Example ContractsClausesfractional shares; effect of conversionIdentical
Fractional Shares; Effect of Conversion
Fractional Shares; Effect of Conversion contract clause examples

Fractional Shares; Effect of Conversion. No fractional shares shall be issued upon conversion of this Note. In lieu of [[Loan Agreement:Organization]] issuing any fractional shares to Holder upon the conversion of this Note, [[Loan Agreement:Organization]] shall pay to Holder an amount equal to the product obtained by multiplying the Conversion Price by the fraction of a share not issued pursuant to the previous sentence. Upon conversion of this Note in full and the payment of the amounts specified in this [Section 9(f)], [[Loan Agreement:Organization]] shall be forever released from all its obligations and liabilities under this Note.

VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: January 8, 2019 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: March 7, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: March 2, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: March 20, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: June 15, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: April 18, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: May 30, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: July 31, 2018 • SIC: 7330 • CIK: 7330
VIASPACE Inc. (VSPC) (CIK 0001270200)
Source: SEC EDGAR database • Date: June 13, 2019 • SIC: 7330 • CIK: 7330

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.