Common use of Additional Shares of Stock Clause in Contracts

Additional Shares of Stock. In the event additional shares of Common Stock are issued by GeoResources to a Shareholder or any Affiliate of that Shareholder, at any time during the term of this Agreement, either directly or upon the exercise or exchange of securities of GeoResources exercisable for or exchangeable into shares of Stock, GeoResources will cause such additional shares of Common Stock, as a condition to such issuance, to become subject to the terms and provisions of this Agreement by requiring all persons to whom such shares are to be issued to enter into a Joinder Agreement in the form attached hereto as Exhibit A.

Appears in 1 contract

Sources: Shareholders Agreement (Vlasic FAL L.P.)

Additional Shares of Stock. In the event additional shares of Common Stock are issued by GeoResources to a Shareholder or any Affiliate of that Shareholder, at any time during the term of this Agreement, either directly or upon the exercise or exchange of securities of GeoResources exercisable for or exchangeable into shares of Stock, GeoResources the Shareholder will cause such additional shares of Common Stock, as a condition to such issuance, to become subject to the terms and provisions of this Agreement by requiring all persons to whom such shares are to be issued to enter into a Joinder Agreement in the form attached hereto as Exhibit A.

Appears in 1 contract

Sources: Stock Grant and Shareholder Agreement (Chandler Collis Paul III)