Common use of Adjustment for Merger and Reorganization, etc Clause in Contracts

Adjustment for Merger and Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger (a “Reorganization Event”) involving the Company in which the Company’s common stock (but not the Series I Preferred Stock) is converted into or exchanged for securities, cash or other property, then each share of Series I Preferred Stock shall be deemed to have been converted into shares of the Company’s Common Stock at the Conversion Rate.

Appears in 2 contracts

Sources: Merger Agreement (Bowmo, Inc.), Merger Agreement (Bowmo, Inc.)

Adjustment for Merger and Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger (a “Reorganization Event”) involving the Company in which the Company’s common stock Common Stock (but not the Series I F Preferred Stock) is converted into or exchanged for securities, cash or other property, then each share of Series I F Preferred Stock shall be deemed to have been converted into shares of the Company’s Common Stock at the Conversion Rate.

Appears in 2 contracts

Sources: Share Exchange Agreement (Raadr, Inc.), Share Exchange Agreement (Raadr, Inc.)

Adjustment for Merger and Reorganization, etc. If there shall occur any reorganization, recapitalization, ,reclassification, consolidation or merger (a “Reorganization Event”) involving the Company in which the Company’s common stock (but not the Series I C Preferred Stock) is converted into or exchanged for securities, cash or other property, then each share of Series I C Preferred Stock shall be deemed to have been converted into shares of the Company’s Common Stock common stock at the Conversion Rate.

Appears in 1 contract

Sources: Asset Purchase Agreement (Code Green Apparel Corp)

Adjustment for Merger and Reorganization, etc. If there shall occur any reorganization, recapitalization, ,reclassification, consolidation or merger (a “Reorganization Event”) involving the Company in which the Company’s common stock (but not the Series I D Preferred Stock) is converted into or exchanged for securities, cash or other property, then each share of Series I D Preferred Stock shall be deemed to have been converted into shares of the Company’s Common Stock common stock at the Conversion Rate.

Appears in 1 contract

Sources: Asset Purchase Agreement (Code Green Apparel Corp)

Adjustment for Merger and Reorganization, etc. If there shall occur any reorganization, recapitalization, reclassification, consolidation or merger (a “Reorganization Event”) involving the Company in which the Company’s common stock (but not the Series I C Preferred Stock) is converted into or exchanged for securities, cash or other property, then each share of Series I C Preferred Stock shall be deemed to have been converted into shares of the Company’s Common Stock common stock at the Conversion Rate.

Appears in 1 contract

Sources: Director Agreement