Examples of Original Exercise Price in a sentence
The exercise price per share of the Common Stock under this Warrant shall be the Original Exercise Price identified in the caption to this Warrant, subject to adjustment hereunder (the “Exercise Price”).
No further adjustment of the Original Exercise Price, as adjusted upon the issuance of such rights, options or Convertible Securities, shall be made as a result of the actual issuance of Additional Stock on the exercise of any such rights or options or the conversion of any such Convertible Securities.
The exercise price for each CCI Adjusted Option shall equal the Original Exercise Price times the CCI Percentage (as defined below (rounded to the nearest cent) and the exercise price for each uBid Option granted with respect to a CCI Option shall equal the Original Exercise Price of such CCI Option times the uBid Percentage (as defined below) rounded to A the nearest cent.
With respect to each Option, the “Discount” is equal to the product of (a) the number of shares purchased upon the exercise of the Option and (b) the difference between (i) the Corrected Exercise Price for that Option and (ii) the Original Exercise Price per share for that Option ( such difference being the “Per Share Discount,” as set forth on Exhibit A).
The Warrant shall contain a provision pursuant to which the Original Exercise Price shall be adjusted to the price per share (the “IPO Exercise Price”) at which the Company issues common stock in the Company’s first underwritten public offering occurring within six (6) months following the date of the Initial Closing, if such price per share in the underwritten public offering is lower than the Original Exercise Price set forth herein, subject to adjustment as set forth in the Warrant.