Common use of Redemption of Rights Clause in Contracts

Redemption of Rights. At any time prior to any person or group becoming an Acquiring Person, the Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 per Right, subject to adjustment as provided in the Rights Agreement (the “Redemption Price”).

Appears in 2 contracts

Samples: Rights Agreement (Digimarc CORP), Rights Agreement (DMRC Corp)

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Redemption of Rights. At any time prior to any person or group becoming an Acquiring Person, the Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 .01 per Right, subject to adjustment as provided in the Rights Agreement (the Redemption Price).

Appears in 1 contract

Samples: Rights Agreement (Utilx Corp)

Redemption of Rights. At any time prior to any person or group becoming an Acquiring Person, the Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 0.0025 per Right, subject to adjustment as provided in the Rights Agreement (the “Redemption Price”).

Appears in 1 contract

Samples: Rights Agreement (Eden Bioscience Corp)

Redemption of Rights. At The Board of Directors may redeem all of the Rights at a price of $.01 per Right at any time prior to before the close of business on the 10th day after public announcement that any person or group becoming has become an Acquiring Person (subject to extension by a majority of Directors who are not affiliated with the Acquiring Person ("Unaffiliated Directors")). After any person has become an Acquiring Person, the Board Rights may be redeemed only with the approval of Directors may redeem a majority of the Rights in whole, but not in part, at a price of $0.001 per Right, subject to adjustment as provided in the Rights Agreement (the “Redemption Price”)Unaffiliated Directors.

Appears in 1 contract

Samples: Rights Agreement (Scientific Games Holdings Corp)

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Redemption of Rights. At any time prior to any before a person or group becoming becomes an Acquiring Person, the Company's Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 per Right, subject to adjustment as provided in the Rights Agreement (the “Redemption Price”).0.01

Appears in 1 contract

Samples: Rights Agreement (Warwick Community Bancorp Inc)

Redemption of Rights. At any time prior to any person or group becoming an Acquiring Person, the Board of Directors may redeem the Rights in whole, but not in part, at a price of $0.001 0.01 per Right, subject to adjustment as provided in the Rights Agreement (the “Redemption Price”).

Appears in 1 contract

Samples: Rights Agreement (Itron Inc /Wa/)

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