Common use of Subdivision or Combination Clause in Contracts

Subdivision or Combination. If Company subdivides or combines, by reclassification, stock split or dividend, or otherwise, the number of Warrant Shares outstanding into a greater or lesser number, simultaneously in each such case the Exercise Price and the Exercise Quantity shall both be proportionately adjusted.

Appears in 4 contracts

Sources: Master Loan and Security Agreement (Parker Clay Global, PBC), Warrant Agreement (Zoosk, Inc), Warrant Agreement (Zoosk, Inc)