Stock Adjustment. If there is any change in the number of issued and outstanding shares of Common Stock by reason of any stock split, stock dividend, recapitalization or other similar transaction, then the number of shares of Common Stock subject to the Options and the Exercise Price shall be proportionately adjusted.
Stock Adjustment. In the event of any change in Common Stock of the Corporation, by reason of a stock split, stock dividend, recapitalization, exchange of shares, or other transaction, the number of shares remaining subject to the option and the option price per share shall be appropriately adjusted by the Board of Directors.
Stock Adjustment. In the event that during the term of this Pledge Agreement any stock dividend, reclassification, readjustment or other change is declared or made in the capital structure of the Company, all new, substituted and additional shares or other securities issued by reason of any such changes in the Collateral shall be held by the Company under the terms of this Pledge Agreement in the same manner as the Shares originally transferred hereunder.
Stock Adjustment. If the aggregate number of shares of Parent Common Stock to be issued in connection with the Merger (including all shares of Parent Common Stock which may be issued after the Effective Time pursuant to Company Compensatory Awards) would exceed nineteen and nine tenths percent (19.9%) of the issued and outstanding shares of Parent Common Stock immediately prior to the Effective Time (the “Stock Threshold”), (A) the Exchange Ratio shall be reduced to the minimum extent necessary (rounded down to the nearest one thousandth) such that the aggregate number of shares of Parent Common Stock to be issued in connection with the Merger (including all shares of Parent Common Stock which may be issued after the Effective Time pursuant to Company Compensatory Awards) does not exceed the Stock Threshold and (B) the Cash Consideration for all purposes under this Agreement will be increased on a per share basis by an amount equal to $68.975 (the closing price of Parent Common Stock on March 9, 2018), multiplied by the difference between the initial Exchange Ratio and the Exchange Ratio as determined in accordance with this Section 2.7(e) (rounded down to the nearest one-hundredth of a cent).
Stock Adjustment. If, on the date the registration statement described in Paragraph 4.2 becomes effective (the "Registration Date"), the average of the reported closing bid and asked prices (the "Effective Price") for the stock described in Paragraph 6.3.6 is less than TWO AND 78/100 ($2.78) DOLLARS per share, the difference in value shall be accounted for by Buyer to Sellers either by (i) the payment of cash equal to the difference or (ii) the delivery to Sellers of the number of shares of the $0.10 par value common stock of Buyer with an aggregate Effective Price on the Registration Date equal to such difference. The method by which Buyer accounts to Sellers shall be within the sole discretion of Buyer. If Buyer elects to deliver additional shares, Buyer shall register those shares for resale at the time the next registration statement for securities of Buyer is filed by Buyer with the Securities Exchange Commission.
Stock Adjustment. Annual obsolescence stock return for filter product will be allowed in the amount of five percent (5%) of the previous year’s purchases. No handling charge will be assessed for goods in salable condition. Salable condition is defined as packaging that is clean and free of all pricing stickers, marks, scratches, and in good physical condition.
Stock Adjustment. If the Company shall issue any additional shares of stock by way of a stock dividend on, or split-up, subdivision, or reclassification of outstanding common shares, then the option shall be deemed to cover such additional shares to the extent that the same would have been issued to Optionee had such option been exercised in its entirety at the time of such issuance of additional shares, and there shall be a corresponding proportionate adjustment of the option price per share set forth above so that in the aggregate the option price for all Shares then covered shall be the same as the aggregate option price for the Shares remaining subject to such option immediately prior to the issuance of such additional shares.
Stock Adjustment. Supplier shall accept a return of any Products that are declared “obsolete” by Supplier. Such return shall occur no less often than once per year and shall include any items declared “obsolete” by Supplier or by Supplier’s predecessor. *** Supplier shall accept a return of any of Customer’s inventory where the Supplier’s provided Product is not an exact duplicate of the preceding supplier and Customer shall purchase replacement Product for such items from Supplier. *** Supplier shall accept a return of any remaining inventory that was purchased from the preceding supplier. All returns contemplated in this Section 13 shall be reimbursed to Customer at the Customer’s then average cost per item, and a credit shall be issued in full to Customer ***, Section 12 not withstanding.
Stock Adjustment. If, after the Agreement Date and prior to the Closing Date, the Buyer is recapitalized or reclassified or Buyer effects any stock dividend, stock split, or reverse stock split or otherwise effects any transaction that changes its common stock into any other securities (including securities of another corporation), then the Share Consideration to be delivered to Seller under this Agreement will be appropriately and equitably adjusted to the kind and amount of shares of stock and other securities and property which the Seller would have been entitled to receive had the shares comprising the Share Consideration been issued and outstanding as of the record date for determining stockholders entitled to participate in such corporate event.
Stock Adjustment. In the event the CELZ Trading Price shall be less than $0.01 per share for two or more consecutive trading days, the number of any shares CELZ Stock issuable as payment under this Section 5 or Section 3.2 shall double.
