Common use of Forward Stock Split Clause in Contracts

Forward Stock Split. Upon the execution of this Agreement, Buyer's Board of Directors shall authorize a 14 for 1 forward stock split of its common stock with the shareholder of record date being the close of business on May 31, 2004.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Ci Sell Cars Inc)

Forward Stock Split. Upon the execution of this Agreement, Buyer's ------------------- Board of Directors shall authorize a 14 for 1 forward stock split of its common stock with the shareholder of record date being the close of business on May 31, 2004.

Appears in 1 contract

Sources: Reorganization Agreement (Ci Sell Cars Inc)