Common use of Stock Splits, Dividends and Combinations Clause in Contracts

Stock Splits, Dividends and Combinations. In case the Corporation shall at any time subdivide the outstanding shares of common stock, or shall issue a stock dividend on its outstanding common stock, the Conversion Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and in case the Corporation shall at any time combine the outstanding shares of common stock, the Conversion Price in effect immediately prior to such combination shall be proportionately increased, effective at the close of business on the date of such subdivision, dividend or combination.

Appears in 1 contract

Sources: Merger Agreement (Puma Technology Inc)

Stock Splits, Dividends and Combinations. In case the Corporation shall at any time subdivide the outstanding shares of common stockCommon Stock, or shall issue a stock dividend on its outstanding common stockCommon Stock, the Series G Conversion Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and in case the Corporation shall at any time combine the outstanding shares of common stockCommon Stock, the Series G Conversion Price in effect immediately prior to such combination shall be proportionately increased, effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 1 contract

Sources: Stock Purchase Agreement (Fiskars Oy Ab)

Stock Splits, Dividends and Combinations. In case the Corporation shall at any time subdivide the outstanding shares of common stockCommon Stock, or shall issue a stock dividend on its outstanding common stockCommon Stock, the Series G Conversion Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and in case the Corporation shall at any time combine the outstanding shares of common stockCommon Stock, the Series G Conversion Price in effect immediately prior to such combination shall be proportionately increased, effective at the close of business on the date of such subdivision, dividend or combination., as the case may be. 2. Non-Cash Dividends,

Appears in 1 contract

Sources: Stock Purchase Agreement (Exide Electronics Group Inc)