Common use of Adjustment to Prevent Dilution Clause in Contracts

Adjustment to Prevent Dilution. In the event that prior to the Effective Time there is a change in the number of shares of Company Common Stock or securities convertible or exchangeable into or exercisable for shares of Company Common Stock issued and outstanding as a result of a distribution, reclassification, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender or exchange offer or other similar transaction, the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Shenandoah Telecommunications Co/Va/), Agreement and Plan of Merger (Ntelos Holdings Corp.), Agreement and Plan of Merger (Pre Paid Legal Services Inc)

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Adjustment to Prevent Dilution. In the event that prior to the Effective Time there is a change in the number of shares of Company Common Stock Shares or securities convertible or exchangeable into or exercisable for shares of Company Common Stock Shares issued and outstanding as a result of a distribution, reclassification, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender or exchange offer or other similar transactiontransactions, the Merger Consideration shall be equitably adjusted to eliminate the effects of such eventevent on the Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Dobson Communications Corp)

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