Adjustments for Dividends in Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, the holders of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash) of the Company by way of dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such holder would have been entitled to receive immediately after such action had the Warrant been so exercised immediately prior to such action, and the Warrant Price shall be appropriately reduced, all subject to further adjustment as provided in this Section 4.
Appears in 2 contracts
Samples: Warrant Agreement (Medibuy Com Inc), Warrant Agreement (Medibuy Com Inc)