Common use of Adjustment Certificate Clause in Contracts

Adjustment Certificate. When any adjustment is required to be made in the Shares or the Exercise Price pursuant to this Section, Nettaxi shall promptly mail to Holder a certificate setting forth (i) a brief statement of the facts requiring such adjustment, (ii) the Exercise Price after such adjustment and (iii) the kind and amount of stock or other securities or property into which the Warrants shall be exercisable after such adjustment.

Appears in 4 contracts

Samples: Separation Agreement (Rae Systems Inc), Separation Agreement (Rae Systems Inc), Warrant Agreement (Nettaxi Inc)

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