Common use of Share Dividends, Reclassification, Reorganization Provisions Clause in Contracts

Share Dividends, Reclassification, Reorganization Provisions. (i) If, prior to the expiration of this Market Option by full exercise or by its terms and during any period in which the market price for Option Shares is calculated and thereafter until transfer of Option Shares pursuant to an exercise of this Market Option, Vector shall issue any of its Common Shares as a share dividend or subdivide the number of outstanding Common Shares into a greater number of shares, or Vector shall reduce the number of outstanding Common Shares by combining such shares into a smaller number of shares, in any such case, the Option Shares, the Option Exercise Price, the Option Notice and the other aspects of this Market Option shall be adjusted proportionately. If Vector shall declare a dividend payable in cash on its Common Shares and shall at substantially the same time offer to its shareholders a right to purchase new Common Shares from the proceeds of such dividend or for an amount substantially equal to the dividend, all Common Shares so issued shall, for the purpose of this Market Option, be deemed to have been issued as a share dividend. Any dividend paid or distributed upon Common Shares in shares of any other class of securities convertible into Common Shares shall be treated as a dividend paid in Common Shares to the extent that Common Shares are issuable upon the conversion thereof. (ii) If, prior to the expiration of this Market Option by exercise or by its terms, Vector shall be recapitalized by reclassifying its outstanding Common Shares, or Vector or a successor corporation shall consolidate or merge with or convey all or substantially all of its or any successor corporation's property and assets to any other corporation or corporations (any such corporation being included within the meaning of the term "successor corporation" used above in the event of any consolidation or merger of any such corporations with, or the sale of all or substantially all of the property of any such corporation, to another corporation or corporations), Tradelink shall thereafter have the right to purchase, upon the basis and upon the terms and conditions and during the time specified in this Market Option, in lieu of the Option Shares theretofore purchasable upon the exercise of this Market Option, such shares, securities or assets as may be issued or payable with respect to, or in exchange for, the number of Option Shares theretofore purchasable upon the exercise of this Market Option had such recapitalization, consolidation, merger or conveyance not taken place and, in any such event, the rights of Tradelink to an adjustment in the number of Option Shares purchasable upon the exercise upon this Market Option as herein provided shall continue and be preserved in respect of any shares, securities or assets which Tradelink becomes entitled to purchase. (e)