Stock Split definition

Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Stock Split shall have the meaning specified in the Recitals.

Examples of Stock Split in a sentence

Not later than the first trading day of the Firm Shares following the date hereof, the Reverse Stock Split shall be effective.
If the Company shall at any time effect a recapitalization, reclassification or other similar transaction of such character that the shares of Common Stock shall be changed into or become exchangeable for a smaller number of shares (a "Reverse Stock Split"), then upon the effective date thereof, the number of shares of Common Stock which Holder shall be entitled to purchase upon Exercise of this Warrant shall be proportionately decreased and the Exercise Price shall be proportionally increased.
Adjustment of Exercise Price for Stock Dividend, Stock Split or Stock Combination.
No further approval or authorization of any stockholder, the Board of Directors or others is required in order to effect the Reverse Stock Split.
If the Company shall at any time effect a recapitalization, reclassification or other similar transaction of such character that the shares of Common Stock shall be changed into or become exchangeable for a SMALLER number of shares (a "Reverse Stock Split"), then upon the effective date thereof, the number of shares of Common Stock which Holder shall be entitled to purchase upon Exercise of this Warrant shall be proportionately decreased and the Exercise Price shall be proportionally increased.

Stock Split means any kind of stock split in relation to the Shares, including a bonus share distribution, a stock dividend or a sub-division of Shares.

Stock Split shall have the meaning set forth in Section 2.1 hereof.

Stock Split means that certain two-for-one stock split in the form of a stock dividend paid on July 26, 1999 to stockholders of record on July 12, 1999 effected by the Company with respect to its Class A Common Stock.

Stock Split means the three-for-two split of the Stock that was approved by the Board effective as of September 5, 2014.

Stock Split means a stock split by REE to cause the value of the outstanding REE Class A Ordinary Shares immediately prior to the Effective Time to equal $10.00 per share.

Stock Split has the meaning set forth in the preamble.