Common use of No Reverse Split Clause in Contracts

No Reverse Split. There shall be no reverse split of the common stock of the public corporation for six months from the date the transaction closes, without mutual consent as defined in this paragraph. "Original Shareholders" means the shareholders of HEXC, immediately before the issuance of any shares for acquistion. "Remaining Original Shareholders" means original shareholders remaining as shareholders, as of the record date for any proposed reverse split. "Mutual Consent" means two-thirds of the remaining original shareholders.