Adjustment by Board of Directors. If any event occurs as to which, in the opinion of the Board of Directors of the Company, the provisions of this Section 3 are not strictly applicable or if strictly applicable would not fairly protect the rights of the holder of this Warrant in accordance with the essential intent and principles of such provisions, then the
Appears in 4 contracts
Samples: Warrant Agreement (Workscape Inc), Warrant Agreement (Workscape Inc), Warrant Agreement (Workscape Inc)
Adjustment by Board of Directors. If any event occurs as to which, in the opinion of the Board of Directors of the Company, the provisions of this Section 3 are not strictly applicable or if strictly applicable would not fairly protect the rights of the holder of this Principal Warrant in accordance with the essential intent and principles of such provisions, then thethe Board of Directors shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such rights as aforesaid.
Appears in 3 contracts
Samples: Warrant Agreement (Coventry Corp), Warrant Agreement (Principal Mutual Life Insurance Co), Warrant Agreement (Coventry Health Care Inc)
Adjustment by Board of Directors. If any event occurs as to which, in the opinion of the Board of Directors of the CompanyCompany and as agreed by the Holder, the provisions of this Section 3 4 are not strictly applicable or if strictly applicable would not fairly protect the rights of the holder of this Warrant Holder in accordance with the essential intent and principles of such provisions, then thethe Board of Directors may make such adjustment in the application of such provisions, in accordance with such essential intent and principles, as it deems appropriate so as to protect such rights as aforesaid.
Appears in 1 contract
Samples: Warrant Agreement (United States Lime & Minerals Inc)
