Common use of Options; Warrants Clause in Contracts

Options; Warrants. Each option, warrant or other right to purchase shares of Delaware Common Stock, which are outstanding at the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and become an option, warrant or right to purchase one share of Nevada Common Stock at an exercise or purchase price per share equal to the exercise or purchase price applicable to the option, warrant or other right to purchase Delaware Common Stock.

Appears in 7 contracts

Samples: Merger Agreement (Xiangtian (Usa) Air Power Co., Ltd.), Merger Agreement (Gulf Resources, Inc.), Merger Agreement (China Yida Holding, Co.)

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Options; Warrants. Each option, warrant or other right to purchase shares of Delaware Nevada Common Stock, which are outstanding at the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and become an option, warrant or right to purchase one share of Nevada Delaware Common Stock at an exercise or purchase price per share equal to the exercise or purchase price applicable to the option, warrant or other right to purchase Delaware Nevada Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Auxilio Inc)

Options; Warrants. Each option, warrant or other right to purchase shares of Delaware Common Stock or Delaware Preferred Stock, which are outstanding at the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and become an option, warrant or right to purchase purchase, respectively, one share of Nevada Common Stock or Nevada Preferred Stock as the case may be at an exercise or purchase price per share equal to the exercise or purchase price applicable to the option, warrant or other right to purchase Delaware Common Stock or Delaware Preferred Stock, as the case may be.

Appears in 1 contract

Samples: Merger Agreement (Elite Pharmaceuticals Inc /De/)

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Options; Warrants. Each option, warrant or other right to purchase shares of Delaware Common Stock, which are outstanding at the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and become an option, warrant or right to purchase one share a corresponding number of shares of Nevada Common Stock at an exercise or purchase price per share equal to the exercise or purchase price applicable to the option, warrant or other right to purchase Delaware Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Adeona Pharmaceuticals, Inc.)

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