Common use of Exercise Price Multiple Clause in Contracts

Exercise Price Multiple. A Call Notice may be given by the Company only within ten (10) trading days after any twenty (20) consecutive trading day period during which the volume weighted average price of the Shares is not less than two hundred and fifty percent (250%) of the Exercise Price in effect for ten (10) out of such twenty (20) consecutive Trading Day period (“Lookback Period”).

Appears in 1 contract

Sources: Warrant to Purchase Common Stock Amendment (Adamis Pharmaceuticals Corp)

Exercise Price Multiple. A Call Notice may be given by the Company only within ten (10) trading days Trading Days after any twenty (20) consecutive trading day Trading Day period during which the volume weighted average price VWAP of the Shares Common Stock as reported for the Principal Market is not less than two hundred and fifty percent (250%) of the Exercise Price in effect effective for ten (10) out of such twenty (20) consecutive Trading Day period (“Lookback Period”).

Appears in 1 contract

Sources: Security Agreement (Adamis Pharmaceuticals Corp)