Treatment of Expired Options and Unexercised Convertible Securities. If, in any case, the total number of shares of Common Stock issuable upon exercise of any Option or upon conversion or exchange of any Convertible Securities is not, in fact, issued and the rights to exercise such Option or to convert or exchange such Convertible Securities shall have expired or terminated, the Exercise Price then in effect will be readjusted to the Exercise Price which would have been in effect at the
Appears in 7 contracts
Samples: Warrant Agreement (Idial Networks Inc), Warrant Agreement (Idial Networks Inc), Warrant Agreement (Idial Networks Inc)