De minimis exception. No adjustment in the Exercise Price shall be required if such adjustment is less than $.05; provided, however, that any adjustments which by reason of this paragraph 3 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this paragraph 3 shall be made to the nearest cent or to the nearest one-thousandth of a share, as the case may be.
Appears in 3 contracts
Samples: Stock and Warrant Purchase Agreement (Novavax Inc), Stock and Warrant Purchase Agreement (Novavax Inc), Novavax Inc
De minimis exception. No adjustment in the Exercise Price shall be required if such adjustment is less than $.05.01; provided, however, that any adjustments which by reason of this paragraph 3 6 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this paragraph 3 6 shall be made to the nearest cent or to the nearest one-thousandth of a share, as the case may be.
Appears in 1 contract
Samples: American Medical Alert Corp