Common use of Adjustment for Transaction Clause in Contracts

Adjustment for Transaction. Giving effect to the cancellation of the Cancelled Options, the remaining options held by the Holder shall be vested and shall be reclassified as options to purchase the number of Post Recapitalization Class C Stock set forth below the Holder's name on the signature page hereto under the heading "Option to Purchase Post Recapitalization Class C Stock." The Holder acknowledges that the adjustments contemplated by this Cancellation Agreement are in full satisfaction of Section 13 of the Option Plan, and except as provided in this Cancellation Agreement, the Holder shall have no further rights to any additional adjustments, cash proceeds or dilution rights in connection with the Transaction pursuant to the Option Plan or any of the Option Agreements. The Holder waives any dilution rights Holder may have pursuant to the Option Plan or the Option Agreement in connection with the Transaction.