Common use of Adjustment to Offer Price Clause in Contracts

Adjustment to Offer Price. Notwithstanding anything else to the contrary contained herein, on the tenth day of each calendar month, commencing with May 10, 1999, the Offer Price as in effect on the ninth day of such calendar month shall be increased by an amount equal to $.50 per Share. All references to the Offer Price in this Agreement shall be deemed to be to the Offer Price as so adjusted.

Appears in 3 contracts

Sources: Merger Agreement (Monsanto Co), Merger Agreement (Monsanto Co), Merger Agreement (Dekalb Genetics Corp)