Common use of Dilution Fee Clause in Contracts

Dilution Fee. If, during the Exercise Period, the Company pays any cash dividends or makes any cash distribution to any holder of any class of its Common Stock with respect to such Common Stock and the Exercise Price exceeds the Market Price, then the Holder of this Warrant will be entitled to receive in respect of this Warrant a dilution fee in cash (the "Dilution Fee") on the date of payment of such dividend or distribution, which Dilution Fee will be equal to the amount per share paid to the holders of Common Stock times the number of Shares currently exercisable under this Warrant.

Appears in 14 contracts

Samples: Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/, Medical Technology Systems Inc /De/

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Dilution Fee. If, during the Exercise Period, the Company pays any cash dividends or makes any cash distribution to any holder of any class of its Common Stock with respect to such Common Stock and the Exercise Price exceeds the Market Price, then the Holder of this Warrant will be entitled to receive in respect of this Warrant a dilution fee in cash (the "Dilution Fee") on the date of payment of such dividend or distribution, which Dilution Fee will be equal to the amount per share paid to the holders of Common Stock times the number of Shares currently exercisable under this Warrant. 11.

Appears in 1 contract

Samples: Medical Technology Systems Inc /De/

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