Common use of Subdivision or Combination of Stock Clause in Contracts

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 15 contracts

Samples: Security Agreement (Miscor Group, Ltd.), Non Qualified Stock Option Agreement (ImmunoCellular Therapeutics, Ltd.), Crystal International Travel Group, Inc.

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Subdivision or Combination of Stock. In case the Company Corporation shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 6 contracts

Samples: Agreement (Med E America Corp), Agreement (Med E America Corp), Agreement (Med E America Corp)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of sharesshares (by reverse stock split or otherwise), the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 6 contracts

Samples: License Agreement (Histogenics Corp), Reorganization Agreement (Thomas Weisel Partners Group, Inc.), Reorganization Agreement (Thomas Weisel Partners Group, Inc.)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reducedreduced and the number of Warrant Shares issuable hereunder proportionately increased, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increasedincreased and the number of Warrant Shares issuable hereunder proportionately decreased.

Appears in 4 contracts

Samples: Neurobiological Technologies Inc /Ca/, Neurobiological Technologies Inc /Ca/, Neurobiological Technologies Inc /Ca/

Subdivision or Combination of Stock. In case the Company Corporation shall at any time subdivide its outstanding shares of Common Stock into a greater number of sharesshares by way of stock split, stock dividend or similar event, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of sharesshares by way of reverse stock split or similar event, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 3 contracts

Samples: Clearview Cinema Group Inc, Clearview Cinema Group Inc, Hollis Eden Pharmaceuticals Inc /De/

Subdivision or Combination of Stock. In case the Company Optionor shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Optionor shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Stock Option Agreement (Netter Digital Entertainment Inc), Stock Option Agreement (Netter Digital Entertainment Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Preferred Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Preferred Stock of the Company shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reducedreduced and, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Registration Rights Agreement (Electric City Corp), Warrant Purchase Agreement (Augment Systems Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common the Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common the Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: On Stage Entertainment Inc, On Stage Entertainment Inc

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Convertible Bridge Note and Warrant Purchase Agreement (Excaliber Enterprises, Ltd.), Senior Convertible Bridge Note and Warrant Purchase (Excaliber Enterprises, Ltd.)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Beyond Air, Inc., Beyond Air, Inc.

Subdivision or Combination of Stock. In case the Company Optionor shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price Prices in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Optionor shall be combined into a smaller number of shares, the Exercise Price Prices in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Stock Option Agreement (Netter Digital Entertainment Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of the Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: On Stage Entertainment Inc

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Subdivision or Combination of Stock. In case If and whenever the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Relationship Agreement (Iphysician Net Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend, or otherwise) its outstanding shares of Common Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Bev Tyme Inc

Subdivision or Combination of Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend, or otherwise) its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Bev Tyme Inc

Subdivision or Combination of Stock. In case the event that the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Business Consultant Services Agreement (BigString CORP)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, each of the Exercise Price and the Acceleration Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, each of the Exercise Price and the Acceleration Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Exchange Agreement (Ramsay Health Care Inc)

Subdivision or Combination of Stock. In case the Company Corporation ----------------------------------- shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Core Inc

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Management Agreement (Ramsay Health Care Inc)

Subdivision or Combination of Stock. In case If the Company shall at any time subdivide splits or subdivides its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such split or subdivision shall be proportionately reducedreduced and the number of Shares issuable hereunder proportionately increased, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increasedincreased and the number of Shares issuable hereunder proportionately decreased.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Nz Corp)

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