Common use of Adjustments to Prevent Dilution Clause in Contracts

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 will be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Theragenics Corp), Merger Agreement (Michas Alexis P), Merger Agreement (Hireright Inc)

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Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 will be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Neubauer Joseph), Merger Agreement (Aramark Corp/De), Merger Agreement (Swift Transportation Co Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 Offer Price and the Merger Consideration will shall be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Barrier Therapeutics Inc), Merger Agreement (Stiefel Laboratories, Inc.)

Adjustments to Prevent Dilution. In the event that that, during the Company changes period between the date hereof and the Effective Time, the number of Shares, outstanding Shares shall be changed into a different number of Shares or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time a different class as a result of a reclassification, stock split (including a reverse stock split), stock dividend or distributiondividend, recapitalization, merger, subdivision, issuer tender or exchange offer, recapitalization or other similar transaction, then the Offer Price and the Merger Consideration will shall be proportionately and equitably adjusted adjusted, without duplication, to reflect such change; provided provided, that in any case, nothing herein in this Section 3.07 shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (News Corp), Merger Agreement (Move Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Sharesshares of Common Stock, or securities convertible or exchangeable into or exercisable for SharesCommon Stock, issued and outstanding prior to the Effective Time as a result of a 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 will be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (New Brunswick Scientific Co Inc), Merger Agreement (Eppendorf INC)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, Shares or securities convertible or exchangeable into or exercisable for Shares, Shares issued and outstanding prior to the Effective Time as a result of a reclassification, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender or exchange offer, offer or other similar transaction, the Offer Price, the Per Share Merger Consideration will and payments pursuant to Section 2.3 shall be equitably adjusted to reflect such changeadjusted; provided that nothing herein in this Section 2.4 shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (XPO Logistics, Inc.), Merger Agreement (Con-Way Inc.)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 will be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited prohibited, or not expressly permitted permitted, by the terms of this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Ipsen, S.A.), Merger Agreement (Tercica Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, Common Shares or securities convertible or exchangeable into or exercisable for Shares, Common Shares issued and outstanding prior to the Effective Time as a result of a reclassification, redenomination, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender or exchange offer, merger or other similar extraordinary transaction, the Merger Consideration will Price shall be equitably adjusted to the extent necessary to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Infocus Corp)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, Shares or securities convertible or exchangeable into or exercisable for Shares, Shares issued and outstanding prior to the Effective Time as a result of a reclassification, stock split (including a reverse stock split), stock dividend dividend, distribution or distributiondivision, recapitalization, merger, subdivision, issuer tender offer or issuer exchange offer, offer or other similar transaction, the Offer Price and the Merger Consideration will shall be equitably adjusted to reflect such changeappropriately and proportionately adjusted; provided provided, that nothing herein in this Section 3.4 shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (KSW Inc)

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Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, Shares or securities convertible or exchangeable into or exercisable for Shares, Shares issued and outstanding prior to the Effective Time as a result of a 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 Per Share Merger Consideration will shall be equitably adjusted to reflect such changeadjusted; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Bristol West Holdings Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 will be equitably adjusted to reflect such change; provided provided, that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Myers Industries Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a reclassification, stock split (including a reverse stock split), division or subdivision of Shares, stock dividend or distribution, consolidation of Shares, recapitalization, merger, subdivision, issuer tender or exchange offer, or other similar transaction, the Per Share Merger Consideration will shall be equitably adjusted to reflect such change; provided that nothing herein in this Section 4.4 shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Sm&A)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, or securities convertible or exchangeable into or exercisable for Shares, issued and outstanding prior to the Effective Time as a result of a 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 Per Share Merger Consideration will be equitably adjusted to reflect such change; provided that nothing herein shall be construed to permit the Company to take any action with respect to its securities that is prohibited or not expressly permitted by the terms of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Quipp Inc)

Adjustments to Prevent Dilution. In the event that the Company changes the number of Shares, Shares or securities convertible or exchangeable into or exercisable for Shares, Shares issued and outstanding prior to the Effective Time as a result of a reclassification, stock split (including a reverse stock split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender exchange or exchange offerreadjustment of shares, or other similar transaction, the Merger Consideration will shall be equitably adjusted to reflect such change; provided provided, however, that nothing herein in this Section 2.02(h) shall be construed deemed to permit the Company or authorize any party hereto to take effect any action with respect such change that it is not otherwise authorized or permitted to its securities that is prohibited or not expressly permitted by the terms of undertake pursuant to this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Cleco Corp)

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