Common use of Adjustments by Board Clause in Contracts

Adjustments by Board. If any event occurs as to which the provisions of this Section 4 are not strictly applicable or if strictly applicable would not fairly protect the rights of Holder in accordance with the essential intent and principles of such provisions, then the Board shall make an adjustment in the application of such provisions, in accordance with such essential intent and principles, so as to protect such rights.

Appears in 5 contracts

Samples: Warrant (Activecare, Inc.), Warrant (Borqs Technologies, Inc.), Warrant (Sonic Foundry Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.