Common use of Stock Dividends Clause in Contracts

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company Corporation payable in Common Stock (other than except for dividends or distributions upon the Common Stock) payable in Common Stock), Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationin a subdivision of outstanding shares as provided in paragraph (h) below.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common StockStock (except for the issue of stock dividends or distributions upon the outstanding Common Stock for which adjustment is made pursuant to paragraph 5F), Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securities, then any Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration, subject to this Section 5.

Stock Dividends. In Without duplication of the adjustment contemplated by clause (g) below, in case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the event the Company shall declare make or issue a dividend or make any other distribution upon any stock payable in Common Stock or securities of the Company (other than convertible into or otherwise exchangeable for the Common Stock) payable in Common Stock, Options or Convertible SecuritiesStock of the Company, then any such Common Stock, Options Stock or Convertible Securities, as the case may be, issuable other securities issued in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationconsideration (except for dividends payable in shares of Common Stock payable pro rata to holders of Preferred Stock and to holders of any other class of stock).

Stock Dividends. In case the Company shall declare a dividend or --------------- make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend --------------- or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock shares of the Company (other than the Common Stock) payable in Common StockShares, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, Shares issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In Without duplication of the adjustment contemplated by clause (f) below, in case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationin a subdivision of outstanding shares as provided in paragraph (h) below.

Stock Dividends. In case at any time the Company shall declare a dividend or make any other distribution upon any class or series of stock of the Company (other than the Common Stock) payable in Common Stock, Options Shares or Convertible Securities, then any Common Stock, Options Shares or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationconsideration with the effect on the Exercise Price specified in Section 2(a).

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stockcommon stock, Options or Convertible Securities, then any Common Stockcommon stock, Options or Convertible Securities, as the case may be, issuable in payment of such that dividend or distribution shall be deemed to have been issued issued, granted or sold without considerationconsideration and the Series A-1 Conversion Price and the Series B Conversion Price shall be adjusted accordingly under the provisions of this section 3(c).

Stock Dividends. In case at any time the Company shall declare a dividend or make any other distribution upon any class or series of stock of the Company (other than the Common Stock) payable in shares of Common Stock, Options Stock or Convertible Securities, then any shares of Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable Issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationin a subdivision of outstanding shares as provided in Paragraph (d) immediately preceding.

Stock Dividends. In case the Company shall declare a dividend or make --------------- any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securities, then any Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration, subject to this Section 6.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securitiesrights to subscribe for Common Stock or any stock or securities convertible or exchangeable for Common Stock, then any Common Stock, Options or Convertible Securities, as the case may be, issuable without consideration in payment of such dividend or distribution shall be deemed to have treated as having been issued or sold without consideration, and the Warrant Exercise Price shall be reduced as if the Corporation had subdivided its outstanding shares of Common Stock into a greater number of shares, as provided in paragraph (a) above.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common StockStock (except for the issue of stock dividends or distributions upon the outstanding Common Stock for which adjustment is made pursuant to Section 10), Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend --------------- or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securities, then any Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration, subject to Section 6.

Stock Dividends. In case at any time the Company shall --------------- declare a dividend or make any other distribution upon any class or series of stock of the Company (other than the Common Stock) payable in shares of Common Stock, Options Stock or Convertible Securities, then any shares of Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationfor $0.01 per share.

Stock Dividends. In case the Company shall declare a dividend or make ---------------- any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securities, then any Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration, subject to this Section 6.

Stock Dividends. In case the Company shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationconsideration and the Conversion Price then in effect shall be adjusted accordingly.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company Corporation payable in Common Stock (other than except for dividends or distributions upon the Common Stock) payable in Common Stock), Options or Convertible SecuritiesSecurities (except for dividends or distributions on the Series A Preferred), then any the Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationat consideration equal to $.01 per share.

Stock Dividends. In case the Company shall declare a dividend or make any nay other distribution upon any stock of the Company payable in Common Stock (other than except for dividends or distributions upon the Common Stock) payable in Common Stock), Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company shall declare a dividend --------------- or make any other distribution upon any stock of the Company payable in Common Stock (other than except for dividends or distributions upon the Common Stock) payable in Common Stock), Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration.

Stock Dividends. In case the Company Corporation shall declare a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) Corporation payable in Common Stock, Options or Convertible Securities, then any Common Stock, Options or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without consideration, and the Series B Conversion Price shall be reduced as if the Corporation had subdivided its outstanding shares of Common Stock into a greater number of shares, as provided in Section 2.7f hereof.

Stock Dividends. In case the Company event the Corporation shall declare make or issue a dividend or make any other distribution upon any stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securitiessecurities of the Corporation convertible into or otherwise exchangeable for the Common Stock of the Corporation, then any such Common Stock, Options Stock or Convertible Securities, as the case may be, issuable other securities issued in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationconsideration (except for dividends payable in shares of Common Stock payable pro rata to holders of Series B Preferred Stock and to holders of any other class of stock).

Stock Dividends. In case at any time the Company shall declare a dividend or make any other distribution upon any class or series of stock of the Company (other than the Common Stock) payable in Common Stock, Options Stock or Convertible Securities, then any Common Stock, Options Stock or Convertible Securities, as the case may be, issuable in payment of such dividend or distribution shall be deemed to have been issued or sold without considerationconsideration with the effect on the Option Exercise Price specified in Section 5(b).