Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common Stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 10 contracts
Sources: Preferred Stock Rights Agreement (Pinnacle Systems Inc), Preferred Stock Rights Agreement (Versata Inc), Shareholder Rights Plan (Realnetworks Inc)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common Stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company Company, or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 3 contracts
Sources: Preferred Stock Rights Agreement (Genesis Microchip Inc /De), Preferred Stock Rights Agreement (Genesis Microchip Inc /De), Preferred Stock Rights Agreement (Genesis Microchip Inc /De)
Flip-over. If, after an Acquiring Person obtains 1520% or more of the Company’s Common Stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 2 contracts
Sources: Preferred Shares Rights Agreement (Phoenix Technologies LTD), Preferred Shares Rights Agreement (Phoenix Technologies LTD)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common StockStock (or with respect to ▇▇▇▇▇, ▇▇▇▇▇ fails to comply with the Applicable Limitations), (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 2 contracts
Sources: Preferred Stock Rights Agreement (Natus Medical Inc), Preferred Stock Rights Agreement (Natus Medical Inc)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common StockStock (or with respect to Eastborne, 20% or more), (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 2 contracts
Sources: Preferred Stock Rights Agreement (Pain Therapeutics Inc), Preferred Stock Rights Agreement (Pain Therapeutics Inc)
Flip-over. If, after an Acquiring Person obtains 15% or more (or, in the case of Crosslink and certain other Persons affiliated with Crosslink, 20% or more) of the Company’s 's Common Stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s 's assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person Person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s 's Common StockStock (or, 20% or more of the Company's Common Stock in the case of Crosslink and its affiliates, and Special Situations Technology Funds and their affiliates), (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s 's assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person Person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Flip-over. If, after an Acquiring Person obtains 1520% or more of the Company’s Common Stockcommon stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Sources: Preferred Stock Rights Agreement (Natus Medical Inc)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common StockShares, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock Shares of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Sources: Preferred Shares Rights Agreement (Cost Plus Inc/Ca/)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s Common Stocka Threshold Amount, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s 's assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Sources: Preferred Stock Rights Agreement (Mips Technologies Inc)
Flip-over. If, after an Acquiring Person obtains 15% or more of the Company’s 's Common Stock, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s 's assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract
Sources: Preferred Stock Rights Agreement (Commerce One Inc / De/)
Flip-over. If, after a person becomes an Acquiring Person obtains 15% or more of the Company’s Common StockPerson, (a) the Company merges into another entity, (b) an acquiring entity merges into the Company or (c) the Company sells more than 50% of the Company’s assets or earning power, then each Right (other than Rights owned by an Acquiring Person or its affiliates) will entitle the holder thereof to purchase, for the Exercise Price, a number of shares of Common Stock of the person engaging in the transaction having a then current market value of twice the Exercise Price.
Appears in 1 contract