Common use of Necessary Adjustments Clause in Contracts

Necessary Adjustments. If, after the date hereof, the Company shall (a) issue or deliver any shares of its Common Stock as a result of the declaration or payment of a dividend of Common Stock payable in, or other distribution to holders of Common Stock of, shares of Common Stock, (b) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (c) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, (d) issue any shares of capital stock in a reclassification of the Common Stock, or (e) undertake any similar transaction, then the threshold amounts described in Section 4.1(b) shall be proportionately adjusted.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Complete Business Solutions Inc), Stock Purchase Agreement (CDR Cookie Acquisition LLC)