Common use of Adjustments to Prevent Dilution Clause in Contracts

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Stock, there is a change in the number of shares of Company Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Stock, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Mod Pac Corp), Agreement and Plan of Merger (Cole Kenneth Productions Inc), Agreement and Plan of Merger (Cole Kenneth Productions Inc)

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Adjustments to Prevent Dilution. In the event that at any time subsequent to the date hereof and prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Stock, Time there is a change in the number of shares of Company Stock outstanding Shares or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable into or exercisable for shares Company Shares issued and outstanding as a result of Company Stocka distribution, then reclassification, stock split (including a reverse split), stock dividend or distribution, recapitalization, merger, subdivision, issuer tender or exchange offer, or other similar transaction, the Merger Consideration shall be equitably adjusted to eliminate the effects of such eventevent on the Merger Consideration.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Rodman & Renshaw Capital Group, Inc.), Agreement and Plan of Merger (Hudson Holding Corp), Agreement and Plan of Merger (Hudson Holding Corp)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company StockShares, there is a change in the number of shares of Company Stock Shares outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company StockShares, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (FOHG Holdings, LLC), Agreement and Plan of Merger (Frederick's of Hollywood Group Inc /Ny/)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including including, without limitation, a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Stock, there is a change in the number of shares of Company Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Stock, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cablevision Systems Corp /Ny), Agreement and Plan of Merger (Cablevision Systems Corp /Ny)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), or stock dividend or stock distribution which in any such event is distribution, made on a pro rata basis to all holders of Company Stockstock of the entity making such a stock dividend or stock distribution, there is a change in the number of Company Shares or shares of Company Parent Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable into or exercisable for Company Shares or shares of Company Parent Common Stock, then the Merger Consideration Exchange Ratio shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Union Carbide Corp /New/)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company StockHolders, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Common Stock, then the Merger Consideration Consideration, the Option Cash Out and the Warrant Cash Out shall each be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (JLM Industries Inc)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Common Stock, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Common Stock, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mediacom Communications Corp)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Stockholders, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Common Stock, then the Merger Consideration and the Cash Amount (as defined in Section 6.04) shall each be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Del Laboratories Inc)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), or stock dividend or stock distribution which in any such event is distribution, made on a pro rata basis to all holders of Company Stocksuch class of stock of the entity making such a stock dividend or stock distribution, there is a change in the number of Preferred Shares or shares of Company Parent Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Stockoutstanding, then the applicable Merger Consideration to which a person is entitled shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ball Corp)

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Adjustments to Prevent Dilution. In the event that If prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or dividend, stock distribution or similar event which in any such event is made on a pro rata basis to all holders of Company Common Stock, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Common Stock, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tripath Imaging Inc)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company StockHolders, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Common Stock, then the Merger Consideration and the Option Cash Out shall each be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bway Corp)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which in any such event is made on a pro rata basis to all holders of Company Stock, there is a change in the number of shares of Company Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Stock, then the Merger Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Insight Communications Co Inc)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), stock dividend or stock distribution which that in any such event is made on a pro rata basis to all holders of Company Stock, there is a change in the number of shares of Company Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable or exercisable for shares of Company Stock, then the Merger Cash Consideration shall be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Altrust Financial Services Inc)

Adjustments to Prevent Dilution. In the event that prior to the Effective Time, solely as a result of a reclassification, combination, stock split (including a reverse stock split), or stock dividend or stock distribution which in any such event is distribution, made on a pro rata basis to all holders of Company Stockany class of stock of the Company, there is a change in the number of shares of Company Common Stock outstanding or issuable upon the conversion, exchange or exercise of securities or rights convertible or exchangeable into or exercisable for shares of Company Stock, Common Stock then the Merger Consideration shall and Option Consideration will each be equitably adjusted to eliminate the effects of such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Thousand Trails Inc /De/)

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