ADJUSTMENTS TO THE RIGHTS IN THE EVENT OF CERTAIN TRANSACTIONS. 3.1 FLIP-IN. (a) For purposes of this Article III, the "Product" shall be defined as the product of the then current Exercise Price and the number of one one-hundredths of a Preferred Share for which such Right was exercisable prior to such occurrence.
Appears in 5 contracts
Samples: Shareholder Rights Agreement (St Francis Capital Corp), Shareholder Rights Agreement (Hallmark Capital Corp), Shareholder Rights Agreement (St Francis Capital Corp)
