Common use of Stock Dividend Clause in Contracts

Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holder, upon Exercise of this Warrant after the record date for the determination of holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock as to which this Warrant is exercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 84 contracts

Samples: Commercialization Agreement (Patriot Scientific Corp), Warrant Antidilution Agreement (Greenland Corp), Omni Usa Inc

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Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holderthe Holder hereof, upon Exercise of this Warrant after the record date for the determination of holders Holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock as to which this Warrant is exercisedExercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised Exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 32 contracts

Samples: Securities Purchase Agreement (Harvest Restaurant Group Inc), Registration Rights Agreement (Viragen Inc), Warrant Agreement (Intercell Corp)

Stock Dividend. If the Company shall at any time declare a dividend payable in shares Common Equivalents on any class of Common Stockits capital stock, then Holder, upon Exercise of this Warrant after the record date for the determination of holders of Common Stock shareholders entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock Equivalents as to which this Warrant is exercised, such additional shares of Common Stock Equivalents as such Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.. (b)

Appears in 3 contracts

Samples: Medcare Technologies Inc, Medcare Technologies Inc, Medcare Technologies Inc

Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holderthe Holder hereof, upon Exercise exercise of this Warrant after the record date for the determination of holders Holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrantreceive, in addition to the number of shares of Common Stock as to which this Warrant is exercised, such additional shares of Common Stock as such the Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Alydaar Software Corp /Nc/), Alydaar Software Corp /Nc/, Shared Technologies Cellular Inc

Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holderthe Holder hereof, upon Exercise exercise of this Warrant after the record date for the determination of holders Holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrantreceive, in addition to the number of shares of Common Stock as to which this Warrant is exercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 3 contracts

Samples: Purchase Agreement (Interactive Entertainment LTD), Securities Purchase Agreement (Orthologic Corp), Purchase Agreement (Interactive Entertainment LTD)

Stock Dividend. If the Company shall at any time declare a dividend payable in shares Common Equivalents on any class of Common Stockits capital stock, then Holder, upon Exercise of this Warrant after the record date for the determination of holders of Common Stock shareholders entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock Equivalents as to which this Warrant is exercised, such additional shares of Common Stock Equivalents as such Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 3 contracts

Samples: Medcare Technologies Inc, Medcare Technologies Inc, Medcare Technologies Inc

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Stock Dividend. If the applicable Company shall at any time declare a dividend payable in shares of Common Stock, then Holder, upon Exercise of this Warrant after the record date for the determination of holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock as to which this Warrant is exercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised immediately prior to such record date and the Exercise Price will be proportionately adjusted.

Appears in 2 contracts

Samples: Franklin Telecommunications Corp, Franklin Telecommunications Corp

Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holderthe Holder hereof, upon Exercise of this Warrant after the record date for the determination of holders Holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrant, in addition to the number of shares of Common Stock as to which this Warrant is exercisedExercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised Exercised immediately prior to such record date and the Exercise Price will be proportionately adjusteddate.

Appears in 2 contracts

Samples: Big Smith Brands Inc, Catheter Technology Group Inc

Stock Dividend. If the Company shall at any time declare a dividend payable in shares of Common Stock, then Holderthe Holder hereof, upon Exercise exercise of this Warrant after the record date for the determination of holders Holders of Common Stock entitled to receive such dividend, shall be entitled to receive upon Exercise of this Warrantreceive, in addition to the number of shares of Common Stock as to which this Warrant is exercised, such additional shares of Common Stock as such Holder would have received had this Warrant been exercised immediately prior to such record date and and, in order to effect such right to additional shares, the Exercise Price will be proportionately adjusted.

Appears in 1 contract

Samples: Securities Purchase Agreement (Secure Computing Corp)

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