Common use of Rights and Options Clause in Contracts

Rights and Options. (a) In case the Company shall grant any rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded Stock, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or options, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the then current amount of additional consideration payable to the Company upon the exercise of such rights or options, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or options.

Appears in 9 contracts

Samples: Ohr Pharmaceutical Inc, Ohr Pharmaceutical Inc, BBM Holdings, Inc.

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Rights and Options. (a) In case the Company shall grant any rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded Stock, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or options, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the then current aggregate amount of additional consideration payable to the Company upon the exercise of such rights or options, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or options.

Appears in 3 contracts

Samples: Subscription Agreement (Merrimac Industries Inc), Subscription Agreement (Merrimac Industries Inc), Subscription Agreement (Merrimac Industries Inc)

Rights and Options. (a) In case the Company shall grant any rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded Stock, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or options, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the then current minimum aggregate amount of additional consideration payable to the Company upon the exercise of such rights or options, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or options.

Appears in 2 contracts

Samples: Visx Inc, Visx Inc

Rights and Options. (ax) In case the Company Corporation shall grant any rights rights, warrants or options to subscribe for, purchase or otherwise acquire Common StockStock (collectively, other than Excluded Stock“Options”) after the Original Issue Date, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or optionsOptions, such determination to be made by dividing (i1) the total amount, if any, received or receivable by the Company Corporation as consideration for the granting of such rights or optionsOptions, plus the then current minimum aggregate amount of additional consideration payable to the Company Corporation upon the exercise of such rights or optionsOptions, by (ii2) the maximum number of shares of Common Stock of the Company Corporation issuable upon the exercise of such rights or optionsOptions for such minimum aggregate amount of additional consideration.

Appears in 2 contracts

Samples: Subscription Agreement (Nano Vibronix, Inc.), Subscription Agreement (Nano Vibronix, Inc.)

Rights and Options. (a) In case the Company shall grant any rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded Stock, on or after the Original Issue Date, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or options, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the then current amount of additional consideration payable to the Company upon the exercise of such rights or options, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or options.

Appears in 1 contract

Samples: Ohr Pharmaceutical Inc

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Rights and Options. (a) In case the Company shall grant any ------------------ rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded Stock, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or options, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the then current amount of additional consideration payable to the Company upon the exercise of such rights or options, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or options.

Appears in 1 contract

Samples: Rf Monolithics Inc /De/

Rights and Options. (a1) In case the Company shall grant any rights or options to subscribe for, purchase or otherwise acquire Common Stock, other than Excluded StockOptions, there shall be determined the price per share for which Common Stock is issuable upon the exercise of such rights or optionsOptions, such determination to be made by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or optionsOptions, plus the then current amount of additional consideration payable to the Company upon the exercise of such rights or optionsOptions, by (ii) the maximum number of shares of Common Stock of the Company issuable upon the exercise of such rights or optionsOptions.

Appears in 1 contract

Samples: Rightscorp, Inc.

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