Amendment of Terms of Rights. The terms of the Rights and the Rights Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by stockholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be amended in any manner reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. VOTING RIGHTS: Rights will not have any voting rights. ANTI-DILUTION PROVISIONS: Rights will have the benefit of certain customary anti-dilution provisions.
Appears in 3 contracts
Samples: Rights Agreement (Source Media Inc), Common Shares Rights Agreement (Coherent Inc), Preferred Shares Rights Agreement (Infoseek Corp /De/)
Amendment of Terms of Rights. The terms of the Rights and the Rights Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by stockholder shareholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be amended in any manner reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. VOTING RIGHTS: Rights will not have any voting rights. ANTI-DILUTION PROVISIONS: Rights will have the benefit of certain customary anti-dilution provisions.
Appears in 2 contracts
Samples: Preferred Shares Rights Agreement (Silicon Valley Bancshares), Preferred Shares Rights Agreement (3dfx Interactive Inc)
Amendment of Terms of Rights. The terms of the Rights and the Rights Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by stockholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be amended in any manner reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. VOTING RIGHTS: Rights will not have any voting rights. ANTI-DILUTION PROVISIONS: Rights will have the benefit of certain customary anti-dilution provisions.
Appears in 2 contracts
Samples: Preferred Shares Rights Agreement (Netmanage Inc), Preferred Shares Rights Agreement (Metacreations Corp)
Amendment of Terms of Rights. The terms of the Rights and the Rights Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by stockholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be amended in any manner reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. VOTING RIGHTS: Rights will not have any voting rights. ANTI-DILUTION PROVISIONS: Rights will have the benefit of certain customary PROVISIONS: anti-dilution provisions.
Appears in 1 contract
Amendment of Terms of Rights. The terms of the Rights and the Rights Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by stockholder shareholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be amended in any manner reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. VOTING RIGHTS: Rights will not have any voting rights. ANTI-DILUTION PROVISIONS: Rights will have the benefit of certain customary anti-dilution provisions.
Appears in 1 contract
Samples: Preferred Shares Rights Agreement (Silicon Valley Bancshares)