Common use of Adjustment of Number of Warrant Shares Upon Issuance of Additional Shares of Common Clause in Contracts

Adjustment of Number of Warrant Shares Upon Issuance of Additional Shares of Common. In the event that prior to the exercise of this Warrant, the Company shall issue Additional Shares of Common (as defined below) (including Additional Shares of Common deemed to be issued pursuant to Section 7(e)) without consideration or for a consideration per share less than the Exercise Price in effect on the date of and immediately prior to such issue, then and in such event, the holder shall, upon the exercise or conversion of this Warrant, be entitled to receive, without payment of any additional consideration therefor, the increased number of

Appears in 5 contracts

Samples: Warrant Agreement (World Commerce Online Inc), Warrant Agreement (World Commerce Online Inc), Warrant Agreement (World Commerce Online Inc)

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