Common use of Excluded Transactions Clause in Contracts

Excluded Transactions. No adjustment to the Conversion Price shall be required under this Section 2(e) in the event of the issuance of shares of Common Stock by the Corporation upon the conversion or exercise of or pursuant to any outstanding stock options or stock option plan now existing or hereafter approved by the Holders which stock options have an exercise or conversion price per share of less than the Conversion Price.

Appears in 8 contracts

Samples: Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Preferred Stock Purchase Agreement (Datrek Miller International, Inc.)

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Excluded Transactions. No adjustment to the Conversion Price shall be required under this Section 2(e2(d) in the event of the issuance of shares of Common Stock by the Corporation Company upon the conversion or exercise of or pursuant to any outstanding stock options or stock option plan now existing or hereafter approved by the Holders Holders, which stock options have an exercise or conversion price per share of less than the Conversion Price.

Appears in 1 contract

Samples: Preferred Stock Issuance Agreement (Computerized Thermal Imaging Inc)

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