Common use of Grammatical Construction Clause in Contracts

Grammatical Construction. 36 Exhibit A -- Certificate of Designation, Preferences and Rights of Junior Participating Preferred Stock, Series A Exhibit B -- Form of Rights Certificate Exhibit C -- Form of Summary of Rights RIGHTS AGREEMENT ---------------- Rights Agreement, dated as of December 11, 1996, between Cable Design Technologies Corporation, a Delaware corporation (the "Company") and The First ------- National Bank of Boston, a national banking association (the "Rights Agent"). ------------ RECITALS -------- The Board of Directors of the Company has authorized and declared the payment of a dividend of one preferred share purchase right (the "Right") for ----- each share of Common Stock (as defined in Section 1) outstanding on the Record Date (as defined in Section 1) and has authorized the issuance of one Right for each share of Common Stock issued between the Record Date and the Distribution Date (as defined in Section 1) and in certain cases following the Distribution Date. Each Right represents, as of the Record Date, the right to purchase one one-thousandth (1/1000) of a share of Preferred Stock (as defined in Section 1) upon the terms and subject to the conditions hereinafter set forth.

Grammatical Construction. 36 Exhibit A -- Certificate of Designation, Preferences and Rights of Junior Participating Preferred Stock, Series A Exhibit B -- Form of Rights Certificate Exhibit C -- Form of Summary of Rights RIGHTS AGREEMENT ---------------- Rights Agreement, dated as of December 11October 28, 1996, between Cable Design Technologies CorporationAksys, Ltd., a Delaware corporation (the "Company") and The First Chicago Trust Company of New ------- National Bank of BostonYork, a national banking association New York corporation (the "Rights Agent"). ------------ RECITALS -------- The Board of Directors of the Company has authorized and declared the payment of a dividend of one preferred share purchase right (the "Right") for ----- each share of Common Stock (as defined in Section 1) outstanding on the Record Date (as defined in Section 1) and has authorized the issuance of one Right for each share of Common Stock issued between the Record Date and the Distribution Date (as defined in Section 1) and in certain cases following the Distribution Date. Each Right represents, as of the Record Date, the right to purchase one one-thousandth (1/1000) of a share of Preferred Stock (as defined in Section 1) upon the terms and subject to the conditions hereinafter set forth.