Seller's Incentive Sample Clauses

Seller's Incentive. As further consideration for the Company Shares, Purchaser agrees and covenants to provide to Seller anti-dilution protection for the Majority Share as follows: from the date hereof and for five (5) years thereafter, Purchaser shall grant to Seller such number of Logica Common Stock as shall be necessary for Seller to maintain the Majority Share each and any time that Purchaser issues additional Logica Shares to a party or parties other than the Seller, or upon the exercise by any party or parties other than the Seller of any form of securities or instruments in the Purchaser whether now existing or hereafter created in the form of options, warrants, notes or other securities exercisable or exchangeable for, or convertible into, any shares of Logica Common Stock. This covenant contained in this Section 3.1 shall survive the Closing for five (5) years from the date hereof.