No Adjustment for Exercise of Certain Options, Warrants, Etc. The provisions of this Section 6 shall not apply to any Common Shares issued, issuable or deemed outstanding under subparagraphs 6.1(a)(1) to (8) inclusive: (i) to any person pursuant to any stock option, stock purchase or similar plan or arrangement for the benefit of employees, consultants or directors of the Company or its subsidiaries in effect on the date hereof or hereafter adopted by the Board of Directors of the Company, or (ii) pursuant to options, warrants and conversion rights in existence on the date hereof, including the Convertible Shares.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Healthcare Capital Corp), Securities Purchase Agreement (Sonus Corp), Warrant Agreement (Sonus Corp)
