Examples of Common Stock Equivalent in a sentence
In the event the Company issues Common Stock Equivalent with an exercise or conversion price less than the then-current Conversion Price, such issuance results in an adjustment to the Conversion Price pursuant to this Section 5(b), and such Common Stock Equivalent is subsequently terminated without being exercised or converted, then upon such termination the impact of such adjustment on the Conversion Price shall be reverted.
The Company shall be permitted to issue Common Stock and Common Stock Equivalent in connection with a Subsequent Financing; provided, however, that such financings are subject to the provisions contained in this Agreement in order to permit the consummation of such financings (including, without limitation, the terms and conditions contained in Section 4.12 and Section 4.13 herein).