Common use of Adjustments to the Merger Consideration Clause in Contracts

Adjustments to the Merger Consideration. The Merger Consideration shall be adjusted to reflect fully the appropriate effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock or Company Preferred Stock), reorganization, recapitalization, reclassification or other like change with respect to Company Common Stock or Company Preferred Stock having a record date on or after the date hereof and prior to the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Fortune Industries, Inc.), Agreement and Plan of Merger (Automatic Data Processing Inc)

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Adjustments to the Merger Consideration. The Merger Consideration shall be adjusted to reflect fully the appropriate effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock or Company Preferred Stock), reorganization, recapitalization, reclassification or other like change with respect to Company Common Stock or Company Preferred Stock having a record date on or after the date hereof and prior to the Effective Time, so that recipients of the Merger Consideration receive the same economic effect as contemplated by this Agreement prior to such event.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Water Pik Technologies Inc)

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Adjustments to the Merger Consideration. The Merger Consideration shall be appropriately adjusted to reflect fully the appropriate effect of any stock split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Company Common Stock or Company Preferred StockShares), reorganization, recapitalization, reclassification split up, combination or exchange of shares or other like change event with respect to Company Common Stock or Company Preferred Stock having a record date on or the Shares occurring after the date hereof and prior to the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Si Technologies Inc)

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