Common use of No Adjustments unless Otherwise Provided Clause in Contracts

No Adjustments unless Otherwise Provided. Except as hereinbefore expressly provided, the issuance by the Company of shares of stock of any class or securities convertible into shares of stock of any class, for cash, property, labor or services, upon direct sale, upon the exercise of rights or warrants to subscribe therefor, or upon conversion of shares or obligations of the Company convertible into such shares or other securities, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number of shares of Stock subject to this Option or the purchase price per share.

Appears in 4 contracts

Samples: Agreement (Apache Corp), Agreement (Mariner Energy Inc), Agreement (Mariner Energy Inc)

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