Common use of ANTI-DILUTION PROVISIONS AND OTHER ADJUSTMENTS Clause in Contracts

ANTI-DILUTION PROVISIONS AND OTHER ADJUSTMENTS. In order to prevent dilution of the rights granted hereunder, the Exercise Price shall be subject to adjustment from time to time in accordance with this Section 11. Upon each adjustment of the Exercise Price pursuant to this Section 11, whether upward or downward, the Holder shall thereafter be entitled to acquire upon exercise, at the Exercise Price resulting from such adjustment, the number of shares of the Company's Common Stock obtainable by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of the Company's Common Stock acquirable immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 4 contracts

Samples: Tv Filme Inc, Tv Filme Inc, Tv Filme Inc

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