Adjustments for Stock Splits. Immediately following the occurrence of any one or more Stock Splits occurring at any time prior to the Expiry Date, the Exercise Price in effect immediately prior to the occurrence of such event shall be adjusted such that the Exercise Price is equal to the product obtained by multiplying the Exercise Price immediately before the Stock Split by a fraction:
Appears in 4 contracts
Samples: Share and Warrant Subscription Agreement (Mitel Networks Corp), Morgan Stanley, Francisco Partners GP II Management, LLC