No Fractional Common Shares. No fractional Common Shares shall be issued upon the exercise of this Warrant. As to any fraction of a Common Share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round to the nearest whole Common Share.
Appears in 7 contracts
Samples: Security Agreement (IIOT-OXYS, Inc.), Securities Agreement (IIOT-OXYS, Inc.), Security Agreement (IIOT-OXYS, Inc.)
