Common use of NOTICE OF ADJUSTMENT OF STOCK UNIT OR EXERCISE PRICE Clause in Contracts

NOTICE OF ADJUSTMENT OF STOCK UNIT OR EXERCISE PRICE. Whenever ---------------------------------------------------- the number of shares of Common Stock comprising a Stock Unit, shall be adjusted pursuant to Section 4, the Company shall forthwith obtain a certificate signed by independent accountants, of recognized national standing, selected by the Company and reasonably acceptable to the Holders of the Warrants, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated and specifying the number of shares of Common Stock comprising a Stock Unit and (if such adjustment was made

Appears in 1 contract

Samples: Securities Purchase Agreement (Right Start Inc /Ca)

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NOTICE OF ADJUSTMENT OF STOCK UNIT OR EXERCISE PRICE. Whenever ---------------------------------------------------- the number of shares of Common Stock comprising a Stock Unit, or the price at which a Stock Unit may be purchased upon exercise of their Warrants, shall be adjusted pursuant to Section 4Article IV hereof, the Company shall forthwith obtain a certificate signed by Chief Financial Officer or independent accountants, accountants of recognized national standing, standing selected by the Company and reasonably acceptable to the Holders holders entitled to purchase the majority of the Warrants, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated and specifying the number of shares of Common Stock comprising a Stock Unit and (if such adjustment was madeUnits covered by

Appears in 1 contract

Samples: Warrant Agreement (Innovative Micro Technology Inc)

NOTICE OF ADJUSTMENT OF STOCK UNIT OR EXERCISE PRICE. Whenever ---------------------------------------------------- the number of shares of Common Stock comprising a Stock Unit, or the price at which a Stock Unit may be purchased upon exercise of their Warrants, shall be adjusted pursuant to Section 4Article IV hereof, the Company shall forthwith obtain a certificate signed by Chief Financial Officer or independent accountants, accountants of recognized national standing, standing selected by the Company and reasonably acceptable to the Holders of the Warrants, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated and specifying the number of shares of Common Stock comprising a Stock Unit and (if such adjustment was madeacceptable

Appears in 1 contract

Samples: Stock Purchase Agreement (L 3 Communications Corp)

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NOTICE OF ADJUSTMENT OF STOCK UNIT OR EXERCISE PRICE. Whenever ---------------------------------------------------- the number of shares of Common Stock comprising a Stock Unit, or the price at which a Stock Unit may be purchased upon exercise of their Warrants, shall be adjusted pursuant to Section 4Article IV hereof, the Company shall forthwith obtain a certificate signed by Chief Financial Officer or independent accountants, accountants of recognized national standing, standing selected by the Company and reasonably acceptable to the Holders holders entitled to purchase the majority of the Stock Units covered by all Warrants, setting forth, in reasonable detail, the event requiring the adjustment and the method by which such adjustment was calculated and specifying the number of shares of Common Stock comprising a Stock Unit and (if such adjustment was madethe

Appears in 1 contract

Samples: Warrant Agreement (Innovative Micro Technology Inc)

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