Common use of Stock Purchase Rights Clause in Contracts

Stock Purchase Rights. If at any time or from time to time, the Company grants or issues Stock Purchase Rights to the record holders of the Common Stock, the Holder shall be entitled to acquire, upon the terms applicable to such Stock Purchase Rights, the aggregate Stock Purchase Rights which Holder could have acquired if Holder had been the record holder of the maximum number of shares of Common Stock issuable upon exercise of this Warrant on both (x) the record date for such grant or issuance of such Stock Purchase Rights, and (y) the date of the grant or issuance of such Stock Purchase Rights.

Appears in 4 contracts

Samples: Value America Inc /Va, Value America Inc /Va, Value America Inc /Va

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