No Shareholders Rights Plan; No Reduction in Outstanding Stock. The Company shall not have adopted a plan, commonly referred to as a Shareholders' Rights Plan (a "Rights Plan"), which would have the effect of diluting the value of the Securities and the Option Securities owned by the Purchaser as compared with the rights of other holders of Common Stock, and the number of outstanding shares of Common Stock shall not be more than 25,000 shares less than that reported in the last quarterly report on Form 10-Q filed by the Company with the Securities and Exchange Commission.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Roper Operations Inc), Stock Purchase Agreement (Patterson Uti Energy Inc), Stock Purchase Agreement (Roper J Mark)
