over Event. After the distribution date, if a flip-in event has already occurred and New Century Equity Holdings Corp. is acquired in a merger or similar transaction, all holders of rights except the acquiring person may exercise their rights upon payment of the purchase price, to purchase shares of the acquiring corporation with a market value of two times the purchase price of the rights.
Appears in 2 contracts
Sources: Rights Agreement (New Century Equity Holdings Corp), Rights Agreement (New Century Equity Holdings Corp)