Common use of Changes in Capital Stock Clause in Contracts

Changes in Capital Stock. If, prior to the Termination Date, the outstanding shares of Acuren Common Stock are changed into a different number of shares or a different class by reason of any reclassification, stock split (including a reverse stock split), recapitalization, split-up, combination, exchange of shares, readjustment or other similar transaction, or a stock dividend thereon shall be declared with a record date within such period, then the terms “Owned Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any Equity Securities into which or for which any or all of such shares may be converted, exchange or exercised or which are received in such transaction.

Appears in 3 contracts

Sources: Voting Support Agreement (Franklin Martin E), Voting Support Agreement (NV5 Global, Inc.), Voting Support Agreement (NV5 Global, Inc.)

Changes in Capital Stock. If, prior to the Termination Date, the outstanding shares of Acuren NV5 Common Stock are changed into a different number of shares or a different class by reason of any reclassification, stock split (including a reverse stock split), recapitalization, split-up, combination, exchange of shares, readjustment or other similar transaction, or a stock dividend thereon shall be declared with a record date within such period, then the terms “Owned Shares” and “Covered Shares” shall be deemed to refer to and include such shares as well as all such stock dividends and distributions and any Equity Securities into which or for which any or all of such shares may be converted, exchange or exercised or which are received in such transaction.

Appears in 1 contract

Sources: Voting Support Agreement (Acuren Corp)