Common use of Fractions of Shares Clause in Contracts

Fractions of Shares. 70 SECTION 12.4 Adjustment of Conversion Rate..............................................70 SECTION 12.5 Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Notice of Certain Corporate Action.........................................75 SECTION 12.7 Company to Reserve Common Stock............................................76 SECTION 12.8 Taxes on Conversions.......................................................76 SECTION 12.9 Covenant as to Common Stock................................................76 SECTION 12.10

Fractions of Shares. 70 SECTION 12.4 Adjustment of 45 15.4. Adjustments to Conversion Rate..............................................70 SECTION 12.5 .............................................................. 46 15.5. Effect on Conversion Price of Certain Events................................................ 50 15.6. De Minimis Adjustments...................................................................... 53 15.7. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 .................................................... 53 15.8. Notice of Certain Corporate Action.........................................75 SECTION 12.7 .......................................................... 53 15.9. Company to Reserve Common Stock............................................76 SECTION 12.8 ............................................................. 54 15.10. Taxes on Conversions.......................................................76 SECTION 12.9 Covenant ........................................................................ 54 15.11. Agreements as to Common Stock................................................76 SECTION 12.10; Listing...................................................... 54 15.12.

Fractions of Shares. 70 69 SECTION 12.4 12.04. Adjustment of Conversion Rate..............................................Price................... 70 SECTION 12.5 12.05. Notice of Adjustments Adjustment of Conversion Rate...................................74 Price......................................... 84 SECTION 12.6 12.06. Notice of Certain Corporate Action.........................................75 ............... 84 SECTION 12.7 12.07. Company to To Reserve Common Stock............................................76 .................. 85 SECTION 12.8 12.08. Taxes on Conversions.......................................................76 ............................. 85 SECTION 12.9 12.09. Covenant as to Common Stock................................................76 SECTION 12.10......................

Fractions of Shares. 70 SECTION 12.4 73 Section 15.04 Adjustment of Conversion Rate..............................................70 SECTION 12.5 Price.........................73 Section 15.05 Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Price..............76 Section 15.06 Notice of Certain Corporate Action.........................................75 SECTION 12.7 .....................76 Section 15.07 Company to Reserve Common Stock............................................76 SECTION 12.8 ........................77 Section 15.08 Taxes on Conversions.......................................................76 SECTION 12.9 ...................................77 Section 15.09 Covenant as to Common Stock................................................76 SECTION 12.10............................78 Section 15.10 Cancellation of Converted Securities...................78

Fractions of Shares. 70 58 SECTION 12.4 12.04. Adjustment of Conversion Rate..............................................70 ........................................................................... 58 SECTION 12.5 12.05. Notice of Adjustments of Conversion Rate...................................74 ................................................................ 64 SECTION 12.6 12.06. Notice of Certain Corporate Action.........................................75 ...................................................................... 64 SECTION 12.7 Company to Reserve 12.07. Company's Obligation Regarding Common Stock............................................76 ............................................................. 65 SECTION 12.8 12.08. Taxes on Conversions.......................................................76 .................................................................................... 65 SECTION 12.9 12.09. Covenant as to Common Stock................................................76 ............................................................................. 66 SECTION 12.10. Cancellation of Converted Securities.................................................................... 66

Fractions of Shares. 70 SECTION 12.4 Adjustment of Conversion Rate..............................................70 SECTION 12.5 68 Section 1504. [Intentionally Left Blank]......................................69 Section 1505. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Price.......................73 Section 1506. Notice of Certain Corporate Action.........................................75 SECTION 12.7 ..............................74 Section 1507. Company to Reserve Common Stock............................................76 SECTION 12.8 .................................75 Section 1508. Taxes on Conversions.......................................................76 SECTION 12.9 ............................................75 Section 1509. Covenant as to Common Stock................................................76 SECTION 12.10.....................................75 Section 1510. Cancellation of Converted Securities............................75

Fractions of Shares. 70 78 SECTION 12.4 Adjustment of Conversion Rate..............................................70 ...................................................................79 SECTION 12.5 Notice of Adjustments of Conversion Rate...................................74 ........................................................83 SECTION 12.6 Notice of Certain Corporate Action.........................................75 ..............................................................84 SECTION 12.7 Company to Reserve Common Stock............................................76 .................................................................85 SECTION 12.8 Taxes on Conversions.......................................................76 ............................................................................85 SECTION 12.9 Covenant as to Common Stock................................................76 .....................................................................85 SECTION 12.10

Fractions of Shares. 70 61 SECTION 12.4 10.4 Adjustment of Conversion Rate..............................................70 ................................................61 SECTION 12.5 10.5 Notice of Adjustments of Conversion Rate...................................74 .....................................66 SECTION 12.6 10.6 Notice of Certain Corporate Action.........................................75 ...........................................67 SECTION 12.7 10.7 Company to Reserve Common Stock............................................76 ..............................................68 SECTION 12.8 10.8 Taxes on Conversions.......................................................76 .........................................................68 SECTION 12.9 10.9 Covenant as to Common Stock................................................76 ..................................................68 SECTION 12.1010.10

Fractions of Shares. 70 SECTION 12.4 73 Section 12.4. Adjustment of Conversion Rate..............................................70 SECTION 12.5 Price...........................73 Section 12.5. Consolidation or Merger of the Company...................82 Section 12.6. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Price................84 Section 12.7. Notice of Prior to Certain Corporate Action.........................................75 SECTION 12.7 Actions..........................84 Section 12.8. Company to Reserve Common Stock............................................76 SECTION 12.8 ..........................85 Section 12.9. Common Stock to be Fully Paid and Nonassessable..........85 Section 12.10. Taxes on Conversions.......................................................76 SECTION 12.9 Covenant as to Common Stock................................................76 SECTION 12.10.....................................85

Fractions of Shares. 70 73 SECTION 12.4 11.4 Adjustment of Conversion Rate..............................................70 .................................................. 74 SECTION 12.5 11.5 Notice of Adjustments of Conversion Rate...................................74 ....................................... 79 SECTION 12.6 11.6 Notice of Certain Corporate Action.........................................75 ............................................. 79 SECTION 12.7 11.7 Company to Reserve Common Stock............................................76 ................................................ 81 SECTION 12.8 11.8 Taxes on Conversions.......................................................76 ........................................................... 81 SECTION 12.9 11.9 Covenant as to Common Stock................................................76 .................................................... 81 SECTION 12.1011.10

Fractions of Shares. 70 SECTION 12.4 72 Section 12.04. Adjustment of Conversion Rate..............................................70 SECTION 12.5 ............................. 74 Section 12.05. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Notice of Certain Corporate Action.........................................75 SECTION 12.7 .................. 85 Section 12.06. Company to Reserve Common Stock............................................76 SECTION 12.8 ........................... 86 Section 12.07. Taxes on Conversions.......................................................76 SECTION 12.9 Covenant as to Common Stock................................................76 SECTION 12.10...................................... 86 Section 12.08.

Fractions of Shares. 70 SECTION 12.4 Adjustment 47 Section 10.04.Adjustment of Conversion Rate..............................................70 SECTION 12.5 Notice ...............................48 Section 10.05.Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Notice ....................53 Section 10.06.Notice of Certain Corporate Action.........................................75 SECTION 12.7 Company ..........................53 Section 00.00.Xxxxxxx to Reserve Common Stock............................................76 SECTION 12.8 Taxes .............................54 Section 10.08.Taxes on Conversions.......................................................76 SECTION 12.9 Covenant ........................................55 Section 10.09.Covenant as to Common Stock................................................76 SECTION 12.10.................................55 Section 10.10.

Fractions of Shares. 70 SECTION 12.4 31 Section 8.4 Adjustment of Conversion Rate..............................................70 SECTION 12.5 Price.................................. 31 Section 8.5 Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Notice of Certain Corporate Action.........................................75 SECTION 12.7 Price....................... 31 Section 8.6 Company to Reserve Common Stock............................................76 SECTION 12.8 ................................. 31 Section 8.7 Taxes on Conversions.......................................................76 SECTION 12.9 ............................................ 32 Section 8.8 Covenant as to Common Stock................................................76 SECTION 12.10..................................... 32

Fractions of Shares. 70 9 SECTION 12.4 4.04. Adjustment of Conversion Rate..............................................70 Price..............................9 SECTION 12.5 4.05. Notice of Adjustments of Conversion Rate...................................74 Price..................15 SECTION 12.6 4.06. Notice of Certain Corporate Action.........................................75 .........................16 SECTION 12.7 Company to Reserve 4.07. Company's Obligation Regarding Common Stock............................................76 ................17 SECTION 12.8 4.08. Taxes on Conversions.......................................................76 .......................................17 SECTION 12.9 4.09. Covenant as to Common Stock................................................76 ................................17 SECTION 12.104.10. Cancellation of Converted Securities.......................18

Fractions of Shares. 70 55 SECTION 12.4 10.4 Adjustment of Conversion Rate..............................................70 ......................................................... 55 SECTION 12.5 10.5 Notice of Adjustments of Conversion Rate...................................74 .............................................. 61 SECTION 12.6 10.6 Notice of Certain Corporate Action.........................................75 .................................................... 61 SECTION 12.7 10.7 Company to Reserve Common Stock............................................76 ....................................................... 62 SECTION 12.8 10.8 Taxes on Conversions.......................................................76 .................................................................. 62 SECTION 12.9 10.9 Covenant as to Common Stock................................................76 ........................................................... 62 SECTION 12.1010.10

Fractions of Shares. 70 SECTION 12.4 Adjustment of Conversion Rate..................................................................................................70 SECTION 12.5 Notice of Adjustments of Conversion Rate............................................................................74 SECTION 12.6 Notice of Certain Corporate Action........................................................................................75 SECTION 12.7 Company to Reserve Common Stock..............................................................................................76 SECTION 12.8 Taxes on Conversions....................................................................................................................76 SECTION 12.9 Covenant as to Common Stock......................................................................................................76 SECTION 12.10

Fractions of Shares. 70 28 SECTION 12.4 8.04. Adjustment of Conversion Rate..............................................70 Price...............................29 SECTION 12.5 8.05. Notice of Adjustments of Conversion Rate...................................74 Price....................29 SECTION 12.6 Notice of Certain Corporate Action.........................................75 SECTION 12.7 8.06. Company to Reserve CDNOW Common Stock............................................76 ........................29 SECTION 12.8 8.07. Taxes on Conversions.......................................................76 .........................................29 SECTION 12.9 8.08. Covenant as to CDNOW Common Stock................................................76 ............................29 SECTION 12.108.09. Investment Intent; Private Placement.........................30

Fractions of Shares. 70 69 SECTION 12.4 Adjustment of Conversion Rate..............................................70 ...........................................................69 SECTION 12.5 Notice of Adjustments of Conversion Rate...................................74 ................................................73 SECTION 12.6 Notice of Certain Corporate Action.........................................75 ......................................................74 SECTION 12.7 Company to Reserve Common Stock............................................76 .........................................................75 SECTION 12.8 Taxes on Conversions.......................................................76 ....................................................................75 SECTION 12.9 Covenant as to Common Stock................................................76 .............................................................75 SECTION 12.10

Fractions of Shares. 70 75 SECTION 12.4 Adjustment of Conversion Rate..............................................70 .............................................................75 SECTION 12.5 Notice of Adjustments of Conversion Rate...................................74 ..................................................79 SECTION 12.6 Notice of Certain Corporate Action.........................................75 ........................................................80 SECTION 12.7 Company to Reserve Common Stock............................................76 ...........................................................81 SECTION 12.8 Taxes on Conversions.......................................................76 ......................................................................81 SECTION 12.9 Covenant as to Common Stock................................................76 ...............................................................81 SECTION 12.10

Fractions of Shares. 70 SECTION 12.4 58 Section 12.04. Adjustment of Conversion Rate..............................................70 SECTION 12.5 .........................................................58 Section 12.05. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 ..............................................63 Section 12.06. Notice of Certain Corporate Action.........................................75 SECTION 12.7 Company to Reserve ....................................................63 Section 12.07. Company's Obligation Regarding Common Stock............................................76 SECTION 12.8 ...........................................64 Section 12.08. Taxes on Conversions.......................................................76 SECTION 12.9 ..................................................................65 Section 12.09. Covenant as to Common Stock................................................76 SECTION ...........................................................65 Section 12.10. Cancellation of Converted Securities..................................................65

Fractions of Shares. 70 SECTION 12.4 56 Section 13.04. Adjustment of Conversion Rate..............................................70 SECTION 12.5 Price................................................................. 57 Section 13.05. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Price...................................................... 65 Section 13.06. Notice of Certain Corporate Action.........................................75 SECTION 12.7 Company to Reserve ............................................................. 65 Section 13.07. Company's Obligation Regarding Common Stock............................................76 SECTION 12.8 .................................................... 66 Section 13.08. Taxes on Conversions.......................................................76 SECTION 12.9 Covenant as to Common Stock................................................76 SECTION 12.10........................................................................... 66

Fractions of Shares. 70 48 SECTION 12.4 10.04 Adjustment of Conversion Rate..............................................70 ..................................................................... 48 SECTION 12.5 10.05 Notice of Adjustments of Conversion Rate...................................74 Price......................................................... 54 SECTION 12.6 10.06 Notice of Prior to Certain Corporate Action.........................................75 Actions................................................................... 54 SECTION 12.7 Company 10.07 Issuer to Reserve Common Stock............................................76 SECTION 12.8 Taxes on Conversions.......................................................76 SECTION 12.9 Covenant as to Common Stock................................................76 SECTION 12.10.................................................................... 55

Fractions of Shares. 70 66 SECTION 12.4 13.04. Adjustment of Conversion Rate..............................................70 Price..................................................67 SECTION 12.5 13.05. Notice of Adjustments of Conversion Rate...................................74 Price.......................................76 SECTION 12.6 13.06. Notice of Certain Corporate Action.........................................75 ..............................................76 SECTION 12.7 Company to Reserve 13.07. Company's Obligation Regarding Common Stock............................................76 .....................................77 SECTION 12.8 13.08. Taxes on Conversions.......................................................76 ............................................................78 SECTION 12.9 13.09. Covenant as to Common Stock................................................76 .....................................................78 SECTION 12.1013.10. Cancellation of Converted Securities............................................78

Fractions of Shares. 70 58 SECTION 12.4 12.04. Adjustment of Conversion Rate..............................................70 ..................................................... 59 SECTION 12.5 12.05. Notice of Adjustments of Conversion Rate...................................74 .......................................... 64 SECTION 12.6 12.06. Notice of Certain Corporate Action.........................................75 ................................................ 64 SECTION 12.7 Company to Reserve 12.07. Company's Obligation Regarding Common Stock............................................76 ....................................... 65 SECTION 12.8 12.08. Taxes on Conversions.......................................................76 .............................................................. 65 SECTION 12.9 12.09. Covenant as to Common Stock................................................76 ....................................................... 66 SECTION 12.10. Cancellation of Converted Securities.............................................. 66

Fractions of Shares. 70 SECTION 12.4 69 Section 12.4. Adjustment of Conversion Rate..............................................70 SECTION 12.5 Price.................................................................69 Section 12.5. Notice of Adjustments of Conversion Rate...................................74 SECTION 12.6 Price......................................................78 Section 12.6. Notice of Prior to Certain Corporate Action.........................................75 SECTION 12.7 Actions................................................................78 Section 12.7. Company to Reserve Common Stock............................................76 SECTION 12.8 ................................................................79 Section 12.8. Taxes on Conversions.......................................................76 SECTION 12.9 ...........................................................................79 Section 12.9. Covenant as to Common Stock................................................76 SECTION 12.10....................................................................80 V. TABLE OF CONTENTS (CONTINUED)

Fractions of Shares. 70 113 SECTION 12.4 13.04. Adjustment of Conversion Rate..............................................70 Price.................. 113 SECTION 12.5 13.05. Notice of Adjustments of Conversion Rate...................................74 Price.............................. 121 SECTION 12.6 13.06. Notice of Certain Corporate Action.........................................75 ........................................ 121 SECTION 12.7 13.07. Company to To Reserve Common Stock............................................76 ................. 123 SECTION 12.8 13.08. Taxes on Conversions.......................................................76 ............................ 123 SECTION 12.9 13.09. Covenant as to Common Stock................................................76 ..................... 123 SECTION 12.1013.10. Cancellation of Converted Securities............ 123 SECTION 13.11. Provisions in Case of Reclassification, Consolidation, Merger or Sale of Assets........................................ 123

Fractions of Shares. 70 62 SECTION 12.4 10.04 Adjustment of Conversion Rate..............................................70 .......................................................... 62 SECTION 12.5 10.05 Notice of Adjustments of Conversion Rate...................................74 Price.............................................. 70 SECTION 12.6 10.06 Notice of Prior to Certain Corporate Action.........................................75 Actions........................................................ 71 SECTION 12.7 10.07 Company to Reserve Common Stock............................................76 ........................................................ 72 SECTION 12.8 10.08 Taxes on Conversions.......................................................76 ................................................................... 72 SECTION 12.9 10.09 Covenant as to Common Stock................................................76 ............................................................ 72 SECTION 12.1010.10

Fractions of Shares. 70 59 SECTION 12.4 12.04. Adjustment of Conversion Rate..............................................70 .........................................................59 SECTION 12.5 12.05. Notice of Adjustments of Conversion Rate...................................74 ..............................................64 SECTION 12.6 12.06. Notice of Certain Corporate Action.........................................75 ....................................................65 SECTION 12.7 Company to Reserve 12.07. Company's Obligation Regarding Common Stock............................................76 ...........................................66 SECTION 12.8 12.08. Taxes on Conversions.......................................................76 ..................................................................66 SECTION 12.9 12.09. Covenant as to Common Stock................................................76 ...........................................................66 SECTION 12.10. Cancellation of Converted Securities..................................................66

Fractions of Shares. 70 90 SECTION 12.4 Adjustment of Conversion Rate..............................................70 Rate ..................................... 90 SECTION 12.5 Notice of Adjustments of Conversion Rate...................................74 Rate .......................... 95 SECTION 12.6 Notice of Certain Corporate Action.........................................75 Action ................................ 95 SECTION 12.7 Company to Reserve Common Stock............................................76 Stock ................................... 96 SECTION 12.8 Taxes on Conversions.......................................................76 Conversions .............................................. 96 SECTION 12.9 Covenant as to Common Stock................................................76 Stock ....................................... 97 SECTION 12.10

Fractions of Shares. 70 82 SECTION 12.4 14.4 Adjustment of Of Conversion Rate..............................................70 ...........................83 SECTION 12.5 14.5 Notice of Of Adjustments of Of Conversion Rate...................................74 ................90 SECTION 12.6 14.6 Notice of Of Certain Corporate Action.........................................75 ......................90 SECTION 12.7 14.7 Company to To Reserve Common Stock............................................76 .........................91 SECTION 12.8 14.8 Taxes on On Conversions.......................................................76 ....................................91 SECTION 12.9 14.9 Covenant as to As To Common Stock................................................76 .............................91 SECTION 12.1014.10 Cancellation Of Converted Securities....................92