Common use of Adjustment Shares Clause in Contracts

Adjustment Shares. If the Adjustment Price shall fall more than two and a half percent (2.5%) below the Purchase Price in respect of shares of Common Stock purchased by the Investor on any Closing Date, then the Investor shall be issued Adjustment Shares equal to the difference between the number of shares purchased on the last Closing Date and the amount that would have been purchased if the Purchase Price had been the Adjustment Price. The Adjustment Shares shall be promptly issued to Investor within 12 Trading Days of the determination more shares are due the Investor.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Famous Fixins Inc), Stock Purchase Agreement (Famous Fixins Inc)

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Adjustment Shares. If the Adjustment Price shall fall more than two and a half five percent (2.5%) below the Purchase Price in respect of shares of Common Stock purchased by the Investor on any Closing Date, then the Investor shall be issued Adjustment Shares equal to the difference between the number of shares purchased on the last Closing Date and the amount that would have been purchased if the Purchase Price had been the Adjustment Price. The Adjustment Shares shall be promptly issued to Investor within 12 Trading Days of the determination more shares are due the InvestorClosing Date.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American Water Star Inc), Stock Purchase Agreement (Integrated Technology Group)

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Adjustment Shares. If the Adjustment Price shall fall ----------------- more than two and a one half percent (2.5%) below the Purchase Price in respect of shares of Common Stock purchased by the Investor on any Closing Date, then the Investor shall be issued Adjustment Shares equal to the difference between the number of shares purchased on the last Closing Date and the amount that would have been purchased if the Purchase Price had been the Adjustment Price. The Adjustment Shares shall be promptly issued to Investor within 12 Trading Days of the determination more shares are due the InvestorClosing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cbcom Inc)

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