Common use of Share Swap Clause in Contracts

Share Swap. Insofar as the Company is party to a share swap agreement or arrangement (such as a merger or reorganization) (the "share swap"), in which an offer is made to the Company's shareholders to swap their shares for securities of some other corporation, the Company shall require the other corporation to undertake to allot to the Holder, upon, the exercise of this Warrant, such securities as were swapped for the shares of the Company, as though the Holder had held the Warrant Shares on the record date of the share swap.

Appears in 2 contracts

Samples: Verisity LTD, Verisity LTD

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Share Swap. Insofar as the Company is party to a share swap agreement or arrangement (such as a merger or reorganization) (the reorganization)(the "share swap"), in which an offer is made to the Company's shareholders to swap their shares for securities of some other corporation, the Company shall require the other corporation to undertake to allot to the Holder, upon, upon the exercise of this Warrant, such securities as were swapped for the shares of the Company, as though the Holder had held the Warrant Shares on the record date of the share swap.

Appears in 1 contract

Samples: Employment Agreement (Precise Software Solutions LTD)

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Share Swap. Insofar as the Company is party to a share swap agreement or arrangement (arrangement, such as a merger or reorganization) reorganization (the "share swap"“Share Swap”), in which an offer is made to the Company's ’s shareholders to swap their shares for for, or otherwise the Company’s shareholders are entitled to receive in respect of their shares, securities of some other corporation, the Company shall require the other corporation to undertake to allot to the Holder, upon, upon the exercise of this Warrant, such securities as were swapped for for, or which the shareholders otherwise become entitled to receive in respect of the shares of the Company, as though the Holder had held the Warrant Shares on the record date of the share swapShare Swap.

Appears in 1 contract

Samples: Subscription Agreement (Citrine Global, Corp.)

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