No Adjustments for Certain Transactions Clause Samples
The "No Adjustments for Certain Transactions" clause establishes that specific transactions or events will not trigger any changes or recalculations to the terms, amounts, or obligations set forth in the agreement. For example, if a party undergoes a merger, acquisition, or other corporate restructuring, the contractual terms—such as payment amounts or delivery schedules—remain unchanged despite these events. This clause serves to provide certainty and stability by preventing parties from seeking to renegotiate or alter the agreement due to foreseeable or routine business transactions, thereby reducing the risk of disputes and ensuring predictable contract performance.
No Adjustments for Certain Transactions. Anything contained in this Warrant notwithstanding, the number of shares of Common Stock comprising a Stock Unit and the Purchase Price per Stock Unit shall not be adjusted, nor be subject to adjustment, on account of the granting of any rights under a phantom stock plan, stock appreciation rights plan or other deferred compensation plan to officers, directors or employees of the Company or its affiliates, if (i) no shares of Common Stock are issued or required to be issued under any such plan and (ii) the only consideration paid or payable to any participant in such plan is cash.