Recapitalization. All regular cash dividends on the Shares (or other securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganization, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 6, but only to the extent the Shares are at the time subject to the escrow requirements of Section 6.1 above.
Appears in 11 contracts
Sources: Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.)
Recapitalization. All regular cash dividends on the Purchased Shares (or other securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationa Corporate Transaction, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Purchased Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article Section 6, but only to the extent the Purchased Shares are at the time subject to the escrow requirements of Section 6.1 above6.1.
Appears in 4 contracts
Sources: Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc), Founder Stock Repurchase and Vesting Agreement (Paradigm Genetics Inc)
Recapitalization. All regular cash dividends on the Shares (or other ---------------- securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationconsideration, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 67, but only to the extent the Shares are at the time subject to the escrow requirements of Section 6.1 above7.1.
Appears in 3 contracts
Sources: Founder Stock Purchase Agreement (Gentle Dental Service Corp), Founder Stock Purchase Agreement (Gentle Dental Service Corp), Founder Stock Purchase Agreement (Gentle Dental Service Corp)
Recapitalization. All regular Any cash dividends on the Unvested Shares (or other securities at the time held in escrow) shall be paid directly to the Owner holder and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization recapitalization, or other change affecting the Company’s outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationconsideration, any new, substituted substituted, or additional securities or other property which is that by reason of such transaction is distributed with respect to the Unvested Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 6Section 4, but only to the extent the Unvested Shares are at the time subject to the escrow requirements of Section 6.1 above4.1.
Appears in 3 contracts
Sources: Founder Stock Purchase Agreement (CreditCards.com, Inc.), Founder Stock Purchase Agreement (CreditCards.com, Inc.), Founder Stock Purchase Agreement (CreditCards.com, Inc.)
Recapitalization. All regular cash dividends on the Shares (or ---------------- other securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationa Corporate Transaction, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 67, but only to the extent --------- the Shares are at the time subject to the escrow requirements of Section 6.1 7.1 ----------- above.
Appears in 2 contracts
Sources: Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc), Restricted Stock Purchase Agreement (Xcel Pharmaceuticals Inc)
Recapitalization. All regular Any cash dividends on the Shares (or other securities at the time held in escrow) shall be paid directly to the Owner Purchaser and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization recapitalization, or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganization, a Corporate Transaction any new, substituted substituted, or additional securities or other property which is by reason of such transaction event distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 6VII, but only to the extent the Shares are at the time subject to the escrow requirements of Section 6.1 aboveparagraph 7.1.
Appears in 1 contract
Sources: Founder's Restricted Stock Purchase Agreement (Synopsys Inc)
Recapitalization. All regular Any cash dividends on the Purchased Shares (or other securities at the time held in escrow) shall be paid directly to the Owner Purchaser and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization recapitalization, or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationconsideration, any new, substituted substituted, or additional securities or other property which is by reason of such transaction event distributed with respect to the Purchased Shares shall be immediately delivered to the Secretary of the Company any to be held in escrow under this Article 6VII, but only to the extent the Purchased Shares are at the time subject to the escrow requirements of Section 6.1 above7.1.
Appears in 1 contract
Sources: Restricted Stock Purchase Agreement (Columbia Hca Healthcare Corp/)
Recapitalization. All regular cash dividends on the Shares (or other securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationa Corporate Transaction, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 67, but only to the extent the Shares are at the time subject to the escrow requirements of Section 6.1 above7.1.
Appears in 1 contract
Recapitalization. All regular cash dividends on the Shares ▇▇▇▇▇▇▇'▇ shares ---------------- held in escrow (or other securities at the time held in escrow) shall be paid directly to the Owner ▇▇▇▇▇▇▇ and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationa Corporate Transaction, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares escrow shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 6Section 5, but only to the extent the Shares such shares are at the time subject to the escrow requirements of Section 6.1 aboveSubsection 5(a).
Appears in 1 contract
Sources: Stock Purchase and Restriction Agreement (Pilot Network Services Inc)
Recapitalization. All regular cash dividends on the Shares (or other ---------------- securities at the time held in escrow) shall be paid directly to the Owner and shall not be held in escrow. However, in the event of any stock dividend, stock split, recapitalization or other change affecting the Company’s 's outstanding Common Stock as a class effected without receipt of consideration or in the event of any corporate reorganizationa Corporate Transaction, any new, substituted or additional securities or other property which is by reason of such transaction distributed with respect to the Shares shall be immediately delivered to the Secretary of the Company to be held in escrow under this Article 67, but only to the extent the Shares are at the time subject to the escrow requirements of Section 6.1 above7.1.
Appears in 1 contract