Common use of Reverse Stock Split Clause in Contracts

Reverse Stock Split. If at any time the last closing trade price for the Common Stock on the Trading Market as reported by the Trading Market is less than $1.00, the Company shall promptly call a meeting of the stockholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock such that the trade price of the Common Stock will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder approval, shall use its best efforts to promptly effect a Reverse Split.

Reverse Stock Split. If at any time the last closing trade price for the Common Stock Ordinary Shares on the Trading Market as reported by the Trading Market is less than $1.00, the Company shall promptly call a meeting of the stockholders shareholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock Ordinary Shares such that the trade price of the Common Stock Ordinary Shares will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder approvalShareholder Approval, shall use its best commercially reasonable efforts to promptly effect a Reverse Split.

Reverse Stock Split. If at any time the last closing trade price for the Common Stock Ordinary Shares on the Trading Market as reported by the Trading Market is less than $1.00, the Company shall promptly call a meeting of the stockholders shareholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock Ordinary Shares such that the trade price of the Common Stock Ordinary Shares will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder shareholder approval, shall use its best efforts to promptly effect a Reverse Split.

Reverse Stock Split. If at any time the last closing trade price for the Common Stock on the Trading Market as reported by the Trading Market is less than $1.000.25, the Company shall promptly call a meeting of the stockholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock such that the trade price of the Common Stock will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder approval, shall use its best efforts to promptly effect a Reverse Split.

Reverse Stock Split. If at any time the last closing trade price for the Common Stock Shares on the Trading Market as reported by the Trading Market is less than $1.00, the Company shall promptly call a meeting of the stockholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock Shares such that the trade price of the Common Stock Shares will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder approval, shall use its best efforts to promptly effect a Reverse Split. The Investor acknowledges that the Company can make no guarantees regarding whether it will be successful in receiving Stockholder Approval to effect any such Reverse Split.

Reverse Stock Split. If at any time the last closing trade price for the Common Stock on the Trading Market as reported by the Trading Market is less than $1.001.00 for 10 consecutive Trading Days, the Company shall promptly as soon as is reasonably practicable thereafter call a meeting of the stockholders of the Company for purposes of approving a reverse stock split of the shares of Common Stock such that the trade price of the Common Stock will be at least $2.00 (a “Reverse Split”) and, subject to receipt of stockholder approval, shall use its best efforts to promptly effect a Reverse Split.