Other Issuances. Except as expressly provided in this Section 6, the issuance by the Company of shares of stock of any class, or of securities convertible in to Shares or securities of another class, for cash, property or any lawful consideration, either upon direct sale or upon the exercise of rights or warrants to purchase the same, shall have no effect upon, and no adjustment shall be made with respect to, the number, class, Exercise Price or other characteristics of Shares then subject to this option or reserved for issuance under the Plan.
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Samples: Stock Option Agreement (PCB Bancorp)
Other Issuances. Except as expressly provided in this Section 67, the issuance by the Company or an Affiliate of shares of stock of any class, or of securities convertible in to into Shares or securities of another class, for cash, property or any lawful consideration, either upon direct sale or upon the exercise of rights or warrants to purchase the same, shall have no effect upon, and no adjustment shall be made with respect to, the number, class, Exercise Price or other characteristics of Shares then subject to this option or reserved for issuance under the Plan.
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Samples: Stock Option Award Agreement (Pacific City Financial Corp)
Other Issuances. Except as expressly provided in this Section 6, the issuance by the Company Bank or an Affiliate of shares of stock of any class, or of securities convertible in to Shares or securities of another class, for cash, property or any lawful consideration, either upon direct sale or upon the exercise of rights or warrants to purchase the same, shall have no effect upon, and no adjustment shall be made with respect to, the number, class, Exercise Price or other characteristics of Shares then subject to this option or reserved for issuance under the Plan.
Appears in 1 contract
Samples: Stock Option Agreement (Pacific City Financial Corp)
Other Issuances. Except as expressly provided in this Section 6, the issuance by the Company or an Affiliate of shares of stock of any class, or of securities convertible in to Shares or securities of another class, for cash, property or any lawful consideration, either upon direct sale or upon the exercise of rights or warrants to purchase the same, shall have no effect upon, and no adjustment shall be made with respect to, the number, class, Exercise Price or other characteristics of Shares then subject to this option or reserved for issuance under the Plan.
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