Common use of Exercise Price Adjustments Clause in Contracts

Exercise Price Adjustments. Upon the occurrence of each event requiring an adjustment in the Exercise Price, or the number of underlying shares, the Company shall give prompt written notice, setting forth the computation used to arrive at the adjusted price or number of underlying shares. The computations shall be made by the Company's Chief Financial Officer or the Company's accountants. Such computations shall be conclusive and binding upon the Holder unless the Holder gives written objection to the Company within fourteen calendar days from the date of the Company's initial notice.

Appears in 1 contract

Samples: Share Exchange Agreement (Omicron Technologies Inc)

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Exercise Price Adjustments. Upon the occurrence of each event requiring an adjustment in the Exercise Price, or the number of underlying shares, the Company shall give prompt written notice, setting forth the computation used to arrive at the adjusted price or number of underlying shares. The computations shall be made by the Company's Chief Financial Officer or the Company's accountantsaccountants shall make the computations. Such computations shall be conclusive and binding upon the Holder unless the Holder gives written objection is given to the Company Company, within fourteen calendar days from the date of the Company's initial notice.

Appears in 1 contract

Samples: Warrant Agreement (Worldteq Group International Inc)

Exercise Price Adjustments. Upon the occurrence of each event requiring an adjustment in the Exercise Price, or the number of underlying shares, the Company shall give prompt written notice, setting see forth the computation used to arrive at the adjusted price or number of underlying shares. The computations shall be made by the Company's Chief Financial Officer or the Company's accountants. Such computations shall be conclusive and binding upon the Holder unless the Holder gives written objection is given to the Company Company, within fourteen calendar days from the date of the Company's initial notice.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Omicron Technologies Inc)

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Exercise Price Adjustments. Upon the occurrence of each event requiring an adjustment in the Exercise Price, or the number of underlying shares, the Company shall give prompt written notice, setting forth the computation used to arrive at the adjusted price or number of underlying shares. The computations shall be made by the Company's Chief Financial Officer or the Company's accountants. Such computations shall be conclusive and binding upon the Holder unless the Holder gives written objection is given to the Company Company, within fourteen calendar days from the date of the Company's initial notice.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Omicron Technologies Inc)

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