Common use of Adjustment of Merger Consideration Clause in Contracts

Adjustment of Merger Consideration. If, subsequent to the date of this Agreement but prior to the Effective Time, the Outstanding Capital Stock shall have been changed into a different number of shares or a different class as a result of a stock split, reverse stock split, stock dividend, subdivision, reclassification, split, combination, exchange, recapitalization or other similar transaction, the applicable Exchange Ratios shall be appropriately adjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intercardia Inc), Agreement and Plan of Merger (Interneuron Pharmaceuticals Inc)

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Adjustment of Merger Consideration. If, subsequent to the date of this Agreement but prior to the Effective Time, the Outstanding Capital outstanding shares of Company Stock shall have been changed into a different number of shares or a different class as a result of a stock split, reverse stock split, stock dividend, subdivision, reclassification, split, combination, exchange, recapitalization or other similar transaction, the applicable Exchange Ratios Merger Consideration shall be appropriately adjustedadjusted so that the aggregate amount payable pursuant to this Agreement shall not have increased or decreased as a result of such adjustment.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (FMFG Ownership, Inc.), Agreement and Plan of Merger (First Montauk Financial Corp)

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Adjustment of Merger Consideration. IfIn the event that, ---------------------------------- subsequent to the date of this Agreement but prior to the Effective Time, the Outstanding Capital Stock outstanding Shares shall have been changed into a different number of shares or a different class as a result of a stock split, reverse stock split, stock dividend, subdivision, reclassification, split, combination, exchange, recapitalization or other similar transaction, the applicable Exchange Ratios Merger Consideration shall be appropriately adjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Dupont E I De Nemours & Co), Agreement and Plan of Merger (Dupont E I De Nemours & Co)

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