Common use of Fully Diluted Basis Clause in Contracts

Fully Diluted Basis. “Fully Diluted Basis” shall mean after taking into account all outstanding Shares and assuming the exercise, conversion or exchange of all Options, warrants, convertible or exchangeable securities and similar rights and the issuance of all Shares that the Company is obligated to issue thereunder (but excluding any Shares underlying Company Options that are not vested and exercisable and will not become vested and exercisable on or before June 15, 2010).

Appears in 2 contracts

Sources: Merger Agreement (On Semiconductor Corp), Merger Agreement (California Micro Devices Corp)