Common use of Adjustment of Exchange Ratio Clause in Contracts

Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 3 contracts

Samples: Merger Agreement (Tellabs Inc), Merger Agreement (True North Communications Inc), Merger Agreement (Ciena Corp)

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Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio Ratio, as so adjusted.

Appears in 2 contracts

Samples: Merger Agreement (Concord Efs Inc), Merger Agreement (Concord Efs Inc)

Adjustment of Exchange Ratio. In the event of any reclassification, recapitalization, stock split or split, stock combination, stock dividend or share exchange with respect to Parent PEC Common Stock or any change or conversion of Parent UTI Common Stock into other securities Stock, as the case may be, (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Samples: Merger Agreement (Uti Energy Corp), Merger Agreement (Patterson Energy Inc)

Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record between the date with respect to any of the foregoing should occur) prior to hereof and the Effective Time, appropriate and proportionate adjustments, if any, shall be made by Parent to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Samples: Merger Agreement (Coherent Communications Systems Corp), Merger Agreement (Tellabs Inc)

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Adjustment of Exchange Ratio. In the event of any reclassification, recapitalization, stock split or split, stock combination, stock dividend or share exchange with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities Company Shares, as the case may be, (or if a record date with respect to any of the foregoing should occur) subsequent to the date of this Agreement but prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 1 contract

Samples: Merger Agreement (TMBR Sharp Drilling Inc)

Adjustment of Exchange Ratio. In the event of any ---------------------------- reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 1 contract

Samples: Merger Agreement (Interpublic Group of Companies Inc)

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