Common use of Adjustment to Prevent Dilution Clause in Contracts

Adjustment to Prevent Dilution. If, prior to the Effective Time, UCU shall declare a stock dividend or other similar distribution of shares of UCU Common Stock or securities convertible into shares of UCU Common Stock, or effect a stock split, reclassification, recapitalization, stock combination or other change with respect to the UCU Common Stock, the Exchange Ratio and the Average Trading Price, if applicable, shall be appropriately adjusted to reflect such dividend, distribution, stock split, reclassification, recapitalization, stock combination or other change.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Utilicorp United Inc), Merger Agreement (Empire District Electric Co)