{"component": "clause", "props": {"groups": [{"samples": [{"hash": "jfnfMZ8LhU0", "uri": "/contracts/jfnfMZ8LhU0#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "First Supplemental Indenture (SITIME Corp)", "score": 37.3860359192, "published": true}, {"hash": "ihYeVQG5iJ0", "uri": "/contracts/ihYeVQG5iJ0#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Tandem Diabetes Care Inc)", "score": 37.1560592651, "published": true}, {"hash": "2Q6fUNbeNfo", "uri": "/contracts/2Q6fUNbeNfo#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Ionis Pharmaceuticals Inc)", "score": 36.8767967224, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than a change to par value, or from par value to no par value, or changes resulting from a subdivision or combination),\n(ii) any consolidation, merger, combination or similar transaction involving the Company,\n(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company\u2019s Subsidiaries substantially as an entirety or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then, at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property,\u201d with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or acquiring Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company or the successor or acquiring Person, as the case may be, shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have received in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property that a holder of one share of Common Stock would have received in such Share Exchange Event. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be the weighted average of the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the fifth Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average as soon as practicable after such determination is made. If the Reference Property in respect of any such Share Exchange Event includes, in whole or in part, shares of Common Equity or American depositary receipts (or other interests) in respect thereof, such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14 with respect to the portion of the Reference Property consisting of such Common Equity or American depositary receipts (or other interests) in respect thereof. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (including any combination thereof), other than cash and/or cash equivalents, of a Person other than the Company or the successor or acquiring Person, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person, if such Person is an Affiliate of the Company or the successor or acquiring Person, and shall contain such additional provisions to protect the interests of the Holders as the Company shall in good faith reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver or cause to be delivered notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a Holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "change-to", "type": "clause", "offset": [107, 116]}, {"key": "par-value", "type": "clause", "offset": [117, 126]}, {"key": "resulting-from", "type": "definition", "offset": [174, 188]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [191, 217]}, {"key": "similar-transaction", "type": "definition", "offset": [267, 286]}, {"key": "party-of-the", "type": "clause", "offset": [361, 373]}, {"key": "and-the-company", "type": "clause", "offset": [409, 424]}, {"key": "each-case", "type": "definition", "offset": [510, 519]}, {"key": "other-securities", "type": "clause", "offset": [609, 625]}, {"key": "after-the-effective-time", "type": "clause", "offset": [753, 777]}, {"key": "right-to-convert", "type": "clause", "offset": [812, 828]}, {"key": "amount-of-notes", "type": "clause", "offset": [851, 866]}, {"key": "shares-of-stock", "type": "definition", "offset": [967, 982]}, {"key": "securities-or-other-property", "type": "definition", "offset": [990, 1018]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1092, 1124]}, {"key": "equal-to", "type": "definition", "offset": [1125, 1133]}, {"key": "conversion-rate", "type": "clause", "offset": [1138, 1153]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1284, 1310]}, {"key": "one-share", "type": "definition", "offset": [1379, 1388]}, {"key": "at-the-effective-time", "type": "clause", "offset": [1477, 1498]}, {"key": "acquiring-person", "type": "definition", "offset": [1561, 1577]}, {"key": "the-trustee", "type": "clause", "offset": [1618, 1629]}, {"key": "supplemental-indenture", "type": "clause", "offset": [1632, 1654]}, {"key": "change-in", "type": "clause", "offset": [1707, 1716]}, {"key": "the-share-exchange", "type": "clause", "offset": [1836, 1854]}, {"key": "determine-the", "type": "clause", "offset": [1971, 1984]}, {"key": "consideration-to-be-paid", "type": "clause", "offset": [1993, 2017]}, {"key": "conversion-of-notes", "type": "clause", "offset": [2057, 2076]}, {"key": "in-accordance-with", "type": "definition", "offset": [2077, 2095]}, {"key": "amount-payable", "type": "definition", "offset": [2126, 2140]}, {"key": "conversion-of-the-notes", "type": "clause", "offset": [2154, 2177]}, {"key": "amount-and-type", "type": "clause", "offset": [2432, 2447]}, {"key": "daily-vwap", "type": "definition", "offset": [2588, 2598]}, {"key": "based-on", "type": "definition", "offset": [2619, 2627]}, {"key": "value-of-a-unit", "type": "definition", "offset": [2632, 2647]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2802, 2820]}, {"key": "right-to-receive", "type": "clause", "offset": [2859, 2875]}, {"key": "type-of-consideration", "type": "clause", "offset": [2895, 2916]}, {"key": "weighted-average", "type": "definition", "offset": [3082, 3098]}, {"key": "types-and-amounts", "type": "clause", "offset": [3106, 3123]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [3166, 3189]}, {"key": "the-unit", "type": "clause", "offset": [3200, 3208]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [3231, 3250]}, {"key": "the-consideration", "type": "clause", "offset": [3298, 3315]}, {"key": "in-clause", "type": "clause", "offset": [3328, 3337]}, {"key": "the-relevant", "type": "clause", "offset": [3503, 3515]}, {"key": "conversion-date", "type": "definition", "offset": [3516, 3531]}, {"key": "date-of", "type": "clause", "offset": [3559, 3566]}, {"key": "effect-on-the", "type": "clause", "offset": [3742, 3755]}, {"key": "increased-by", "type": "clause", "offset": [3783, 3795]}, {"key": "additional-shares", "type": "clause", "offset": [3800, 3817]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3818, 3837]}, {"key": "the-price", "type": "clause", "offset": [3860, 3869]}, {"key": "the-company-shall", "type": "clause", "offset": [3938, 3955]}, {"key": "conversion-obligation", "type": "definition", "offset": [3968, 3989]}, {"key": "converting-holders", "type": "definition", "offset": [4008, 4026]}, {"key": "business-day", "type": "clause", "offset": [4040, 4052]}, {"key": "following-the", "type": "definition", "offset": [4065, 4078]}, {"key": "conversion-agent", "type": "clause", "offset": [4159, 4175]}, {"key": "in-writing", "type": "clause", "offset": [4204, 4214]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [4240, 4262]}, {"key": "such-determination", "type": "definition", "offset": [4269, 4287]}, {"key": "in-respect-of", "type": "clause", "offset": [4323, 4336]}, {"key": "common-equity", "type": "definition", "offset": [4408, 4421]}, {"key": "american-depositary-receipts", "type": "clause", "offset": [4425, 4453]}, {"key": "other-interests", "type": "clause", "offset": [4458, 4473]}, {"key": "provide-for", "type": "definition", "offset": [4585, 4596]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4602, 4632]}, {"key": "article-14", "type": "definition", "offset": [4723, 4733]}, {"key": "with-respect-to", "type": "clause", "offset": [4734, 4749]}, {"key": "cash-equivalents", "type": "definition", "offset": [5087, 5103]}, {"key": "a-person", "type": "definition", "offset": [5108, 5116]}, {"key": "executed-by", "type": "clause", "offset": [5275, 5286]}, {"key": "other-person", "type": "definition", "offset": [5292, 5304]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [5327, 5351]}, {"key": "additional-provisions", "type": "definition", "offset": [5413, 5434]}, {"key": "the-interests", "type": "clause", "offset": [5446, 5459]}, {"key": "in-good-faith", "type": "clause", "offset": [5496, 5509]}, {"key": "the-foregoing", "type": "definition", "offset": [5553, 5566]}, {"key": "the-provisions", "type": "clause", "offset": [5578, 5592]}, {"key": "purchase-rights", "type": "clause", "offset": [5611, 5626]}, {"key": "article-15", "type": "definition", "offset": [5640, 5650]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5707, 5729]}, {"key": "an-officer", "type": "clause", "offset": [5806, 5816]}, {"key": "adjustment-to", "type": "clause", "offset": [6018, 6031]}, {"key": "conditions-precedent", "type": "clause", "offset": [6074, 6094]}, {"key": "notice-thereof", "type": "clause", "offset": [6172, 6186]}, {"key": "the-execution", "type": "clause", "offset": [6237, 6250]}, {"key": "days-after", "type": "definition", "offset": [6323, 6333]}, {"key": "failure-to-deliver", "type": "definition", "offset": [6353, 6371]}, {"key": "a-party", "type": "clause", "offset": [6491, 6498]}, {"key": "consistent-with", "type": "definition", "offset": [6548, 6563]}, {"key": "right-of", "type": "definition", "offset": [6634, 6642]}, {"key": "holder-of-notes", "type": "definition", "offset": [6645, 6660]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6832, 6859]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6904, 6930]}, {"key": "share-exchange-events", "type": "clause", "offset": [6967, 6988]}], "size": 181, "hash": "97dc8b783cc053bd1e29c4759bda525b", "id": 3}, {"samples": [{"hash": "6guHoBql1T3", "uri": "/contracts/6guHoBql1T3#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Riot Platforms, Inc.)", "score": 35.9431877136, "published": true}, {"hash": "7FledS55P6Z", "uri": "/contracts/7FledS55P6Z#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (MICROSTRATEGY Inc)", "score": 35.8884315491, "published": true}, {"hash": "aZct2YUcoLB", "uri": "/contracts/aZct2YUcoLB#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (MICROSTRATEGY Inc)", "score": 35.7186851501, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than changes resulting from a subdivision or combination),\n(ii) any consolidation, merger, combination or similar transaction involving the Company,\n(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company\u2019s Subsidiaries substantially as an entirety or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then, at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property,\u201d with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be the weighted average of the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the second Business Day immediately following the relevant Conversion Date. The Company shall notify in writing Holders, the Trustee and the Conversion Agent (if other than the Trustee) of such weighted average as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing corporation, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "resulting-from", "type": "definition", "offset": [113, 127]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [130, 156]}, {"key": "similar-transaction", "type": "definition", "offset": [206, 225]}, {"key": "party-of-the", "type": "clause", "offset": [300, 312]}, {"key": "and-the-company", "type": "clause", "offset": [348, 363]}, {"key": "each-case", "type": "definition", "offset": [449, 458]}, {"key": "other-securities", "type": "clause", "offset": [548, 564]}, {"key": "after-the-effective-time", "type": "clause", "offset": [692, 716]}, {"key": "right-to-convert", "type": "clause", "offset": [751, 767]}, {"key": "amount-of-notes", "type": "clause", "offset": [790, 805]}, {"key": "shares-of-stock", "type": "definition", "offset": [906, 921]}, {"key": "securities-or-other-property", "type": "definition", "offset": [929, 957]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1031, 1063]}, {"key": "equal-to", "type": "definition", "offset": [1064, 1072]}, {"key": "conversion-rate", "type": "clause", "offset": [1077, 1092]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1223, 1249]}, {"key": "one-share", "type": "definition", "offset": [1318, 1327]}, {"key": "at-the-effective-time", "type": "clause", "offset": [1416, 1437]}, {"key": "purchasing-person", "type": "definition", "offset": [1500, 1517]}, {"key": "the-trustee", "type": "clause", "offset": [1558, 1569]}, {"key": "supplemental-indenture", "type": "clause", "offset": [1572, 1594]}, {"key": "change-in", "type": "clause", "offset": [1647, 1656]}, {"key": "the-share-exchange", "type": "clause", "offset": [1776, 1794]}, {"key": "the-company-shall", "type": "clause", "offset": [1805, 1822]}, {"key": "determine-the", "type": "clause", "offset": [1853, 1866]}, {"key": "consideration-to-be-paid", "type": "clause", "offset": [1875, 1899]}, {"key": "conversion-of-notes", "type": "clause", "offset": [1939, 1958]}, {"key": "in-accordance-with", "type": "definition", "offset": [1959, 1977]}, {"key": "amount-payable", "type": "definition", "offset": [2008, 2022]}, {"key": "conversion-of-the-notes", "type": "clause", "offset": [2036, 2059]}, {"key": "amount-and-type", "type": "clause", "offset": [2314, 2329]}, {"key": "daily-vwap", "type": "definition", "offset": [2486, 2496]}, {"key": "based-on", "type": "definition", "offset": [2517, 2525]}, {"key": "value-of-a-unit", "type": "definition", "offset": [2530, 2545]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2608, 2626]}, {"key": "right-to-receive", "type": "clause", "offset": [2665, 2681]}, {"key": "type-of-consideration", "type": "clause", "offset": [2701, 2722]}, {"key": "weighted-average", "type": "definition", "offset": [2888, 2904]}, {"key": "types-and-amounts", "type": "clause", "offset": [2912, 2929]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [2972, 2995]}, {"key": "the-unit", "type": "clause", "offset": [3006, 3014]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [3037, 3056]}, {"key": "the-consideration", "type": "clause", "offset": [3104, 3121]}, {"key": "in-clause", "type": "clause", "offset": [3134, 3143]}, {"key": "the-relevant", "type": "clause", "offset": [3309, 3321]}, {"key": "conversion-date", "type": "definition", "offset": [3322, 3337]}, {"key": "date-of", "type": "clause", "offset": [3365, 3372]}, {"key": "effect-on-the", "type": "clause", "offset": [3548, 3561]}, {"key": "increased-by", "type": "clause", "offset": [3589, 3601]}, {"key": "additional-shares", "type": "clause", "offset": [3606, 3623]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3624, 3643]}, {"key": "the-price", "type": "clause", "offset": [3666, 3675]}, {"key": "conversion-obligation", "type": "definition", "offset": [3774, 3795]}, {"key": "converting-holders", "type": "definition", "offset": [3814, 3832]}, {"key": "business-day", "type": "clause", "offset": [3847, 3859]}, {"key": "following-the", "type": "definition", "offset": [3872, 3885]}, {"key": "in-writing", "type": "clause", "offset": [3937, 3947]}, {"key": "conversion-agent", "type": "clause", "offset": [3977, 3993]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [4047, 4069]}, {"key": "such-determination", "type": "definition", "offset": [4076, 4094]}, {"key": "provide-for", "type": "definition", "offset": [4194, 4205]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4211, 4241]}, {"key": "article-14", "type": "definition", "offset": [4332, 4342]}, {"key": "a-person", "type": "definition", "offset": [4524, 4532]}, {"key": "executed-by", "type": "clause", "offset": [4682, 4693]}, {"key": "other-person", "type": "definition", "offset": [4699, 4711]}, {"key": "additional-provisions", "type": "definition", "offset": [4735, 4756]}, {"key": "the-interests", "type": "clause", "offset": [4768, 4781]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [4789, 4809]}, {"key": "the-board-of-directors", "type": "clause", "offset": [4813, 4835]}, {"key": "the-foregoing", "type": "definition", "offset": [4885, 4898]}, {"key": "the-provisions", "type": "clause", "offset": [4910, 4924]}, {"key": "purchase-rights", "type": "clause", "offset": [4943, 4958]}, {"key": "article-15", "type": "definition", "offset": [4972, 4982]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5039, 5061]}, {"key": "an-officer", "type": "clause", "offset": [5138, 5148]}, {"key": "adjustment-to", "type": "clause", "offset": [5350, 5363]}, {"key": "conditions-precedent", "type": "clause", "offset": [5406, 5426]}, {"key": "notice-thereof", "type": "clause", "offset": [5479, 5493]}, {"key": "the-execution", "type": "clause", "offset": [5544, 5557]}, {"key": "days-after", "type": "definition", "offset": [5630, 5640]}, {"key": "failure-to-deliver", "type": "definition", "offset": [5660, 5678]}, {"key": "a-party", "type": "clause", "offset": [5798, 5805]}, {"key": "consistent-with", "type": "definition", "offset": [5855, 5870]}, {"key": "right-of", "type": "definition", "offset": [5941, 5949]}, {"key": "holder-of-notes", "type": "definition", "offset": [5952, 5967]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6139, 6166]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6211, 6237]}, {"key": "share-exchange-events", "type": "clause", "offset": [6274, 6295]}], "size": 265, "hash": "f4be111ce182efcab44d2b8a65e1e75f", "id": 1}, {"samples": [{"hash": "4Inf53bbwer", "uri": "/contracts/4Inf53bbwer#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Cloudflare, Inc.)", "score": 36.4579048157, "published": true}, {"hash": "1el5jNQQVIK", "uri": "/contracts/1el5jNQQVIK#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (BILL Holdings, Inc.)", "score": 35.9295005798, "published": true}, {"hash": "1pRKvwbqkt7", "uri": "/contracts/1pRKvwbqkt7#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Cloudflare, Inc.)", "score": 32.8439407349, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than changes in par value or resulting from a subdivision or combination),\n(ii) any consolidation, merger, combination or similar transaction involving the Company,\n(iii) any sale, lease or other transfer to a third party of all or substantially all of the consolidated assets of the Company and the Company\u2019s Subsidiaries, taken as a whole, or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property,\u201d with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or acquiring Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company or the successor or acquiring company, as the case may be, shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be (x) the weighted average of the types and amounts of consideration received by the holders of Common Stock that affirmatively make such an election or (y) if no holders of Common Stock affirmatively make such an election, the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying such cash amount to converting Holders on the second Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average as soon as reasonably practicable after such determination is made. If the Reference Property in respect of any Share Exchange Event includes, in whole or in part, shares of common equity, such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14 with respect to the portion of the Reference Property consisting of such common equity. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (other than cash and/or cash equivalents) of a Person other than the successor or purchasing corporation, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person, if such other Person is an affiliate of the Company or the successor or acquiring company, and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "changes-in", "type": "definition", "offset": [105, 115]}, {"key": "par-value", "type": "clause", "offset": [116, 125]}, {"key": "resulting-from", "type": "definition", "offset": [129, 143]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [146, 172]}, {"key": "similar-transaction", "type": "definition", "offset": [222, 241]}, {"key": "transfer-to-a-third-party", "type": "clause", "offset": [296, 321]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [325, 349]}, {"key": "and-the-company", "type": "clause", "offset": [392, 407]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [424, 440]}, {"key": "each-case", "type": "definition", "offset": [483, 492]}, {"key": "other-securities", "type": "clause", "offset": [582, 598]}, {"key": "after-the-effective-time", "type": "clause", "offset": [725, 749]}, {"key": "right-to-convert", "type": "clause", "offset": [784, 800]}, {"key": "amount-of-notes", "type": "clause", "offset": [823, 838]}, {"key": "shares-of-stock", "type": "definition", "offset": [939, 954]}, {"key": "securities-or-other-property", "type": "definition", "offset": [962, 990]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1064, 1096]}, {"key": "equal-to", "type": "definition", "offset": [1097, 1105]}, {"key": "conversion-rate", "type": "clause", "offset": [1110, 1125]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1256, 1282]}, {"key": "one-share", "type": "definition", "offset": [1351, 1360]}, {"key": "at-the-effective-time", "type": "clause", "offset": [1449, 1470]}, {"key": "acquiring-person", "type": "definition", "offset": [1533, 1549]}, {"key": "the-trustee", "type": "clause", "offset": [1590, 1601]}, {"key": "supplemental-indenture", "type": "clause", "offset": [1604, 1626]}, {"key": "change-in", "type": "clause", "offset": [1679, 1688]}, {"key": "the-share-exchange", "type": "clause", "offset": [1808, 1826]}, {"key": "acquiring-company", "type": "definition", "offset": [1869, 1886]}, {"key": "determine-the", "type": "clause", "offset": [1944, 1957]}, {"key": "consideration-to-be-paid", "type": "clause", "offset": [1966, 1990]}, {"key": "conversion-of-notes", "type": "clause", "offset": [2030, 2049]}, {"key": "in-accordance-with", "type": "definition", "offset": [2050, 2068]}, {"key": "amount-payable", "type": "definition", "offset": [2099, 2113]}, {"key": "conversion-of-the-notes", "type": "clause", "offset": [2127, 2150]}, {"key": "amount-and-type", "type": "clause", "offset": [2405, 2420]}, {"key": "daily-vwap", "type": "definition", "offset": [2577, 2587]}, {"key": "based-on", "type": "definition", "offset": [2608, 2616]}, {"key": "value-of-a-unit", "type": "definition", "offset": [2621, 2636]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2699, 2717]}, {"key": "right-to-receive", "type": "clause", "offset": [2756, 2772]}, {"key": "type-of-consideration", "type": "clause", "offset": [2792, 2813]}, {"key": "weighted-average", "type": "definition", "offset": [2983, 2999]}, {"key": "types-and-amounts", "type": "clause", "offset": [3007, 3024]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [3058, 3081]}, {"key": "an-election", "type": "clause", "offset": [3111, 3122]}, {"key": "the-unit", "type": "clause", "offset": [3295, 3303]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [3326, 3345]}, {"key": "the-consideration", "type": "clause", "offset": [3393, 3410]}, {"key": "in-clause", "type": "clause", "offset": [3423, 3432]}, {"key": "the-relevant", "type": "clause", "offset": [3598, 3610]}, {"key": "conversion-date", "type": "definition", "offset": [3611, 3626]}, {"key": "date-of", "type": "clause", "offset": [3654, 3661]}, {"key": "effect-on-the", "type": "clause", "offset": [3837, 3850]}, {"key": "increased-by", "type": "clause", "offset": [3878, 3890]}, {"key": "additional-shares", "type": "clause", "offset": [3895, 3912]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3913, 3932]}, {"key": "the-price", "type": "clause", "offset": [3955, 3964]}, {"key": "the-company-shall", "type": "clause", "offset": [4033, 4050]}, {"key": "conversion-obligation", "type": "definition", "offset": [4063, 4084]}, {"key": "cash-amount", "type": "clause", "offset": [4100, 4111]}, {"key": "converting-holders", "type": "definition", "offset": [4115, 4133]}, {"key": "business-day", "type": "clause", "offset": [4148, 4160]}, {"key": "following-the", "type": "definition", "offset": [4173, 4186]}, {"key": "conversion-agent", "type": "clause", "offset": [4267, 4283]}, {"key": "in-writing", "type": "clause", "offset": [4312, 4322]}, {"key": "such-determination", "type": "definition", "offset": [4388, 4406]}, {"key": "in-respect-of", "type": "clause", "offset": [4442, 4455]}, {"key": "common-equity", "type": "definition", "offset": [4522, 4535]}, {"key": "provide-for", "type": "definition", "offset": [4627, 4638]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4644, 4674]}, {"key": "article-14", "type": "definition", "offset": [4765, 4775]}, {"key": "with-respect-to", "type": "clause", "offset": [4776, 4791]}, {"key": "cash-equivalents", "type": "definition", "offset": [5021, 5037]}, {"key": "a-person", "type": "definition", "offset": [5042, 5050]}, {"key": "executed-by", "type": "clause", "offset": [5200, 5211]}, {"key": "other-person", "type": "definition", "offset": [5217, 5229]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [5258, 5282]}, {"key": "additional-provisions", "type": "definition", "offset": [5345, 5366]}, {"key": "the-interests", "type": "clause", "offset": [5378, 5391]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [5399, 5419]}, {"key": "the-board-of-directors", "type": "clause", "offset": [5423, 5445]}, {"key": "the-foregoing", "type": "definition", "offset": [5495, 5508]}, {"key": "the-provisions", "type": "clause", "offset": [5520, 5534]}, {"key": "purchase-rights", "type": "clause", "offset": [5553, 5568]}, {"key": "article-15", "type": "definition", "offset": [5582, 5592]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5649, 5671]}, {"key": "an-officer", "type": "clause", "offset": [5748, 5758]}, {"key": "adjustment-to", "type": "clause", "offset": [5960, 5973]}, {"key": "conditions-precedent", "type": "clause", "offset": [6016, 6036]}, {"key": "notice-thereof", "type": "clause", "offset": [6089, 6103]}, {"key": "the-execution", "type": "clause", "offset": [6154, 6167]}, {"key": "days-after", "type": "definition", "offset": [6240, 6250]}, {"key": "failure-to-deliver", "type": "definition", "offset": [6270, 6288]}, {"key": "right-of", "type": "definition", "offset": [6429, 6437]}, {"key": "holder-of-notes", "type": "definition", "offset": [6440, 6455]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6627, 6654]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6699, 6725]}, {"key": "share-exchange-events", "type": "clause", "offset": [6762, 6783]}], "size": 228, "hash": "82b11e6ec5fa703b15ba4ff7b545f0c9", "id": 2}, {"samples": [{"hash": "9VmOvGIVlpu", "uri": "/contracts/9VmOvGIVlpu#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Royal Caribbean Cruises LTD)", "score": 33.5995903015, "published": true}, {"hash": "1Su2HHCuuPD", "uri": "/contracts/1Su2HHCuuPD#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Royal Caribbean Cruises LTD)", "score": 31.4366874695, "published": true}, {"hash": "g5Lt0Axi2aY", "uri": "/contracts/g5Lt0Axi2aY#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Royal Caribbean Cruises LTD)", "score": 29.7898693085, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than a change to par value, or from par value to no par value, or changes resulting from a subdivision or combination);\n(ii) any consolidation, merger or other combination involving the Company; or\n(iii) any sale, lease or other transfer or disposition to a third party (other than to any of the Company\u2019s Wholly-Owned Subsidiaries) of all or substantially all of the Company\u2019s and its Subsidiaries\u2019 consolidated assets, taken as a whole; or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cSpecified Corporate Event\u201d and any such stock, other securities, other property or assets (including cash or any combination thereof), \u201cReference Property\u201d and the amount of Reference Property that a holder of one share of the Common Stock immediately prior to such Specified Corporate Event would have been entitled to receive upon the occurrence of such Specified Corporate Event, a \u201cUnit of Reference Property\u201d), then the Company, or the successor or purchasing Person, as the case may be, will execute with the Trustee, without the consent of the Holders, a supplemental indenture providing that, at and after the effective time of the Specified Corporate Event, the right to convert each $1,000 principal amount of Notes for shares of Common Stock will be changed into a right to convert such principal amount of Notes for the kind and amount of Reference Property that a holder of a number of shares of the Common Stock equal to the Conversion Rate immediately prior to such Specified Corporate Event would have been entitled to receive upon such Specified Corporate Event; provided, however, that at and after the effective time of such Specified Corporate Event:\n(A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02; and\n(B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the Units of Reference Property that a holder of that number of shares of Common Stock would have received in such Specified Corporate Event and (III) the Daily VWAP shall be calculated based on the value of a Unit of Reference Property; provided, however, that if the holders of Common Stock receive only cash in such Specified Corporate Event, then for all conversions that occur after the effective date of such Specified Corporate Event (x) the consideration due upon conversion of each $1,000 principal aggregate amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Specified Corporate Event and (y) the Company shall satisfy the Conversion Obligation by paying such cash to the converting Holder on the second Business Day immediately following the Conversion Date. If the Specified Corporate Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of shareholder election), then the Reference Property into which the Notes shall be convertible shall be the weighted average of the types and amounts of consideration actually received by the holders of Common Stock. The Company shall notify, in writing, the Holders, the Trustee and the Conversion Agent (if other than the Trustee) of the weighted average as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If the Reference Property in respect of any such Specified Corporate Event includes shares of stock, other securities or other property or assets (other than cash) (including any combination thereof) of an entity other than the Company or the successor or purchasing Person, as the case may be, in such Specified Corporate Event, then such other entity, if it is a party to such Specified Corporate Event, shall also execute such supplemental indenture, and such supplemental indenture shall contain such additional provisions to protect the interests of the Holders, including the right of Holders to require the Company to repurchase their Notes upon a Fundamental Change in accordance with Article 15, as the Board of Directors shall reasonably consider necessary by reason of the foregoing.\n(b) In the event the Company shall execute a supplemental indenture pursuant to Section 14.07(a), the Company shall furnish to the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or other assets (including any combination thereof) that will comprise the Reference Property after any such Specified Corporate Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly send notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be sent to each Holder, at its address appearing on the Note Register provided for in this Indenture, within 20 Business Days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) If the Notes become convertible into Reference Property, the Company shall notify the Trustee in writing and (i) issue a press release containing the relevant information or disclose the relevant information in a Current Report on Form 8-K and (ii) post such information on the Company\u2019s website.\n(d) The Company shall not become a party to any Specified Corporate Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a Holder to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Specified Corporate Event.\n(e) The above provisions of this Section shall similarly apply to successive Specified Corporate Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "change-to", "type": "clause", "offset": [107, 116]}, {"key": "par-value", "type": "clause", "offset": [117, 126]}, {"key": "resulting-from", "type": "definition", "offset": [174, 188]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [191, 217]}, {"key": "other-combination", "type": "definition", "offset": [254, 271]}, {"key": "other-transfer", "type": "clause", "offset": [323, 337]}, {"key": "a-third-party", "type": "clause", "offset": [356, 369]}, {"key": "of-the-company", "type": "clause", "offset": [389, 403]}, {"key": "owned-subsidiaries", "type": "clause", "offset": [413, 431]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [436, 460]}, {"key": "consolidated-assets", "type": "clause", "offset": [500, 519]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [521, 537]}, {"key": "share-exchange", "type": "definition", "offset": [561, 575]}, {"key": "each-case", "type": "definition", "offset": [580, 589]}, {"key": "other-securities", "type": "clause", "offset": [678, 694]}, {"key": "specified-corporate-event", "type": "definition", "offset": [785, 810]}, {"key": "one-share", "type": "definition", "offset": [995, 1004]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1171, 1197]}, {"key": "purchasing-person", "type": "definition", "offset": [1239, 1256]}, {"key": "consent-of-the", 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Inc.)", "score": 35.9623527527, "published": true}, {"hash": "gXGUZ2QzDRD", "uri": "/contracts/gXGUZ2QzDRD#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Plug Power Inc)", "score": 35.2313499451, "published": true}, {"hash": "64QEL1nrqQT", "uri": "/contracts/64QEL1nrqQT#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Esperion Therapeutics, Inc.)", "score": 31.8747425079, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than changes in par value or resulting from a subdivision or combination),\n(ii) any consolidation, merger or combination involving the Company,\n(iii) any sale, lease or other transfer to a third party of all or substantially all of the Company\u2019s and the Company\u2019s Subsidiaries\u2019 consolidated assets, taken as a whole or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then, at the effective time of such Share Exchange Event, the Company or the Successor Company, as the case may be, will execute with the Trustee a supplemental indenture, without the consent of Holders, providing that at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property\u201d, with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event. However, at and after the effective time of the Share Exchange Event (A) the Company or the Successor Company, as the case may be, shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with \u200eSection 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with \u200eSection 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with \u200eSection 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have received in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be the weighted average of the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to \u200eSection 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying such cash amount to converting Holders on the second Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average as soon as reasonably practicable after such determination is made. If the Reference Property in respect of any Share Exchange Event includes, in whole or in part, shares of Common Equity or securities convertible into or exchangeable for shares of Common Equity, the such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that are as nearly equivalent as possible to the adjustments provided for in this \u200eArticle 14 with respect to the portion of Reference Property consisting of such Common Equity or securities convertible into or exchangeable for shares of Common Equity. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (other than cash and/or cash equivalents) of a Person other than the Company or the Successor Company, as the case may be, in such Share Exchange Event, then if such other Person is an Affiliate of the Company or such Successor Company, such supplemental indenture shall also be executed by such other Person. Such supplemental indenture shall contain such additional provisions to protect the interests of the Holders as the Board of Directors reasonably considers necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in \u200eArticle 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection \u200e(a) of this \u200eSection 14.07, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver or cause to be delivered notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this \u200e\u200eSection 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in \u200eSection 14.01 and \u200eSection 14.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.\n(e) Upon the consummation of any Share Exchange Event, references to \u201cCommon Stock\u201d shall be deemed to refer to any Reference Property that constitutes capital stock after giving effect to such Share Exchange Event.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "changes-in", "type": "definition", "offset": [105, 115]}, {"key": "par-value", "type": "clause", "offset": [116, 125]}, {"key": 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{"key": "affiliate-of-the-company", "type": "definition", "offset": [4959, 4983]}, {"key": "executed-by", "type": "clause", "offset": [5053, 5064]}, {"key": "additional-provisions", "type": "definition", "offset": [5131, 5152]}, {"key": "the-interests", "type": "clause", "offset": [5164, 5177]}, {"key": "the-board-of-directors", "type": "clause", "offset": [5196, 5218]}, {"key": "the-foregoing", "type": "definition", "offset": [5263, 5276]}, {"key": "the-provisions", "type": "clause", "offset": [5288, 5302]}, {"key": "purchase-rights", "type": "clause", "offset": [5321, 5336]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5418, 5440]}, {"key": "an-officer", "type": "clause", "offset": [5519, 5529]}, {"key": "adjustment-to", "type": "clause", "offset": [5731, 5744]}, {"key": "conditions-precedent", "type": "clause", "offset": [5787, 5807]}, {"key": "notice-thereof", "type": "clause", "offset": [5885, 5899]}, {"key": "the-execution", "type": "clause", "offset": [5950, 5963]}, {"key": "days-after", "type": "definition", "offset": [6036, 6046]}, {"key": "failure-to-deliver", "type": "definition", "offset": [6066, 6084]}, {"key": "a-party", "type": "clause", "offset": [6204, 6211]}, {"key": "consistent-with", "type": "definition", "offset": [6261, 6276]}, {"key": "right-of", "type": "definition", "offset": [6349, 6357]}, {"key": "holder-of-notes", "type": "definition", "offset": [6360, 6375]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6549, 6576]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6621, 6647]}, {"key": "share-exchange-events", "type": "clause", "offset": [6684, 6705]}, {"key": "consummation-of", "type": "clause", "offset": [6720, 6735]}, {"key": "references-to", "type": "definition", "offset": [6762, 6775]}, {"key": "to-refer", "type": "definition", "offset": [6807, 6815]}, {"key": "capital-stock", "type": "definition", "offset": [6859, 6872]}, {"key": "after-giving", "type": "clause", "offset": [6873, 6885]}], "size": 32, "hash": "e5d29ed2b7e210425c8b0a21091198ec", "id": 5}, {"samples": [{"hash": "i9sPIBasnhu", "uri": "/contracts/i9sPIBasnhu#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (RumbleON, Inc.)", "score": 31.0396995544, "published": true}, {"hash": "a2CO4Vq3zcC", "uri": "/contracts/a2CO4Vq3zcC#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (RumbleON, Inc.)", "score": 30.3661880493, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than changes resulting from a subdivision or combination or a change of par value or to no par value),\n(ii) any consolidation, merger, combination or similar transaction involving the Company,\n(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company\u2019s Subsidiaries substantially as an entirety or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then, at the effective time of the Share Exchange Event, the Company or the successor or acquiring corporation, as the case may be, shall execute with the Trustee a supplemental indenture, without the consent of Holders, providing that at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property,\u201d with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(g) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such Share Exchange Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then the Reference Property into which the Notes will be convertible shall be deemed to be the weighted average of the types and amounts of consideration received by the holders of Common Stock. If the holders of the Common Stock receive only cash in such Share Exchange Event, then for all conversions for which the relevant Conversion Date occurs after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Share Exchange Event, and, if applicable, an Interest Make-Whole Payment, which the Company shall pay in cash (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the second Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average of the types and amounts of consideration received by the holders of the Common Stock as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or acquiring corporation, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly deliver to the Trustee an Officers\u2019 Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "resulting-from", "type": "definition", "offset": [113, 127]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [130, 156]}, {"key": "change-of-par-value", "type": "clause", "offset": [162, 181]}, {"key": "similar-transaction", "type": "definition", "offset": [250, 269]}, {"key": "party-of-the", "type": "clause", "offset": [344, 356]}, {"key": "and-the-company", "type": "clause", "offset": [392, 407]}, {"key": "each-case", "type": "definition", "offset": [493, 502]}, {"key": "other-securities", "type": "clause", "offset": [592, 608]}, {"key": "the-share-exchange", "type": "clause", "offset": [754, 772]}, {"key": "acquiring-corporation", "type": "clause", "offset": [812, 833]}, {"key": "supplemental-indenture", "type": "clause", "offset": [888, 910]}, {"key": "without-the-consent-of-holders", "type": "clause", "offset": [912, 942]}, {"key": "after-the-effective-time", "type": "clause", "offset": [966, 990]}, {"key": "right-to-convert", "type": "clause", "offset": [1025, 1041]}, {"key": "amount-of-notes", "type": "clause", "offset": [1064, 1079]}, {"key": "shares-of-stock", "type": "definition", "offset": [1180, 1195]}, {"key": "securities-or-other-property", "type": "definition", "offset": [1203, 1231]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1305, 1337]}, {"key": "equal-to", "type": "definition", "offset": [1338, 1346]}, {"key": "conversion-rate", "type": "clause", "offset": [1351, 1366]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1497, 1523]}, {"key": "one-share", "type": "definition", "offset": [1592, 1601]}, {"key": "purchasing-person", "type": "definition", "offset": [1774, 1791]}, {"key": "change-in", "type": "clause", "offset": [1921, 1930]}, {"key": "the-company-shall", "type": "clause", "offset": [2079, 2096]}, {"key": "determine-the", "type": "clause", "offset": [2127, 2140]}, {"key": "consideration-to-be-paid", "type": "clause", "offset": [2149, 2173]}, {"key": "conversion-of-notes", "type": "clause", "offset": [2213, 2232]}, {"key": "in-accordance-with", "type": "definition", "offset": [2233, 2251]}, {"key": "amount-payable", "type": "definition", "offset": [2282, 2296]}, {"key": "conversion-of-the-notes", "type": "clause", "offset": [2310, 2333]}, {"key": "amount-and-type", "type": "clause", "offset": [2588, 2603]}, {"key": "daily-vwap", "type": "definition", "offset": [2760, 2770]}, {"key": "based-on", "type": "definition", "offset": [2791, 2799]}, {"key": "value-of-a-unit", "type": "definition", "offset": [2804, 2819]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2882, 2900]}, {"key": "right-to-receive", "type": "clause", "offset": [2939, 2955]}, {"key": "type-of-consideration", "type": "clause", "offset": [2975, 2996]}, {"key": "weighted-average", "type": "definition", "offset": [3158, 3174]}, {"key": "types-and-amounts", "type": "clause", "offset": [3182, 3199]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [3233, 3256]}, {"key": "the-relevant", "type": "clause", "offset": [3376, 3388]}, {"key": "conversion-date", "type": "definition", "offset": [3389, 3404]}, {"key": "date-of", "type": "clause", "offset": [3432, 3439]}, {"key": "the-consideration", "type": "clause", "offset": [3470, 3487]}, {"key": "effect-on-the", "type": "clause", "offset": [3615, 3628]}, {"key": "increased-by", "type": "clause", "offset": [3656, 3668]}, {"key": "additional-shares", "type": "clause", "offset": [3673, 3690]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3691, 3710]}, {"key": "the-price", "type": "clause", "offset": [3733, 3742]}, {"key": "if-applicable", "type": "clause", "offset": [3809, 3822]}, {"key": "an-interest", "type": "clause", "offset": [3824, 3835]}, {"key": "conversion-obligation", "type": "definition", "offset": [3926, 3947]}, {"key": "converting-holders", "type": "definition", "offset": [3966, 3984]}, {"key": "business-day", "type": "clause", "offset": [3999, 4011]}, {"key": "following-the", "type": "definition", "offset": [4024, 4037]}, {"key": "conversion-agent", "type": "clause", "offset": [4118, 4134]}, {"key": "in-writing", "type": "clause", "offset": [4163, 4173]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [4285, 4307]}, {"key": "such-determination", "type": "definition", "offset": [4314, 4332]}, {"key": "provide-for", "type": "definition", "offset": [4432, 4443]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4449, 4479]}, {"key": "article-14", "type": "definition", "offset": [4570, 4580]}, {"key": "a-person", "type": "definition", "offset": [4762, 4770]}, {"key": "executed-by", "type": "clause", "offset": [4919, 4930]}, {"key": "other-person", "type": "definition", "offset": [4936, 4948]}, {"key": "additional-provisions", "type": "definition", "offset": [4972, 4993]}, {"key": "the-interests", "type": "clause", "offset": [5005, 5018]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [5026, 5046]}, {"key": "the-board-of-directors", "type": "clause", "offset": [5050, 5072]}, {"key": "the-foregoing", "type": "definition", "offset": [5122, 5135]}, {"key": "the-provisions", "type": "clause", "offset": [5147, 5161]}, {"key": "purchase-rights", "type": "clause", "offset": [5180, 5195]}, {"key": "article-15", "type": "definition", "offset": [5209, 5219]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5276, 5298]}, {"key": "to-the-trustee", "type": "clause", "offset": [5361, 5375]}, {"key": "an-officers", "type": "clause", "offset": [5376, 5387]}, {"key": "adjustment-to", "type": "clause", "offset": [5588, 5601]}, {"key": "conditions-precedent", "type": "clause", "offset": [5644, 5664]}, {"key": "notice-thereof", "type": "clause", "offset": [5717, 5731]}, {"key": "the-execution", "type": "clause", "offset": [5782, 5795]}, {"key": "days-after", "type": "definition", "offset": [5868, 5878]}, {"key": "failure-to-deliver", "type": "definition", "offset": [5898, 5916]}, {"key": "a-party", "type": "clause", "offset": [6036, 6043]}, {"key": "consistent-with", "type": "definition", "offset": [6093, 6108]}, {"key": "right-of", "type": "definition", "offset": [6179, 6187]}, {"key": "holder-of-notes", "type": "definition", "offset": [6190, 6205]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6377, 6404]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6449, 6475]}, {"key": "share-exchange-events", "type": "clause", "offset": [6512, 6533]}], "size": 27, "hash": "2ec8219a20c3bf2305218d58ffbfa98e", "id": 6}, {"samples": [{"hash": "hNYFO02lDJq", "uri": "/contracts/hNYFO02lDJq#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Servicesource International, Inc.)", "score": 24.6167011261, "published": true}], "snippet": "In the case of: any recapitalization, reclassification or change of the Common Stock (other than changes resulting from a subdivision or combination), any consolidation, merger or combination involving the Company, any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company's Subsidiaries substantially as an entirety or any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \"Merger Event\"), then, at and after the effective time of such Merger Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Merger Event would have owned or been entitled to receive (the \"Reference Property\", with each \"unit of Reference Property\" meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Merger Event and, prior to or at the effective time of such Merger Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(f) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Merger Event (A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 14.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 14.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 14.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have received in such Merger Event and (III) the Daily VWAP shall be calculated based on the value of a unit of Reference Property. If the Merger Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be (x) the weighted average of the types and amounts of consideration received by the holders of Common Stock that affirmatively make such an election or (y) if no holders of Common Stock affirmatively make such an election, the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders receive only cash in such Merger Event, then for all conversions that occur after the effective date of such Merger Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of Common Stock in such Merger Event and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the third Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14. If, in the case of any Merger Event, the Reference Property includes shares of stock, securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing corporation, as the case may be, in such Merger Event, then such supplemental indenture shall also be executed by such other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15. When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee, in addition to the requirements of Section 10.05 hereunder, an Officer's Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Merger Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly mail notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be mailed to each Holder, at its address appearing on the Note Register provided for in this Indenture, within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture. The Company shall not become a party to any Merger Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Merger Event. The above provisions of this Section shall similarly apply to successive Merger Events. Upon the consummation of any Merger Event, references to \"Common Stock\" shall be deemed to refer to any Reference Property that constitutes capital stock after giving effect to such Merger Event.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [0, 11]}, {"key": "change-of", "type": "definition", "offset": [58, 67]}, {"key": "the-common-stock", "type": "clause", "offset": [68, 84]}, {"key": "resulting-from", "type": "definition", "offset": [105, 119]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [122, 148]}, {"key": "party-of-the", "type": "clause", "offset": [260, 272]}, {"key": "and-the-company", "type": "clause", "offset": [308, 323]}, {"key": "share-exchange", "type": "definition", "offset": [385, 399]}, {"key": "each-case", "type": "definition", "offset": [404, 413]}, {"key": "other-securities", "type": "clause", "offset": [503, 519]}, {"key": "after-the-effective-time", "type": "clause", "offset": [639, 663]}, {"key": "right-to-convert", "type": "clause", "offset": [690, 706]}, {"key": "amount-of-notes", "type": "clause", "offset": [729, 744]}, {"key": "shares-of-stock", "type": "definition", "offset": [845, 860]}, {"key": "securities-or-other-property", "type": "definition", "offset": [868, 896]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [970, 1002]}, {"key": "equal-to", "type": "definition", "offset": [1003, 1011]}, {"key": "conversion-rate", "type": "clause", "offset": [1016, 1031]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1154, 1180]}, {"key": "one-share", "type": "definition", "offset": [1249, 1258]}, {"key": "at-the-effective-time", "type": "clause", "offset": [1339, 1360]}, {"key": "purchasing-person", "type": "definition", "offset": [1415, 1432]}, {"key": "the-trustee", "type": "clause", "offset": [1473, 1484]}, {"key": "supplemental-indenture", "type": "clause", "offset": [1487, 1509]}, {"key": "change-in", "type": "clause", "offset": [1562, 1571]}, {"key": "the-effective-time-of-the-merger", "type": "clause", "offset": [1669, 1701]}, {"key": "the-company-shall", "type": "clause", "offset": [1712, 1729]}, {"key": "determine-the", "type": "clause", "offset": [1760, 1773]}, {"key": "consideration-to-be-paid", "type": "clause", "offset": [1782, 1806]}, {"key": "conversion-of-notes", "type": "clause", "offset": [1846, 1865]}, {"key": "in-accordance-with", "type": "definition", "offset": [1866, 1884]}, {"key": "amount-payable", "type": "definition", "offset": [1915, 1929]}, {"key": "conversion-of-the-notes", "type": "clause", "offset": [1943, 1966]}, {"key": "amount-and-type", "type": "clause", "offset": [2221, 2236]}, {"key": "daily-vwap", "type": "definition", "offset": [2369, 2379]}, {"key": "based-on", "type": "definition", "offset": [2400, 2408]}, {"key": "value-of-a-unit", "type": "definition", "offset": [2413, 2428]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2483, 2501]}, {"key": "right-to-receive", "type": "clause", "offset": [2540, 2556]}, {"key": "type-of-consideration", "type": "clause", "offset": [2576, 2597]}, {"key": "weighted-average", "type": "definition", "offset": [2767, 2783]}, {"key": "types-and-amounts", "type": "clause", "offset": [2791, 2808]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [2842, 2865]}, {"key": "an-election", "type": "clause", "offset": [2895, 2906]}, {"key": "the-unit", "type": "clause", "offset": [3079, 3087]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [3110, 3129]}, {"key": "the-consideration", "type": "clause", "offset": [3177, 3194]}, {"key": "in-clause", "type": "clause", "offset": [3207, 3216]}, {"key": "date-of", "type": "clause", "offset": [3375, 3382]}, {"key": "effect-on-the", "type": "clause", "offset": [3550, 3563]}, {"key": "conversion-date", "type": "definition", "offset": [3564, 3579]}, {"key": "increased-by", "type": "clause", "offset": [3591, 3603]}, {"key": "additional-shares", "type": "clause", "offset": [3608, 3625]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3626, 3645]}, {"key": "the-price", "type": "clause", "offset": [3668, 3677]}, {"key": "conversion-obligation", "type": "definition", "offset": [3768, 3789]}, {"key": "converting-holders", "type": "definition", "offset": [3808, 3826]}, {"key": "third-business-day", "type": "clause", "offset": [3834, 3852]}, {"key": "the-relevant", "type": "clause", "offset": [3875, 3887]}, {"key": "conversion-agent", "type": "clause", "offset": [3959, 3975]}, {"key": "in-writing", "type": "clause", "offset": [4004, 4014]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [4040, 4062]}, {"key": "such-determination", "type": "definition", "offset": [4069, 4087]}, {"key": "provide-for", "type": "definition", "offset": [4187, 4198]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4204, 4234]}, {"key": "article-14", "type": "definition", "offset": [4325, 4335]}, {"key": "a-person", "type": "definition", "offset": [4509, 4517]}, {"key": "executed-by", "type": "clause", "offset": [4659, 4670]}, {"key": "other-person", "type": "definition", "offset": [4676, 4688]}, {"key": "additional-provisions", "type": "definition", "offset": [4712, 4733]}, {"key": "the-interests", "type": "clause", "offset": [4745, 4758]}, {"key": "holders-of-the-notes", "type": "definition", "offset": [4766, 4786]}, {"key": "the-board-of-directors", "type": "clause", "offset": [4790, 4812]}, {"key": "the-foregoing", "type": "definition", "offset": [4862, 4875]}, {"key": "the-provisions", "type": "clause", "offset": [4887, 4901]}, {"key": "purchase-rights", "type": "clause", "offset": [4920, 4935]}, {"key": "article-15", "type": "definition", "offset": [4949, 4959]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5012, 5034]}, {"key": "the-requirements", "type": "clause", "offset": [5127, 5143]}, {"key": "an-officer", "type": "clause", "offset": [5172, 5182]}, {"key": "adjustment-to", "type": "clause", "offset": [5376, 5389]}, {"key": "conditions-precedent", "type": "clause", "offset": [5432, 5452]}, {"key": "notice-thereof", "type": "clause", "offset": [5502, 5516]}, {"key": "the-execution", "type": "clause", "offset": [5567, 5580]}, {"key": "note-register", "type": "definition", "offset": [5673, 5686]}, {"key": "days-after", "type": "definition", "offset": [5729, 5739]}, {"key": "failure-to-deliver", "type": "definition", "offset": [5759, 5777]}, {"key": "a-party", "type": "clause", "offset": [5893, 5900]}, {"key": "consistent-with", "type": "definition", "offset": [5942, 5957]}, {"key": "right-of", "type": "definition", "offset": [6028, 6036]}, {"key": "holder-of-notes", "type": "definition", "offset": [6039, 6054]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6226, 6253]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6286, 6312]}, {"key": "successive-merger-events", "type": "clause", "offset": [6338, 6362]}, {"key": "consummation-of", "type": "clause", "offset": [6373, 6388]}, {"key": "references-to", "type": "definition", "offset": [6407, 6420]}, {"key": "to-refer", "type": "definition", "offset": [6452, 6460]}, {"key": "capital-stock", "type": "definition", "offset": [6504, 6517]}, {"key": "after-giving", "type": "clause", "offset": [6518, 6530]}], "size": 17, "hash": "d00f777ad7293ceafdb2a7ea5098f15c", "id": 7}, {"samples": [{"hash": "cxAmewijf7C", "uri": "/contracts/cxAmewijf7C#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Cerence Inc.)", "score": 34.4811782837, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than a change to par value, or from par value to no par value, or changes resulting from a subdivision or combination),\n(ii) any consolidation, merger, combination or similar transaction involving the Company,\n(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company\u2019s Subsidiaries substantially as an entirety, or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (such an event, a \u201cCommon Stock Change Event,\u201d and such stock, other securities, other property, assets or cash, the \u201cReference Property\u201d and the amount and kind of Reference Property that a holder of one share of Common Stock would be entitled to receive on account of such Common Stock Change Event (without giving effect to any arrangement not to issue or deliver a fractional portion of any security or other property), a \u201cReference Property Unit\u201d), then, at and after the effective time of the transaction:\n(i) the consideration due upon conversion of any Note, and the conditions to any such conversion, will be determined in the same manner as if each reference to any number of shares of Common Stock in the provisions described in Section 14.02 (or in any related definitions) were instead a reference to the same number of Reference Property Units,\n(ii) for purposes of the redemption provisions described in Article 16, each reference to any number of shares of the Common Stock in such provisions (or in any related definitions) will instead be deemed to be a reference to the same number of Reference Property Units;\n(iii) for the purposes of the definitions of \u201cFundamental Change\u201d and \u201cMake-Whole Fundamental Change\u201d, the terms \u201ccommon stock\u201d and \u201ccommon equity\u201d will be deemed to mean the common equity (including depositary receipts representing common equity), if any, forming part of such Reference Property; and\n(iv) for these purposes, (1) the Daily VWAP of any Reference Property Unit or portion thereof that consists of a class of common equity securities will be determined by reference to the definition of \u201cDaily VWAP\u201d, substituting, if applicable, the Bloomberg page for such class of securities in such definition; and (2) the Daily VWAP of any Reference Property Unit or portion thereof that does not consist of a class of common equity securities, and the Last Reported Sale Price of any Reference Property Unit or portion thereof that does not consist of a class of securities, will be the fair value of such Reference Property Unit or portion thereof, as applicable, determined in good faith by the Company (or, in the case of cash denominated in U.S. dollars, the face amount thereof). If the Common Stock Change Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then the composition of the Reference Property Unit will be deemed to be the weighted average of the types and amounts of consideration actually received per share of Common Stock by the holders of Common Stock. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) of such weighted average as soon as reasonably practicable after such determination is made. If the holders of the Common Stock receive only cash in such Common Stock Change Event, then for all conversions for which the relevant Conversion Date occurs on or after the effective date of such Common Stock Change Event, (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 14.03), multiplied by the price paid per share of the Common Stock in such transaction and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the tenth Business Day immediately following the relevant Conversion Date. If the Reference Property in respect of any Common Stock Change Event includes, in whole or in part, common equity, the supplemental indenture providing that the Notes will convertible into Reference Property (other than cash) shall also provide for anti-dilution and other adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article 14 with respect to the portion of Reference Property constituting such common equity. If, in the case of any Common Stock Change Event, the Reference Property includes shares of stock, securities or other property or assets (including any combination thereof), other than cash and/or cash equivalents, of a Person other than the Company or the successor or purchasing company, as the case may be, in such Common Stock Change Event, then such supplemental indenture shall also be executed by such other Person, if such Person is an Affiliate of the Company or the successor or purchasing company, and shall contain such additional provisions to protect the interests of the Holders as the Company shall in good faith reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article 15.\n(b) When the Company executes a supplemental indenture pursuant to subsection (a) of this Section 14.07, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Common Stock Change Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly deliver or cause to be delivered notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be delivered to each Holder within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Common Stock Change Event unless its terms are consistent with this Section 14.07. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 14.01 and Section 14.02 prior to the effective date of such Common Stock Change Event.\n(d) The above provisions of this Section shall similarly apply to successive Common Stock Change Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "change-to", "type": "clause", "offset": [107, 116]}, {"key": "par-value", "type": "clause", "offset": [117, 126]}, {"key": "resulting-from", "type": "definition", "offset": [174, 188]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [191, 217]}, {"key": "similar-transaction", "type": "definition", "offset": [267, 286]}, {"key": "party-of-the", "type": "clause", "offset": [361, 373]}, {"key": "and-the-company", "type": "clause", "offset": [409, 424]}, {"key": "share-exchange", "type": "definition", "offset": [492, 506]}, {"key": "each-case", "type": "definition", "offset": [511, 520]}, {"key": "other-securities", "type": "clause", "offset": [610, 626]}, {"key": "an-event", "type": "clause", "offset": [703, 711]}, {"key": "a-holder", "type": "definition", "offset": [886, 894]}, {"key": "one-share", "type": "definition", "offset": [898, 907]}, {"key": "to-issue", "type": "clause", "offset": [1044, 1052]}, {"key": "the-transaction", "type": "clause", "offset": [1192, 1207]}, {"key": "the-consideration", "type": "clause", "offset": [1213, 1230]}, {"key": "conversion-of", "type": "clause", "offset": [1240, 1253]}, {"key": "conditions-to", "type": "definition", "offset": [1272, 1285]}, {"key": "in-the-same-manner", "type": "definition", "offset": [1326, 1344]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1373, 1405]}, {"key": "the-provisions", "type": "clause", "offset": [1409, 1423]}, {"key": "related-definitions", "type": "clause", "offset": [1462, 1481]}, {"key": "a-reference-to", "type": "clause", "offset": [1496, 1510]}, {"key": "property-units", "type": "definition", "offset": [1540, 1554]}, {"key": "redemption-provisions", "type": "clause", "offset": [1581, 1602]}, {"key": "article-16", "type": "definition", "offset": [1616, 1626]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [1833, 1852]}, {"key": "the-definitions-of", "type": "definition", "offset": [1853, 1871]}, {"key": "whole-fundamental-change", "type": "clause", "offset": [1903, 1927]}, {"key": "the-terms", "type": "definition", "offset": [1930, 1939]}, {"key": "depositary-receipts", "type": "clause", "offset": [2027, 2046]}, {"key": "daily-vwap", "type": "definition", "offset": [2162, 2172]}, {"key": "a-class", "type": "definition", "offset": [2240, 2247]}, {"key": "common-equity-securities", "type": "definition", "offset": [2251, 2275]}, {"key": "by-reference", "type": "clause", "offset": [2295, 2307]}, {"key": "the-definition-of", "type": "definition", "offset": [2311, 2328]}, {"key": "if-applicable", "type": "clause", "offset": [2357, 2370]}, {"key": "bloomberg-page", "type": "definition", "offset": [2376, 2390]}, {"key": "class-of-securities", "type": "definition", "offset": [2400, 2419]}, {"key": "consist-of", "type": "clause", "offset": [2527, 2537]}, {"key": "last-reported-sale-price", "type": "clause", "offset": [2583, 2607]}, {"key": "fair-value", "type": "definition", "offset": [2718, 2728]}, {"key": "good-faith-by-the-company", "type": "definition", "offset": [2810, 2835]}, {"key": "face-amount", "type": "definition", "offset": [2894, 2905]}, {"key": "common-stock-to-be", "type": "clause", "offset": [2960, 2978]}, {"key": "right-to-receive", "type": "clause", "offset": [3017, 3033]}, {"key": "type-of-consideration", "type": "clause", "offset": [3053, 3074]}, {"key": "form-of", "type": "clause", "offset": [3110, 3117]}, {"key": "composition-of-the-reference-property-unit", "type": "clause", "offset": [3150, 3192]}, {"key": "weighted-average", "type": "definition", "offset": [3218, 3234]}, {"key": "types-and-amounts", "type": "clause", "offset": [3242, 3259]}, {"key": "holders-of-common-stock", "type": "clause", "offset": [3328, 3351]}, {"key": "the-company-shall", "type": "clause", "offset": [3353, 3370]}, {"key": "the-trustee", "type": "clause", "offset": [3387, 3398]}, {"key": "conversion-agent", "type": "clause", "offset": [3407, 3423]}, {"key": "such-determination", "type": "definition", "offset": [3517, 3535]}, {"key": "the-relevant", "type": "clause", "offset": [3668, 3680]}, {"key": "conversion-date", "type": "definition", "offset": [3681, 3696]}, {"key": "date-of", "type": "clause", "offset": [3730, 3737]}, {"key": "amount-of-notes", "type": "clause", "offset": [3837, 3852]}, {"key": "equal-to", "type": "definition", "offset": [3887, 3895]}, {"key": "conversion-rate", "type": "clause", "offset": [3900, 3915]}, {"key": "effect-on-the", "type": "clause", "offset": [3919, 3932]}, {"key": "increased-by", "type": "clause", "offset": [3960, 3972]}, {"key": "additional-shares", "type": "clause", "offset": [3977, 3994]}, {"key": "pursuant-to-section", "type": "clause", "offset": [3995, 4014]}, {"key": "the-price", "type": "clause", "offset": [4037, 4046]}, {"key": "conversion-obligation", "type": "definition", "offset": [4140, 4161]}, {"key": "converting-holders", "type": "definition", "offset": [4180, 4198]}, {"key": "business-day", "type": "clause", "offset": [4212, 4224]}, {"key": "following-the", "type": "definition", "offset": [4237, 4250]}, {"key": "in-respect-of", "type": "clause", "offset": [4303, 4316]}, {"key": "the-supplemental-indenture", "type": "clause", "offset": [4393, 4419]}, {"key": "the-notes", "type": "clause", "offset": [4435, 4444]}, {"key": "provide-for", "type": "definition", "offset": [4515, 4526]}, {"key": "dilution-and-other-adjustments", "type": "clause", "offset": [4532, 4562]}, {"key": "article-14", "type": "definition", "offset": [4653, 4663]}, {"key": "with-respect-to", "type": "clause", "offset": [4664, 4679]}, {"key": "shares-of-stock", "type": "definition", "offset": [4829, 4844]}, {"key": "securities-or-other-property", "type": "definition", "offset": [4846, 4874]}, {"key": "cash-equivalents", "type": "definition", "offset": [4945, 4961]}, {"key": "a-person", "type": "definition", "offset": [4966, 4974]}, {"key": "purchasing-company", "type": "definition", "offset": [5018, 5036]}, {"key": "executed-by", "type": "clause", "offset": [5140, 5151]}, {"key": "other-person", "type": "definition", "offset": [5157, 5169]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [5192, 5216]}, {"key": "additional-provisions", "type": "definition", "offset": [5280, 5301]}, {"key": "the-interests", "type": "clause", "offset": [5313, 5326]}, {"key": "the-foregoing", "type": "definition", "offset": [5420, 5433]}, {"key": "purchase-rights", "type": "clause", "offset": [5478, 5493]}, {"key": "article-15", "type": "definition", "offset": [5507, 5517]}, {"key": "pursuant-to-subsection", "type": "clause", "offset": [5574, 5596]}, {"key": "an-officer", "type": "clause", "offset": [5673, 5683]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [5817, 5843]}, {"key": "adjustment-to", "type": "clause", "offset": [5890, 5903]}, {"key": "conditions-precedent", "type": "clause", "offset": [5946, 5966]}, {"key": "notice-thereof", "type": "clause", "offset": [6044, 6058]}, {"key": "the-execution", "type": "clause", "offset": [6109, 6122]}, {"key": "days-after", "type": "definition", "offset": [6195, 6205]}, {"key": "failure-to-deliver", "type": "definition", "offset": [6225, 6243]}, {"key": "a-party", "type": "clause", "offset": [6363, 6370]}, {"key": "consistent-with", "type": "definition", "offset": [6425, 6440]}, {"key": "right-of", "type": "definition", "offset": [6511, 6519]}, {"key": "holder-of-notes", "type": "definition", "offset": [6522, 6537]}, {"key": "to-convert", "type": "clause", "offset": [6538, 6548]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [6709, 6736]}, {"key": "provisions-of-this-section", "type": "clause", "offset": [6786, 6812]}, {"key": "successive-common-stock-change-events", "type": "clause", "offset": [6838, 6875]}], "size": 15, "hash": "e4738928ad64cc02ab584f4db8b747d9", "id": 8}, {"samples": [{"hash": "e5RsblU90aH", "uri": "/contracts/e5RsblU90aH#effect-of-recapitalizations-reclassifications-and-changes-of-the-common-stock", "label": "Indenture (Global Eagle Entertainment Inc.)", "score": 26.1334705353, "published": true}], "snippet": "(a) In the case of:\n(i) any recapitalization, reclassification or change of the Common Stock (other than changes resulting from a subdivision or combination or change in par value),\n(ii) any consolidation, merger or combination involving the Company,\n(iii) any sale, lease or other transfer to a third party of the consolidated assets of the Company and the Company\u2019s Subsidiaries substantially as an entirety or\n(iv) any statutory share exchange, in each case, as a result of which the Common Stock would be converted into, or exchanged for, stock, other securities, other property or assets (including cash or any combination thereof) (any such event, a \u201cShare Exchange Event\u201d), then the Company or the successor or acquiring corporation, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(i) providing that, at and after the effective time of such Share Exchange Event, the right to convert each $1,000 principal amount of Notes shall be changed into a right to convert such principal amount of Notes into the kind and amount of shares of stock, other securities or other property or assets (including cash or any combination thereof) that a holder of a number of shares of Common Stock equal to the Conversion Rate immediately prior to such Share Exchange Event would have owned or been entitled to receive (the \u201cReference Property,\u201d with each \u201cunit of Reference Property\u201d meaning the kind and amount of Reference Property that a holder of one share of Common Stock is entitled to receive) upon such Share Exchange Event and, prior to or at the effective time of such Share Exchange Event, the Company or the successor or purchasing Person, as the case may be, shall execute with the Trustee a supplemental indenture permitted under Section 10.01(f) providing for such change in the right to convert each $1,000 principal amount of Notes; provided, however, that at and after the effective time of the Share Exchange Event (A) the Company shall continue to have the right to determine the form of consideration to be paid or delivered, as the case may be, upon conversion of Notes in accordance with Section 13.02 and (B) (I) any amount payable in cash upon conversion of the Notes in accordance with Section 13.02 shall continue to be payable in cash, (II) any shares of Common Stock that the Company would have been required to deliver upon conversion of the Notes in accordance with Section 13.02 shall instead be deliverable in the amount and type of Reference Property that a holder of that number of shares of Common Stock would have been entitled to receive in such Share Exchange Event and (III) the Daily VWAP and the Last Reported Sale Price, to the extent possible, shall be calculated based on the value of a unit of Reference Property. If the Share Exchange Event causes the Common Stock to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of stockholder election), then (i) the Reference Property into which the Notes will be convertible shall be deemed to be (x) the weighted average of the types and amounts of consideration received by the holders of Common Stock that affirmatively make such an election or (y) if no holders of Common Stock affirmatively make such an election, the types and amounts of consideration actually received by the holders of Common Stock, and (ii) the unit of Reference Property for purposes of the immediately preceding paragraph shall refer to the consideration referred to in clause (i) attributable to one share of Common Stock. If the holders receive only cash in such Share Exchange Event, then for all conversions that occur after the effective date of such Share Exchange Event (A) the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely cash in an amount equal to the Conversion Rate in effect on the Conversion Date (as may be increased by any Additional Shares pursuant to Section 13.04), multiplied by the price paid per share of Common Stock in such Share Exchange Event and (B) the Company shall satisfy the Conversion Obligation by paying cash to converting Holders on the third Business Day immediately following the relevant Conversion Date. The Company shall notify Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing of such weighted average as soon as practicable after such determination is made. Such supplemental indenture described in the second immediately preceding paragraph shall provide for adjustments that shall be as nearly equivalent as is possible to the adjustments provided for in this Article XIII. If, in the case of any Share Exchange Event, the Reference Property includes shares of stock, securities or other property or assets (including cash or any combination thereof) of a Person other than the successor or purchasing corporation, as the case may be, in such Share Exchange Event, then such supplemental indenture shall also be executed by such other Person and shall contain such additional provisions to protect the interests of the Holders of the Notes as the Board of Directors shall reasonably consider necessary by reason of the foregoing, including the provisions providing for the purchase rights set forth in Article XIV.\n(b) In the event the Company shall execute a supplemental indenture pursuant to subsection (a) of this Section 13.08, the Company shall promptly file with the Trustee an Officer\u2019s Certificate briefly stating the reasons therefor, the kind or amount of cash, securities or property or asset that will comprise a unit of Reference Property after any such Share Exchange Event, any adjustment to be made with respect thereto and that all conditions precedent have been complied with, and shall promptly mail notice thereof to all Holders. The Company shall cause notice of the execution of such supplemental indenture to be sent to each Holder, at its address appearing on the Note Register provided for in this Indenture, within 20 days after execution thereof. Failure to deliver such notice shall not affect the legality or validity of such supplemental indenture.\n(c) The Company shall not become a party to any Share Exchange Event unless its terms are consistent with this Section 13.08. None of the foregoing provisions shall affect the right of a holder of Notes to convert its Notes into cash, shares of Common Stock or a combination of cash and shares of Common Stock, as applicable, as set forth in Section 13.01 and Section 13.02 prior to the effective date of such Share Exchange Event.\n(d) The above provisions of this Section shall similarly apply to successive Share Exchange Events.", "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [4, 15]}, {"key": "change-of", "type": "definition", "offset": [66, 75]}, {"key": "the-common-stock", "type": "clause", "offset": [76, 92]}, {"key": "resulting-from", "type": "definition", "offset": [113, 127]}, {"key": "subdivision-or-combination", "type": "definition", "offset": [130, 156]}, {"key": "change-in-par-value", "type": "clause", "offset": [160, 179]}, {"key": "party-of-the", "type": "clause", "offset": [302, 314]}, {"key": "and-the-company", "type": "clause", "offset": [350, 365]}, {"key": "each-case", "type": "definition", "offset": [451, 460]}, {"key": "other-securities", "type": "clause", "offset": [550, 566]}, {"key": "acquiring-corporation", "type": "clause", "offset": [718, 739]}, {"key": "the-trustee", "type": "clause", "offset": [780, 791]}, {"key": "supplemental-indenture", "type": "clause", "offset": [794, 816]}, {"key": "after-the-effective-time", "type": "clause", "offset": [873, 897]}, {"key": "right-to-convert", "type": "clause", "offset": [932, 948]}, {"key": "amount-of-notes", "type": "clause", "offset": [971, 986]}, {"key": "shares-of-stock", "type": "definition", "offset": [1087, 1102]}, {"key": "securities-or-other-property", "type": "definition", "offset": [1110, 1138]}, {"key": "number-of-shares-of-common-stock", "type": "clause", "offset": [1212, 1244]}, {"key": "equal-to", "type": "definition", "offset": [1245, 1253]}, {"key": "conversion-rate", "type": "clause", "offset": [1258, 1273]}, {"key": "unit-of-reference-property", "type": "clause", "offset": [1404, 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common stock in the event of recapitalizations, reclassifications, or other changes affecting the stock. 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