Share Amounts Clause Samples
The 'Share Amounts' clause defines the specific number or proportion of shares that are allocated to parties under an agreement. It typically outlines how many shares each party is entitled to receive, whether as part of an initial issuance, a transfer, or upon the occurrence of certain events such as vesting or investment. For example, it may specify that an investor receives a set number of shares in exchange for their capital contribution. The core function of this clause is to ensure clarity and prevent disputes by explicitly stating each party's share entitlement.
Share Amounts. All share amounts in this Agreement shall be adjusted automatically on a proportionate basis to take into account any stock split, reverse stock split, stock dividend or other similar transaction with respect to Company common stock or any similar change in capitalization with respect to the Company that occurs during the term of this Agreement.
Share Amounts. All references in this Amendment to shares of Company Common Stock shall be appropriately adjusted for any stock dividends, splits, reverse splits, combinations, recapitalizations and the like occurring after the date hereof.
Share Amounts. Subject to the terms and conditions set forth in this Agreement, at the Closing, the Company shall issue and sell to each Purchaser, and each Purchaser shall, severally and not jointly, purchase from the Company, (i) the number of ADSs equal to the quotient resulting from dividing (A) the ADS Subscription Amount for such Purchaser by (B) the Purchase Price, rounded down to the nearest whole Share and, at the option of each Purchaser, (ii) the number of Series A Preferred Shares equal to the quotient resulting from dividing (A) the Series A Subscription Amount for such Purchaser by (B) the Purchase Price, rounded down to the nearest whole Share. The foregoing amounts are set forth on Exhibit A hereto.