Common use of Shareholder Rights Plans Clause in Contracts

Shareholder Rights Plans. To the extent that the Company has a shareholder rights plan in effect upon exercise of the Warrants (i.e., a poison pill), Warrantholders shall receive, in addition to any Common Stock received in connection with such exercise, the rights under the shareholder rights plan, unless prior to any exercise, the rights have separated from the Common Stock, in which case the Exercise Price and the Number of Shares shall be adjusted at the time of separation as if the Company distributed to all holders of Common Stock, shares of Capital Stock, evidences of indebtedness or other assets or property as described in Section 6.01(c), subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 5 contracts

Samples: Warrant Agreement (ING U.S., Inc.), Warrant Agreement (Zions Bancorporation /Ut/), Warrant Agreement (Zions Bancorporation /Ut/)

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Shareholder Rights Plans. To the extent that the Company has a shareholder rights plan in effect upon exercise of the Warrants this Warrant (i.e., a poison pill), Warrantholders the Holder shall receive, in addition to any Common Stock received in connection with such exercise, the rights under the shareholder rights plan, unless prior to any exercise, the rights have separated from the Common Stock, in which case the Exercise Price and the Number of Shares shall be adjusted at the time of separation as if the Company distributed to all holders of Common Stock, shares of Capital Stock, evidences of indebtedness or other assets or property as described in Section 6.01(c4.01(c), subject to readjustment in the event of the expiration, termination or redemption of such rights.

Appears in 2 contracts

Samples: Intersections Inc, Intersections Inc

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