Common use of PURCHASABLE UPON EXERCISE OF RIGHTS Clause in Contracts

PURCHASABLE UPON EXERCISE OF RIGHTS. After the Distribution Date, each Right will entitle the holder to purchase for $120.00 (the "EXERCISE PRICE"), a fraction of a share of the Company's Preferred Stock with economic terms similar to that of one share of the Company's Common Stock.

Appears in 2 contracts

Samples: Preferred Shares Rights Agreement (Novell Inc), Preferred Shares Rights Agreement (Silicon Valley Bancshares)

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PURCHASABLE UPON EXERCISE OF RIGHTS. After the Distribution Date, each Right will entitle the holder to purchase for $120.00 30.00 (the "EXERCISE PRICE"“Exercise Price”), a fraction of a share of the Company's ’s Preferred Stock with economic terms similar to that of one share of the Company's ’s Common Stock.. [Annex B to Rights Agreement]

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (SCM Microsystems Inc)

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PURCHASABLE UPON EXERCISE OF RIGHTS. After the Distribution Date, each Right will entitle the holder to purchase for $120.00 40.00 (the "EXERCISE PRICEExercise Price"), a fraction of a share of the Company's Preferred Stock with economic terms similar to that of one share of the Company's Common Stock.

Appears in 1 contract

Samples: Rights Agreement (Medsource Technologies Inc)

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