Common use of Flip-over Clause in Contracts

Flip-over. If our Company is acquired in a merger or similar transaction after an Acquiring Person becomes such, all holders of Rights except the Acquiring Person or any Associate or Affiliate thereof may, upon exercise of a Right, purchase for the Purchase Price shares of the acquiring company with a market value of two times the Purchase Price, based on the market price of the acquiring company’s stock prior to such transaction.

Flip-over. If our Company is later acquired in a merger or similar transaction after an Acquiring Person becomes suchthe Rights Distribution Date, all holders of Rights except the Acquiring Person or any Associate or Affiliate thereof may, upon exercise may purchase a certain number of a Right, purchase for the Purchase Price shares of the acquiring company corporation, with a market value of two times the Purchase Price, such purchase price based on the market price of the acquiring company’s stock corporation's stock, prior to such transactionmerger.

Flip-over. If our Company is acquired in a merger or similar transaction after an Acquiring Person becomes such, all holders of Rights except the Acquiring Person or any Associate associate or Affiliate affiliate thereof may, upon exercise of a Right, purchase for the Purchase Price shares of the acquiring company with a market value of two times the Purchase Price, based on the market price of the acquiring company’s stock prior to such transactionmerger.