Computation of Adjusted Price. In case the Company at any time after the date hereof pays a dividend in shares of Common Stock or makes a distribution in shares of Common Stock, then upon such dividend or distribution, the Exercise Price in effect immediately prior to such dividend or distribution shall forthwith be reduced to a price determined by dividing (a) an amount equal to the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution multiplied by the Exercise Price in effect immediately prior to such dividend or distribution, by (b) the total number of shares of Common Stock outstanding immediately after such issuance or sale.
Appears in 8 contracts
Samples: Agents’ Warrant Agreement (Ante5, Inc.), Underwriter's Warrant Agreement (Electromed, Inc.), Underwriter's Warrant Agreement (Electromed, Inc.)
Computation of Adjusted Price. In case the Company shall at any time after the date hereof pays a dividend in shares of Common Stock or makes a distribution in shares of Common Stock, then upon such dividend or distribution, the Exercise Price in effect immediately prior to such dividend or distribution shall forthwith be reduced to a price determined by dividing dividing:
(a) an amount equal to the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution multiplied by the Exercise Price in effect immediately prior to such dividend or distribution, by by
(b) the total number of shares of Common Stock outstanding immediately after such issuance or sale.
Appears in 2 contracts
Samples: Underwriting Agreement (Iggys House, Inc.), Underwriting Agreement (Iggys House, Inc.)
Computation of Adjusted Price. In case the Company shall at any time after the date hereof pays pay a dividend in shares of Common Series B Preferred Stock or makes make a distribution in shares of Common Series B Preferred Stock, then upon such dividend or distribution, distribution the Exercise Price in effect immediately prior to such dividend or distribution shall forthwith be reduced to a price determined by dividing dividing:
(a) an amount equal to the total number of shares of Common Series B Preferred Stock outstanding immediately prior to such dividend or distribution multiplied by the Exercise Price in effect immediately prior to such dividend or distribution, by (b) the total number of shares of Common Stock outstanding immediately after such issuance or sale.by
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