Common use of Protection Against Dilution Clause in Contracts

Protection Against Dilution. 3.1 If, at any time or from time to time after the date of this Warrant, the Company shall distribute pro rata to all of the holders of its then outstanding shares of Common Stock (a) securities, other than shares of Common Stock or stock options, or (b) property, other than cash, without payment therefor, then, and in each such case, the Holder, upon the exercise of this Warrant, shall be entitled to receive the securities and property which the Holder would hold on the date of such exercise if, on the date of this Warrant, the Holder had been the holder of record of the number of shares of the Common Stock subscribed for upon such exercise and, during the period from the date of this Warrant to and including the date of such exercise, had retained such shares and the securities and properties receivable by the Holder during such period.

Protection Against Dilution. 3.1 (a) If, at any time or from time to time after the date of this Warrant, the Company shall issue or distribute pro rata to all of the holders of its then outstanding shares of the Common Stock (ai) securities, other than shares of the Common Stock or stock optionsStock, or (bii) property, other than cash, without payment therefor, with respect to the Common Stock, then, and in each such case, the Holder, upon the exercise of this Warrant, shall be entitled to receive the securities and property which the Holder would hold on the date of such exercise if, on the date of this Warrant, the Holder had been the holder of record of the number of shares of the Common Stock subscribed for upon such exercise and, during the period from the date of this Warrant to and including the date of such exercise, had retained such shares and the securities and properties receivable by the Holder during such period. Notice of each such distribution shall be forthwith mailed to the Holder.

Protection Against Dilution. 3.1 (a) If, at any time or from time to time after the date of this Warrant, the Company shall distribute pro rata to all of the holders of its then outstanding shares of Common Stock Stock: (ai) securities, other than shares of Common Stock or stock optionsStock, or (bii) property, other than cash, cash without in either case payment therefor, with respect to Common Stock, then, and in each such case, the Holder, upon the exercise of this Warrant, shall be entitled to receive the securities and property which the Holder would hold on the date of such exercise if, on the date of this Warrant, the Holder had been the holder of record of the number of shares of the Common Stock subscribed for upon such exercise and, during the period from the date of this Warrant to and including the date of such exercise, had retained such shares and the securities and properties receivable by the Holder during such period. Notice of each such distribution shall be forthwith mailed to the Holder.

Protection Against Dilution. 3.1 (a) If, at any time or from time to time after the date of this Warrant, the Company shall distribute pro rata to all of the holders of its then outstanding shares of Common Stock Stock, (ai) securities, other than shares of Common Stock or stock optionsStock, or (bii) property, other than cashcash dividends, without payment therefor, with respect to Common Stock, then, and in each such case, the Holder, upon the exercise of this Warrant, shall be entitled to receive the securities and property which the Holder would hold have held on the date of such exercise if, on the date of this Warrant, the Holder had been the holder of record of the number of shares of the Common Stock subscribed for upon such exercise and, during the period from the date of this Warrant to and including the date of such exerciseExercise Date, had retained such shares and the securities and properties receivable by the Holder during such period. Notice of each such distribution shall be forthwith mailed to the Holder.