company Common Stock payable in Common StockStock or Convertible Securities, or shall effect a subdivision of the outstanding shares of Common Stock into a greater number of shares of Common Stock (by reclassification or otherwise than by payment of a dividend in Common Stock), then, and in each such case, Additional Shares additional shares of Common Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of the holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

Treatment of Stock Dividends, Stock Splits, etc. In case the Company at any time or from time to time after the Initial Date date hereof shall declare or pay any dividend or other distribution on any class of stock of the Company Preferred Stock payable in Common Preferred Stock, or shall effect a subdivision of the outstanding shares of Common Preferred Stock into a greater number of shares of Common Preferred Stock (by reclassification or otherwise than by payment of a dividend in Common Preferred Stock), then, and in each such case, Additional Shares of Common Preferred Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.

Treatment of Stock Dividends, Stock Splits, etc. In case the Company Company, at any time or from time to time after the Initial Date date hereof, shall declare or pay any dividend or other distribution on any class of stock of the Company Capital Stock payable in Common Capital Stock, or shall effect a subdivision of the outstanding shares of Common Capital Stock into a greater number of shares of Common Capital Stock (by reclassification or otherwise than by payment of a dividend in Common Capital Stock), then, and in each such case, Additional Shares of Common Capital Stock shall be deemed to have been issued (a) in the case of any such dividend, immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend, or (b) in the case of any such subdivision, at the close of business on the day immediately prior to the day upon which such corporate action becomes effective.