Consolidation of Shares Sample Clauses

Consolidation of Shares. (a) All numbers of shares of DGI Common used in this Agreement are subject to reduction by the one for fifty consolidation to be approved at the 2005 Annual Meetings of Shareholders. (b) In addition to the foregoing, if, at any time prior to the Final Supplemental Closing, DGI (a) shall pay a stock dividend or otherwise make a distribution or distributions on shares of its Common Stock payable in shares of its capital stock, whether payable in shares of its Common Stock or of capital stock of any class, (b) subdivide outstanding shares of Common Stock into a larger number of shares, (c) combine outstanding shares of Common Stock into a smaller number of shares, or (d) issue reclassification of shares of Common Stock any shares of capital stock of the Company, the number of shares of DGI Common issuable hereunder shall be adjusted by multiplying the number of shares of DGI Common issuable by a fraction of which the numerator shall be the number of shares of DGI Common outstanding after such event and of which the denominator shall be the number of shares of DGI Common outstanding before such event.

Consolidation of Shares. If prior to the expiration of the Warrant by exercise or by its terms the Company decreases the number of outstanding shares of Common Stock by a combination, consolidation, or reclassification of shares, then, after the effective date of such combination, consolidation, or reclassification, the number of shares issuable upon the exercise of the Warrant shall be decreased to reflect proportionately such decrease in outstanding shares and the Exercise Price shall be correspondingly increased. The purpose of this subsection is to place the Holder in the same position after such combination, consolidation or reclassification as he would have been had he held all the shares issuable upon exercise of the Warrant immediately prior to such combination, consolidation or reclassification.

Consolidation of Shares. In the event of any consolidation or change of the common shares of the Optionor at any time prior to the Expiry Time into a lesser number of common shares, the number of common shares delivered by the Optionor on any exercise thereafter of the Option shall be reduced to such number of common shares as would have resulted from such consolidation or change if such exercise of the Option hereby granted had been prior to the record date of such consolidation or change.