Common use of Company-Held Stock Clause in Contracts

Company-Held Stock. For purposes of Sections 3.3(a) above, shares of Common Stock owned or held at any relevant time by, or for the account of, the Company in its treasury or otherwise, shall not be deemed to be outstanding for purposes of the calculation and adjustments described therein.

Appears in 10 contracts

Samples: Warrant Agreement (Premier Laser Systems Inc), Warrant Agreement (Premier Laser Systems Inc), Warrant Agreement (Premier Laser Systems Inc)

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