Common use of Adjustment Upon Certain Dividends Clause in Contracts

Adjustment Upon Certain Dividends. In the event the Corporation shall make or issue, or shall fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution with respect to the Common Stock payable in (i) securities of the Corporation other than shares of Common Stock, or (ii) other assets (excluding cash dividends or distributions), then and in each such event provision shall be made so that the Holder shall receive upon exercise of this Warrant in addition to the number of shares of Common Stock receivable thereupon, the number of securities or such other assets of the Corporation which they would have received had this Warrant been exercised immediately prior to such event.

Appears in 6 contracts

Samples: Halo Technology Holdings, Inc., Warp Technology Holdings Inc, Warp Technology Holdings Inc

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