Common use of Dilution Adjustment Clause in Contracts

Dilution Adjustment. In the event that the Corporation shall at any time after the Distribution Date issue any shares of Common Stock (or any rights, warrants, options or convertible or exercisable securities entitling the holders thereof to subscribe for or purchase any shares of Common Stock, or any stock appreciation rights entitling the holders thereof to any interest in an increase in value, however measured, of shares of Common Stock) in a Qualifying Transaction or in an Excluded Transaction described in clause (i) or (ii) of the definition of that term, at an Effective Purchase Price per Share less than the Exercise Price per Share in effect immediately prior to such issuance, then: