Common use of Stock Adjustments Clause in Contracts

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the issuing corporation, all new, substituted and additional shares or other securities issued with respect to the Stock by reason of any such change shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Stock.

Appears in 5 contracts

Sources: Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company), Common Stock Purchase Agreement (Nuway Energy Inc)

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the issuing corporationCompany, all new, substituted and additional shares or other securities issued with respect to the Stock Pledged Shares by reason of any such change shall be delivered to and held by Pledgee the Pledgeholder for the benefit of the Secured Parties under the terms of this Agreement in the same manner as the StockPledged Shares.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Lothian Oil Inc), Securities Purchase Agreement (United Heritage Corp), Securities Purchase Agreement (United Heritage Corp)

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the issuing corporation, all new, substituted and additional shares or other securities issued with respect to the Stock by reason of any such change shall be delivered to and held by Pledgee under the terms of this Agreement in the same manner as the Stock.

Appears in 3 contracts

Sources: Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company), Stock Pledge Agreement (Staar Surgical Company)

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the issuing corporation, all new, new substituted and additional shares or other securities issued with respect to the Stock by reason of any such change shall be delivered to Pledgeholder and held by Pledgee Pledgeholder under the terms of this Agreement in the same manner as the Stock.

Appears in 2 contracts

Sources: Stock Pledge/Security Agreement (Staar Surgical Company), Stock Pledge/Security Agreement (Staar Surgical Company)

Stock Adjustments. In the event that, during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, or other change is declared or made in the capital structure of the issuing corporation, all new, new substituted and additional shares or other securities issued with respect to the Stock by reason of any such change shall be delivered to and held by Pledgee Pledgeholder under the terms of this Agreement in the same manner as the Stock.

Appears in 1 contract

Sources: Stock Pledge/Security Agreement (Staar Surgical Company)

Stock Adjustments. In the event that, that during the term of this ----------------- Agreement, any stock dividend, reclassification, readjustment, readjustment or other change is declared or made in the capital structure of any of the issuing corporationCompanies, or any Option is exercised, all new, new substituted and additional shares shares, options, or other securities securities, issued with respect to the Stock by reason of any such change or exercise shall be delivered to and held by Pledgee Secured Party under the terms of this Agreement in the same manner as the StockCollateral originally pledged.

Appears in 1 contract

Sources: Security Agreement