Common use of Expiration Upon Certain Transactions Clause in Contracts

Expiration Upon Certain Transactions. If at any time the Company ------------------------------------ engages in a merger or consolidation of the Company in which the Company will not survive and in which holders of the Company's Common Stock will receive consideration at or above the Exercise Price, as adjusted, then this Warrant will terminate 10 days from the Holder's receipt of written notice ("Notice") from the Company of the completion of such a transaction. The Notice will inform the Holder that the Warrant will terminate 10 days from the Holder's receipt of the Notice. The Holder may exercise this Warrant within the 10-day period pursuant to Section 2.

Appears in 6 contracts

Samples: Warrant Agreement (Pcsupport Com Inc), Warrant Agreement (Pcsupport Com Inc), Warrant Agreement (Pcsupport Com Inc)

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