Consideration for the Commitment Sample Clauses

Consideration for the Commitment. In consideration for the Commitment, -------------------------------- on the Effective Date at the Closing the Standby Purchaser will receive the number of Arch Participation Warrants specified in Column E of Annex I ------- hereto. 15. Section 9(a)(x). Section 9(a)(x) of the Standby Commitment Letter is --------------- hereby amended in its entirety to read as follows:

Consideration for the Commitment. In consideration for the Commitment, on the Effective Date at the Closing the Standby Purchaser will receive its pro rata share of either (a) if a Rights Offering Adjustment shall not have occurred, Arch Warrants entitling the holders thereof to purchase, in the aggregate, a number of shares of Existing Arch Common Stock equal to 2.50% of the issued and outstanding shares of Existing Arch Common Stock and, if applicable, Arch Class B Common Stock, computed on a Fully Diluted Basis (as defined in the Plan) on the date the "Initial Buyer Market Price" is determined in accordance with Schedule II to the Merger Agreement giving effect to the Plan as if the Effective Date had occurred on such date and assuming 21,067,110 shares of Existing Arch Common Stock are issued and outstanding immediately prior thereto or (b) if a Rights Offering Adjustment shall have occurred, Arch Participation Warrants entitling the holders thereof to purchase, in the aggregate, a number of shares of Existing Arch Common Stock equal to 2.50% of the issued and outstanding shares of Existing Arch Common Stock and, if applicable, Arch Class B Common Stock, computed on a Fully Diluted Basis on the Rights Offering Adjustment Determination Date giving effect to the Plan as if the Effective Date had occurred on such date and assuming 21,067,110 shares of Existing Arch Common Stock are issued and outstanding immediately prior thereto. Such Arch Warrants or Arch Participation Warrants, as the case may be, will be delivered to the Standby Purchaser and the Other Standby Purchasers, in accordance with the percentages specified in Column D of Annex I hereto.