Common use of Adjustments to the Exchange Ratio Clause in Contracts

Adjustments to the Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Shares, any change or conversion of Parent Shares into other securities or any other dividend or distribution in Parent Shares with respect to outstanding Parent Shares (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Sources: Merger Agreement (Divine Inc), Merger Agreement (Rowecom Inc)

Adjustments to the Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Company Shares or Parent Shares, any change or conversion of Company Shares or Parent Shares into other securities or any other dividend or distribution in Parent Shares with respect to outstanding Company Shares or Parent Shares (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Sources: Merger Agreement (Axs One Inc), Merger Agreement (Unify Corp)

Adjustments to the Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent SharesCommon Stock, any change or conversion of Parent Shares Common Stock into other securities or any other dividend or distribution in Parent Shares with respect to outstanding Parent Shares Common Stock (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Sources: Merger Agreement (Mastering Inc), Merger Agreement (Platinum Technology Inc)