Common use of No Reverse Split Clause in Contracts

No Reverse Split. For so long as any Securities remain outstanding the Company shall not effect any reverse stock split, stock combination or other similar reclassification of any class of the Company's Common Stock.

Appears in 1 contract

Sources: Securities Purchase Agreement (EnterConnect Inc)

No Reverse Split. For so long as any Securities remain outstanding Unless and until the Stockholder Approval is obtained, the Company shall not effect any reverse stock split, stock combination or other similar reclassification of any class of the Company's ’s Common Stock.

Appears in 1 contract

Sources: Amendment and Exchange Agreement (WorldSpace, Inc)