Common use of Certain Dividends and Distributions Clause in Contracts

Certain Dividends and Distributions. In the event the Company at any time or from time to time after the date hereof shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, then and in each such event the Purchase Price then in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Purchase Price then in effect by a fraction:

Appears in 4 contracts

Samples: Lionbridge Technologies Inc /De/, Lionbridge Technologies Inc /De/, Lionbridge Technologies Inc /De/

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Certain Dividends and Distributions. In the event the Company at ----------------------------------- any time or from time to time after the date hereof Determination Date shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in additional shares of Common Stock, then and in each such event the Purchase Price then in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Purchase Price then in effect by a fraction:

Appears in 1 contract

Samples: Lionbridge Technologies Inc /De/

Certain Dividends and Distributions. In the event If the Company at any time or from time to time after the date hereof shall make or issueEffective Date makes, or fix fixes a record date for the determination of holders of Common Stock common stock entitled to receive, receive a dividend or other distribution payable in additional shares of Common Stockcommon stock, then and in each such event the Purchase number of shares of common stock subject to the Option shall be increased and the Exercise Price then in effect immediately before such event shall be decreased as of the time date of such issuance or, in the event such a record date shall have been is fixed, as of the close of business on such record date, by multiplying the Purchase Price then in effect by a fractionby:

Appears in 1 contract

Samples: Stock Option Agreement (Startronix International Inc)

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Certain Dividends and Distributions. In the event If the Company at any time or ----------------------------------- from time to time after the date hereof shall make or issueEffective Date makes, or fix fixes a record date for the determination of holders of Common Stock entitled to receive, receive a dividend or other distribution payable in additional shares of Common Stock, then and in each such event the Purchase number of shares of Common Stock subject to the Option shall be increased and the Exercise Price then in effect immediately before such event shall be decreased as of the time date of such issuance or, in the event such a record date shall have been is fixed, as of the close of business on such record date, by multiplying the Purchase Price then in effect by a fractionby:

Appears in 1 contract

Samples: Stock Option Agreement (Premier Laser Systems Inc)

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