Adjustment for Issue. or Sale of Preferred Stock at Less Than the Purchase Price In Effect. The Company expects the terms of the Preferred Stock to contain anti-dilution provisions determined through a process of arms'-length negotiation. Holders of Preferred Stock issued upon exercise of this Warrant shall be protected against anti-dilution to the same extent as other holders of Preferred Stock, as provided by the Company's Certificate of Incorporation as in effect from time to time.
Appears in 2 contracts
Sources: Preferred Stock Purchase Warrant (Ibasis Inc), Preferred Stock Purchase Warrant (Ibasis Inc)