Reverse Split; XXXX Sample Clauses

Reverse Split; XXXX. Notwithstanding anything herein to the contrary, the parties acknowledge that the Company may (i) elect to modify the Plan, or to otherwise seek the Court’s approval, to combine the Company’s common stock into a smaller number of shares (by combination, reverse share split or otherwise) (a “Stock Combination”), and/or (ii) so long as there has been no Termination Event, implement a Key Employee Incentive Plan consistent in all material respects with the description of the same in the e-mail message delivered by Xxxxxxx X. Xxxxxxx (Company counsel) to Xxxxx X. Xxxxxxx (counsel to the Consenting Noteholders) on November 12, 2009 at 5:29 p.m., and that neither shall constitute a Plan Modification Amendment or cause a Material Adverse Change. For the avoidance of doubt, upon any Stock Combination, the Company shall make appropriate adjustments to the Plan to conform the economic terms of the Plan to those set forth in the Plan on the date hereof, including, but not limited to, an appropriate increase in the exercise price of the Warrants (no adjustments to the percentages of shares set forth in Plan shall be made hereby). GSI GROUP INC., on behalf of itself and its affiliates and subsidiaries listed below By: /s/ Xxxxxx Xxxxxxxxx Name: Xxxxxx Xxxxxxxxx Title: President and Chief Executive Officer GSI Group Corporation MES International, Inc. XXXX CAPITAL PARTNERS, LP By: /s/ Xxxxxx Xxxx, Jr. Name: Xxxxxx Xxxx, Jr. Title: Managing Member LIBERTY HARBOR MASTER FUND I, L.P. By: Liberty Harbor I GP, LLC, its general partner By: /s/ Xxxxxxx XxXxxxxx Name: Xxxxxxx XxXxxxxx Title: Vice President TINICUM CAPITAL PARTNERS II, L.P. By: Tinicum Lantern II LLC, Its General Partner By: /s/ Xxxx Xxxxxxxxxx Name: Xxxx Xxxxxxxxxx Title: HIGHBRIDGE INTERNATIONAL LLC By: Highbridge Capital Management, LLC Its Trading Manager By: /s/ Xxxx X. Xxxxxxxx Name: /s/ Xxxx X. Xxxxxxxx Title: Managing Director SPECIAL VALUE CONTINUATION PARTNERS, L.P. By: Xxxxxxxxxx Capital Partners, LLC Its: Investment Manager SPECIAL VALUE EXPANSION FUND, LLC By: Xxxxxxxxxx Capital Partners, LLC Its: Investment Manager XXXXXXXXXX OPPORTUNITIES PARTNERS V, LP By: Xxxxxxxxxx Capital Partners, LLC Its: Investment Manager SPECIAL VALUE OPPORTUNITIES FUND, LLC By: Xxxxxxxxxx Capital Partners, LLC Its: Investment Manager Each of the above by: By: /s/ Xxxxxxxx Xxx Name: Xxxxxxxx Xxx Title: Partner Schedule 1 NOTEHOLDER ADDENDUM Reference is made to that certain Restructuring Plan Support Agreement (as amended...
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Related to Reverse Split; XXXX

  • Reverse Split The Company has taken all necessary corporate action to effectuate a reverse split of its issued and outstanding Common Stock and preferred stock on the basis of one (1) such share for each 2.67 shares of issued and outstanding Common Stock and Preferred Stock, as applicable (the “Reverse Split”), and such Reverse Split became effective on June 22, 2020.

  • Reverse Stock Split The Company has taken all necessary corporate action to effectuate a reverse stock split of its shares of Common Stock on the basis of one (1) such share for each [•] ([•]) issued and outstanding shares thereof (the “Reverse Stock Split”), such Reverse Stock Split to be effective no later than the first trading day of the Firm Shares following the date hereof.

  • Combination & Split Up The Registrar shall register the split-up or combination of ADRs (and of the ADSs represented thereby) on the books maintained for such purpose and the Depositary shall (x) cancel such ADRs and execute new ADRs for the number of ADSs requested, but in the aggregate not exceeding the number of ADSs evidenced by the ADRs canceled by the Depositary, (y) cause the Registrar to countersign such new ADRs and (z) Deliver such new ADRs to or upon the order of the Holder thereof, if each of the following conditions has been satisfied: (i) the ADRs have been duly Delivered by the Holder (or by a duly authorized attorney of the Holder) to the Depositary at its Principal Office for the purpose of effecting a split-up or combination thereof, and (ii) all applicable fees and charges of, and expenses incurred by, the Depositary and all applicable taxes and governmental charges (as are set forth in Section 5.9 and Exhibit B hereto) have been paid, subject, however, in each case, to the terms and conditions of the applicable ADRs, of the Deposit Agreement and of applicable law, in each case as in effect at the time thereof.

  • Stock Split All references to numbers of shares in this Agreement shall be appropriately adjusted to reflect any stock dividend, split, combination or other recapitalization affecting the Capital Stock occurring after the date of this Agreement.

  • Charter Amendment In the event there are insufficient shares of Common Stock authorized, unreserved and available for issuance upon exercise of this Warrant, the Company shall use its best efforts to effect an amendment of its certificate of incorporation so as to increase the authorized shares of Common Stock to accommodate such exercise.

  • Mergers, Recapitalizations, Stock Splits, Etc Pursuant and subject to Section 12 of the Plan, certain changes in the number or character of the Common Stock of the Company (through sale, merger, consolidation, exchange, reorganization, divestiture (including a spin-off), liquidation, recapitalization, stock split, stock dividend or otherwise) shall result in an adjustment, reduction or enlargement, as appropriate, in Participant’s rights with respect to any unexercised portion of the Option (i.e., Participant shall have such “anti-dilution” rights under the Option with respect to such events, but shall not have “preemptive” rights).

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