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

Stock Splits, Dividends and Combinations. If the Company shall at any time subdivide or combine the outstanding shares of its Common Stock, or shall issue a stock dividend on its outstanding shares of Common Stock, the number of shares of Conversion Equity issuable upon conversion of this Note and the Conversion Price immediately prior to such subdivision, combination or to the issuance of such stock dividend shall be appropriately adjusted to adequately reflect such subdivision or dividend effective at the close of business on the date of such subdivision, stock dividend or combination, as the case may be.

Stock Splits, Dividends and Combinations. If In the event that the Company shall at any time subdivide or combine the outstanding shares of its Common Stock, or shall issue pay or make a dividend or distribution on any class of capital stock of the Company in Common Stock, the Conversion Price in effect immediately prior to such subdivision or the issuance of such dividend on its shall be proportionately decreased, and in case the Company shall at any time combine the outstanding shares of Common Stock, the number of shares of Conversion Equity issuable upon conversion of this Note and the Conversion Price in effect immediately prior to such subdivision, combination or to the issuance of such stock dividend shall be appropriately adjusted to adequately reflect such subdivision or dividend proportionately increased, effective at the close of business on the date of such subdivision, stock dividend or combination, as the case may be.