Exempt Issuance. Notwithstanding the foregoing, no adjustments, Alternate Consideration nor notices shall be made, paid or issued under this Section 3 in respect of an Exempt Issuance, or in respect of any issuance of Common Stock or Common Stock Equivalents upon conversion of the preferred stock or the exercise of warrants and/or options in connection with the Plan.
Appears in 3 contracts
Samples: Security Agreement (Chembio Diagnostics, Inc.), Security Agreement (Chembio Diagnostics, Inc.), Securities Agreement (Siebert Lawrence A.)
Exempt Issuance. Notwithstanding the foregoing, no adjustments, Alternate Consideration nor notices shall be made, paid or issued under this Section 3 in respect of an Exempt Issuance, Issuance or in respect of any issuance of Common Stock or Common Stock Equivalents upon conversion of the preferred stock or the exercise of warrants and/or options in connection with the Plan.
Appears in 2 contracts
Samples: Securities Agreement (Siebert Lawrence A.), Securities Agreement (Chembio Diagnostics, Inc.)
