Common use of No De Minimis Adjustments Clause in Contracts

No De Minimis Adjustments. No adjustment of the Exercise Price shall be made if the amount of such adjustment would be less than five cents per share, but in such case any adjustment that otherwise would be required to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment that, together with any adjustment or adjustments so carried forward, shall amount to not less than five cents per share.

Appears in 5 contracts

Samples: Exercise Agreement (Jw Charles Financial Services Inc/Fl), Exercise Agreement (Wilmington Trust Corp), Exercise Agreement (Jw Charles Financial Services Inc/Fl)

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No De Minimis Adjustments. No adjustment of the Exercise Price shall be made if the amount of such adjustment would be less than five cents one cent per share, but in such case any adjustment that otherwise would be required to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment that, together with any adjustment or adjustments so carried forward, shall amount to not less than five cents one cent per share.

Appears in 2 contracts

Samples: Ustel Inc, Curtis International LTD

No De Minimis Adjustments. No adjustment of the Exercise Price shall ------------------------- be made if the amount of such adjustment would be less than five cents one cent per share, but in . In such case any adjustment that otherwise would be required to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment that, together with any adjustment or adjustments so carried forward, shall amount to not less than five cents one cent per share.

Appears in 1 contract

Samples: Exercise Agreement (Signature Eyewear Inc)

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No De Minimis Adjustments. No adjustment of the Exercise Price shall be made if the amount of or such adjustment would be less than five cents one cent per share, but in such case any adjustment that otherwise would be required to be made shall be carried forward and shall be made at the time and together with the next subsequent adjustment that, together with any adjustment or adjustments so carried forward, shall amount to not less than five cents per one cent Per share.

Appears in 1 contract

Samples: Tradestation Group Inc

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