Common use of Stock Dividends and Stock Splits Clause in Contracts

Stock Dividends and Stock Splits. If the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 5 contracts

Samples: Qualified Stock Option Agreement (Ionics Inc), Employment Agreement (Ionics Inc), Employment Agreement (Ionics Inc)

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Stock Dividends and Stock Splits. If the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares shares, or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 3 contracts

Samples: Employment Agreement (Railamerica Inc /De), Separation Agreement (Railamerica Inc /De), Executive Employment Agreement (Railamerica Inc /De)

Stock Dividends and Stock Splits. If the Company, at any time while this Agreement is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock shall be subdivided or combined into a greater or smaller number on shares of shares or if the Company shall issue any Common Stock, (ii) subdivides outstanding shares of Common Stock as into a stock dividend on its outstanding Common Stock, the larger number of shares, or (iii) combines (including by way of a reverse stock split) outstanding shares of Common Stock deliverable upon into a smaller number of shares, then the exercise number of Shares of Common Stock issuable to Sament pursuant to this option Agreement shall be appropriately increased or decreased automatically adjusted proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 2 contracts

Samples: Option Agreement #1 (Edible Garden AG Inc), Option Agreement #2 (Edible Garden AG Inc)

Stock Dividends and Stock Splits. If the shares of Common Stock -------------------------------- shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option the Option shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 2 contracts

Samples: Non Qualified Stock Option Grant Agreement (Segue Software Inc), Non Qualified Stock Option Grant Agreement (Segue Software Inc)

Stock Dividends and Stock Splits. If the shares of the Company's Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (First Scientific Inc)

Stock Dividends and Stock Splits. If the shares of Common Stock shall -------------------------------- be subdivided or combined into a greater or smaller number of shares or if the Company Corporation shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option the Option shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase option price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Non Qualified Option Agreement (Curagen Corp)

Stock Dividends and Stock Splits. If (i) the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, or (ii) additional shares or new or different shares or other securities of the Company or other non-cash assets are distributed with respect to such shares of Common Stock, each Unit and the number of shares of Common Stock deliverable upon the exercise of this option thereunder shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividendevents.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Hydrofarm Holdings Group, Inc.)

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Stock Dividends and Stock Splits. If the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Versatility Inc)

Stock Dividends and Stock Splits. If the shares of Common Stock -------------------------------- shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock deliverable upon the exercise of this option Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Reorganization Agreement (Infoseek Corp /De/)

Stock Dividends and Stock Splits. If the shares of Common Stock shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock as a stock dividend on its outstanding Common Stock, the number of shares of Common Stock Shares deliverable upon the exercise of this option the Option shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Stock Option Agreement (Ade Corp)

Stock Dividends and Stock Splits. If the shares of Common Stock common stock -------------------------------- of the Company shall be subdivided or combined into a greater or smaller number of shares or if the Company shall issue any shares of Common Stock common stock as a stock dividend on its outstanding Common Stockcommon stock, the number of shares of Common Stock common stock deliverable upon the exercise of this option the Options shall be appropriately increased or decreased proportionately, and appropriate adjustments shall be made in the purchase price per share to reflect such subdivision, combination or stock dividend.

Appears in 1 contract

Samples: Stock Option Agreement (CPC of America Inc)

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