Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one one-hundredth of a share of Preferred Stock.
Exercise of Rights; Separation of Rights. (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time, to purchase, for the Exercise Price, one one-hundredth of a share of Junior Preferred Stock.
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1, 5.10 and 5.11 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Distribution Date and prior to the Expiration Time, to purchase, for the Purchase Price, one one-thousandth of a share of Preference Stock.
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Date and prior to the Expiration Date, to purchase from the Company, upon exercise thereof in accordance with the terms hereof (but subject to Section 5.10), that number of shares of Common Stock having an aggregate Market Price on the Stock Acquisition Date equal to twice the Exercise Price for an amount in cash equal to the Exercise Price (such right to be appropriately adjusted in order to protect the interests of the holders of Rights generally in the event that on or after such stock Acquisition Date an event of a type analogous to any of the events described in Section 2.4(a) or (b) shall have occurred with respect to the Common Stock).
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, ----------------------------------------
Exercise of Rights; Separation of Rights. (a) Subject to the terms and conditions hereof and subject to adjustment as herein set forth, each Right will entitle the holder thereof, at or after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one ten-thousandth (1/10,000th) of a share of Preferred Stock.
Exercise of Rights; Separation of Rights. Section 2.3 of the Rights Agreement shall be amended by adding the following sentence at the end of Section 2.3(a): Notwithstanding anything to the contrary in this Agreement, (i) to the extent the Board of Directors of the Company approves a business combination (including, without limitation, a merger or consolidation) or tender or exchange offer for shares of Common Stock before the Separation Time (any such transaction, an "Exempt Transaction"), no Rights shall be exercisable pursuant to this Section 2.3 in connection with or as a result of such Exempt Transaction, the execution of any agreements entered into in connection therewith or the consummation of any of the transactions contemplated thereby, nor shall any such Exempt Transaction, the execution of any agreements entered into in connection therewith or the consummation of any of the transactions contemplated thereby result, directly, indirectly or otherwise, in any provisions of this Agreement becoming effective and (ii) to the extent such Exempt Transaction results in the cancellation, conversion or termination of any or all of the shares of issued Common Stock, the Rights associated with such shares of Common Stock shall automatically and without any action by any Person (including the Company and the Rights Agent) terminate and be cancelled simultaneously with the cancellation, conversion or termination of such shares of Common Stock without any payment therefor.
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, following the earlier of the expiration or redemption of the rights outstanding under the Company's Amended and Restated Shareholder Protection Rights Agreement dated as of July 30, 1996 each Right will entitle the holder thereof, after the Separation Time and prior to
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, at or after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one one-hundredth of a share of Preferred Stock. (b) Until the Separation Time, (i) no Right may be exercised and (ii) each Right will be evidenced by the certificate for the associated share of Class A Common Stock (or, if the Class A Common Stock shall be uncertificated, by the registration of the associated Class A Common Stock on the stock transfer books of the
Exercise of Rights; Separation of Rights. (a) Subject to Sections 3.1, 3.2, 5.1 and 5.12 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, on or after the Separation Time and prior to the Expiration Time, to receive from the Company upon exercise in accordance with the terms hereof, in return for the Exercise Price, cash in an amount, or debt or other securities determined by the Board of Directors of the Company in good faith to have a value equal to the Closing Price of a share of Common Stock on the date of exercise; provided, however, that the Company shall in its sole discretion have the option to deliver, in respect of the exercise of any Right (but subject to Section 5.5), in lieu of the cash or debt or other securities referred to above, one share of Common Stock.
