Stock Distributions. If the Company makes any distribution of stock with respect to the Grant Shares by way of a stock dividend or stock split, or pursuant to any recapitalization, reorganization, consolidation, merger or otherwise, and the Grantee receives any additional shares of stock in the Company (or other shares of stock in another corporation) as a result thereof, such additional (or other) shares shall be deemed Grant Shares hereunder and shall be subject to the same restrictions and obligations imposed by this Agreement.
Stock Distributions. In connection with any Shelf or Shelf Takedown, if the Company shall receive a request from a Holder of Registrable Securities to effectuate a pro rata in-kind distribution for no consideration of such Registrable Securities pursuant to such Registration to its members, partners, stockholders, as the case may be, then the Company shall deliver or cause to be delivered to the transfer agent and registrar for the Registrable Securities an opinion of counsel to the Company reasonably acceptable to such transfer agent and registrar that any legend referring to the Act may be removed upon such distribution of such Registrable Securities pursuant to such Registration, provided that the distributee of such Registrable Securities is not and has not been for the preceding ninety (90) days an affiliate of Parent (as defined in Rule 405 promulgated under the Act). The Company’s obligations hereunder are conditioned upon the receipt of a representation letter reasonably acceptable to the Company from such Holder regarding such proposed pro rata in-kind distribution for no consideration of such Registrable Securities.
Stock Distributions. Any shares of Common Stock of the Corporation received by a Participant as a stock dividend, or as a result of stock splits, recapitalizations, combinations, exchanges of shares, reorganizations, mergers, consolidations or otherwise which are derived directly or indirectly from shares of Restricted Stock shall have the same status, be subject to the same restrictions, and shall bear the same legend as the shares of Restricted Stock and shall be delivered to the Escrow Agent to be held under the same terms and conditions as the Restricted Stock.
Stock Distributions. The Company has not distributed stock of another Person, or has had its stock distributed by another Person, in a transaction that was purported or intended to be governed in whole or in part by Code § 355 or Code § 361.
Stock Distributions. Following a pro rata in-kind distribution for no consideration by a Holder, the Company shall file a prospectus supplement to the applicable Prospectus within five (5) Business Days naming such distributee upon receiving from distributee (i) a certificate of joinder to this Agreement and (ii) Holder Information.
Stock Distributions. If at any time the Company pays or makes a dividend or distribution on all or any portion of its Stock or makes a dividend or other distribution on any other class of capital stock of the Company, which dividend or distribution includes Stock, the Exercise Price in effect at the opening of business on the day following the date fixed for the determination of shareholders entitled to receive such dividend or other distribution shall be decreased by multiplying such Exercise Price by a fraction, of which (i) the numerator shall be the number of shares of Stock outstanding at the close of business on the date fixed for such determination and (ii) the denominator shall be the sum of such number of shares of Stock and the total number of shares of Stock or other class of capital stock constituting such dividend or other distribution, such decrease to become effective immediately after the opening of business on the day following the date fixed for such determination. For purposes of this Section 5(a), the number of shares of Stock at any time outstanding shall not include shares held in treasury of the Company but shall include shares issuable in respect of scrip certificates, if any, issued in lieu of fractions of shares of Stock. If any dividend or other distribution of the type described in this Section 5(a) is declared, but not paid or made, the Exercise Price shall again be adjusted to be the Exercise Price which would then be in effect if such dividend or other distribution had not been declared.
Stock Distributions. If the Trustee shall receive, as a dividend or other distribution upon any Shares held by him under this Agreement, any additional shares of the Company's stock having voting power (as that term is defined in the California General Corporation Law), or convertible into or exchangeable for securities having such voting power, the Trustee shall hold the same subject to this Agreement in proportion to the Shareholders' respective interests as shown on the books of the Trustee. The Trustees shall issue Certificates with respect of such shares or other securities to the Shareholders as their interests may appear.
Stock Distributions. So long as any of the Escrow Shares are held by Escrow Agent under this Escrow Agreement, all stock dividends and distributions paid or made in respect of the Escrow Shares held by Escrow Agent (including all such dividends and distributions made in connection with any recapitalization, reclassification, split, combination or exchange of shares) shall be held by Escrow Agent as Escrow Shares. All such shares shall be issued in the name of Seller, shall bear the legend in the form attached hereto as Exhibit A, and shall be endorsed in blank for transfer and deposited with Escrow Agent as Escrow Shares hereunder.
Stock Distributions. No Banner Company has distributed stock of another Person, or has had its stock distributed by another Person, in a transaction that was purported or intended to be governed in whole or in part by Code §355 or Code §361.
Stock Distributions. Any shares of Common Stock or other securities of the Corporation received by the Nonemployee Director as a stock dividend, or in connection with a stock split or combination, share exchange, or other recapitalization which are derived directly or indirectly from shares of Restricted Stock shall have the same status, be subject to the same restrictions, and shall bear the same legend (or book-entry record) as the shares of Restricted Stock and, if certificated, shall be delivered to the Escrow Agent to be held under the same terms and conditions as the Restricted Stock.
