Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 33 contracts

Samples: Warrant Purchase Agreement (Mascoma Corp), Warrant Purchase Agreement (Mascoma Corp), Purchase Preferred Stock (Mascoma Corp)

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Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 15 contracts

Samples: Warrant to Purchase Common Stock (S3 Investment Company, Inc.), Warrant to Purchase Common Stock (American Security Resources Corp.), Purchase Common Stock (Human Biosystems Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 13 contracts

Samples: Warrants (Us Data Authority Inc), Purchase Common Stock (Diatect International Corp), Conversion Warrants (Us Data Authority Inc)

Adjustment of Number of Shares. Upon each adjustment in of the Exercise PricePrice pursuant to the provision above, the number of Shares shares of Applicable Common Stock purchasable hereunder issuable upon exercise of this Warrant shall be adjusted, adjusted by multiplying a number equal to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable Exercise Price in effect immediately prior to such adjustment in by the Exercise Price by a fraction, the numerator number of which shall be the Exercise Price shares of Common Stock issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the denominator of which shall be product so obtained by the adjusted Exercise Price immediately thereafterPrice.

Appears in 12 contracts

Samples: Note Purchase and Security Agreement (GBS Enterprises Inc), Warrant (GBS Enterprises Inc), Common Stock Purchase Warrant (GBS Enterprises Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 10 contracts

Samples: Loan and Security Agreement (Mavenir Systems Inc), Warrant Purchase Agreement (Mascoma Corp), Loan and Security Agreement (Mavenir Systems Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Warrant Shares of Applicable Stock purchasable hereunder shall be adjusted, adjusted to the nearest whole share, share to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 9 contracts

Samples: Consulting Agreement (CelLynx Group, Inc.), Future Now Group Inc., Infosmart Group, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 13(c) or 13(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 8 contracts

Samples: Universal Automotive Industries Inc /De/, Universal Automotive Industries Inc /De/, Universal Automotive Industries Inc /De/

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price exercise price immediately thereafterafter such adjustment.

Appears in 5 contracts

Samples: Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc), Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc), Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (a) the numerator of which shall be the Exercise Price immediately prior to such the adjustment and (b) the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 5 contracts

Samples: Purchase Common Stock (National Storm Management Inc.), Warrant to Purchase Common Stock (National Storm Management Inc.), Purchase Common Stock (Material Technologies Inc /Ca/)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares of Common Stock purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 4 contracts

Samples: Sequential Brands Group, Inc., Differential Brands Group Inc., Carlyle Group L.P.

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares shares of Applicable Stock stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 4 contracts

Samples: Common Stock (Avalanche Biotechnologies, Inc.), Immunicon Corp, Immunicon Corp

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Applicable Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 3 contracts

Samples: Series a Preferred Share Purchase Agreement (Entera Bio Ltd.), Entera Bio Ltd., Entera Bio Ltd.

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in of the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 3 contracts

Samples: License Agreement (Meridian Holdings Inc /Fl), License Agreement (Meridian Usa Holdings Inc), License Agreement (Meridian Holdings Inc /Fl)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Warrant Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 3 contracts

Samples: Shareholders Agreement (Sixth Floor Investors LP), Credit Agreement (Cellular Dynamics International, Inc.), Javelin Pharmaceuticals, Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 5(c) above, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 3 contracts

Samples: Loan and Security Agreement (Adaptive Insights Inc), 01 (Adaptive Insights Inc), Adaptive Insights Inc

Adjustment of Number of Shares. Upon each Whenever an adjustment is made in the Exercise PricePrice pursuant to Sections 7.1 through 7.5, the total number of Shares shares of Applicable Common Stock purchasable hereunder acquired upon exercise of this Warrant shall also be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares shares of Common Stock purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 3 contracts

Samples: Atlas Crest Investment Corp., Atlas Crest Investment Corp., Archer Aviation Inc.

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 15(c) or 15(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.:

Appears in 2 contracts

Samples: Amedisys Inc, Amedisys Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 2 contracts

Samples: National Datacomputer Inc, Organogenesis Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Sections 2(b) and (c), the number of Warrant Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Ancor Communications Inc /Mn/, Sun Microsystems Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise --------------------------------- Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Purchase Common Stock (Invicta Group Inc), Invicta Group Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Exercise Price, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in of the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Pledge Agreement (Internet Capital Group Inc), Warrant Agreement (Analytical Graphics Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Warrant Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (a) the numerator of which shall be the Exercise Price immediately prior to such the adjustment and (b) the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Purchase Common Stock (National Storm Management Inc.), Usa Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the ---------------------------------- Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Thinka Weight Loss Corp, Sequiam Corp

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price exercise price immediately thereafterafter such adjustment. 6.

Appears in 2 contracts

Samples: Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc), Combined Incentive and Nonqualified Stock Option Agreement (Global Precision Medical Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to this Section 9, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 2 contracts

Samples: First Montauk Financial Corp, First Montauk Financial Corp

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to 11(b) or 11(c) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 2 contracts

Samples: Atx Group Inc, Atx Group Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice (other than pursuant to Section 2E), the number of Shares shares of Applicable Stock stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 2 contracts

Samples: Warrant Purchase and Registration Agreement (Akorn Inc), Exercise Agreement (Akorn Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 2 contracts

Samples: Rhythms Net Connections Inc, Rhythms Net Connections Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise Priceexercise price, the number of Shares shares of Applicable Stock stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Exercise Price exercise price by a fraction, the numerator of which shall be the Exercise Price exercise price immediately prior to such adjustment and the denominator of which shall be the Exercise Price exercise price immediately thereafter.

Appears in 1 contract

Samples: Lease (ZP Holdings Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, to the extent not otherwise adjusted, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by times a fraction, fraction the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Peabodys Coffee Inc/Nv

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Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Exercise PricePrice pursuant to any provisions of this Section, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such number of Shares shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Strategic Business Agreement (Xtra Corp /De/)

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be is the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Purchase Common Stock (Dnaprint Genomics Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 14(c) or 14(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.:

Appears in 1 contract

Samples: Ambient Corp /Ny

Adjustment of Number of Shares. Upon each adjustment in ------------------------------ the Exercise Price, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in of the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Analytical Graphics Inc)

Adjustment of Number of Shares. Upon each adjustment in the -------------------------------- Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Seven Charles C

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.. 3.7

Appears in 1 contract

Samples: Purchase Common Stock (Material Technologies Inc /Ca/)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Exercise PricePrice pursuant to 8(b), 8(c) or 8(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Exercise Price by a fraction, fraction (i) the numerator of which shall be the Warrant Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Consulting Agreement (Empire Energy Corp)

Adjustment of Number of Shares. Upon each Whenever an adjustment is made in the Exercise PricePrice pursuant to any of Section 8.1 through 8.5, the total number of Shares shares of Applicable Common Stock purchasable hereunder acquired upon exercise of this Warrant shall also be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares shares of Common Stock purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Archer Aviation Inc.

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to 10(c) above, the number of Shares of Applicable Stock shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Fafco Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 14(c) or Section 14(d) hereof, the number of Shares shares of Applicable Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares of Common Stock purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Registration Rights Agreement (Horizon Offshore Inc)

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 11(c) or 11(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Universal Access Global Holdings Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to 10(c) or 10(d) above, the number of Shares of Applicable Stock shares purchasable hereunder under Section 1(a) hereof shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Brassie Golf Corp

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock Securities purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: Entera Bio Ltd.

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 14(c) or 14(d) hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Universal Automotive Industries Inc /De/

Adjustment of Number of Shares. Upon each adjustment in the Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (a) the numerator of which shall be the Exercise Price immediately prior to such the adjustment and (b) the denominator of which shall be the Exercise Price immediately thereafter.. 2.7

Appears in 1 contract

Samples: Material Technologies Inc /Ca/

Adjustment of Number of Shares. Upon each adjustment in the Exercise -------------------------------- Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: World Golf League Inc

Adjustment of Number of Shares. Upon each adjustment in the Exercise PricePrice pursuant to Section 13(c), 13(d) or 13(e)hereof, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole shareShare, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Universal Automotive Industries Inc /De/

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Exercise Price by a fraction, fraction (i) the numerator of which shall be the Exercise Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Exercise Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: Organogenesis Inc

Adjustment of Number of Shares. Upon each adjustment in the ---------------------------------- Exercise Price, the number of Shares of Applicable Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares Shares, purchasable immediately prior to such adjustment in the Exercise Price by a fraction, the numerator of which shall be the Exercise Price immediately prior to such adjustment and the denominator of which shall be the Exercise Price immediately thereafter.

Appears in 1 contract

Samples: World Golf League Inc

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