Common use of Forward Stock Split Clause in Contracts

Forward Stock Split. Following the closing of the Contribution, the Company effected a 16.503906-for-1 forward split of its Common Stock in the form of a dividend, with the result that each share of the Company’s Common Stock outstanding immediately prior to the stock split became 16.503906 shares of its Common Stock immediately thereafter.

Forward Stock Split. Following As soon as practicable after the closing of the Contribution, the Company effected will effect a 16.503906-for-1 forward split of its Common Stock in the form of a dividend, with the result that each share of the Company’s Common Stock outstanding immediately prior to the stock split became will become 16.503906 shares of its Common Stock immediately thereafter.