Common use of No Adjustment for Certain Events Clause in Contracts

No Adjustment for Certain Events. No adjustment in the Exchange Number shall be made pursuant to Section 4.1 in respect of the issue from time to time of Common Shares pursuant to this Indenture or pursuant to any stock option, stock purchase or stock bonus plan in effect from time to time for directors, officers or employees of the Company and/or any Subsidiary and any such issue, and any grant of options in connection therewith, shall be deemed not to be a Common Share Reorganization, a Rights Offering or any other event described in Section 4.1.