Common use of No Adjustment for Certain Transactions Clause in Contracts

No Adjustment for Certain Transactions. Notwithstanding anything in this Article 4, no adjustment shall be made under Section 4.1 in respect of any issuance of Common Shares (i) pursuant to any stock option, stock purchase, restricted share plan or other equity incentive plan in force from time to time for officers, directors or employees, consultants or other service providers of the Corporation, or (ii) pursuant to any stock option granted or other convertible security issued by the Corporation prior to the date of this Indenture.

Appears in 2 contracts

Sources: Warrant Indenture (Condire Management, LP), Warrant Indenture (Condire Management, LP)

No Adjustment for Certain Transactions. Notwithstanding anything in this Article 4, no adjustment shall be made under Section 4.1 in respect of any issuance of Common Shares (i) made pursuant to this Indenture in respect of the issue of Warrants pursuant to any stock option, stock purchase, restricted share plan or other equity incentive plan in force from time to time for officers, directors Directors or employees, consultants or other service providers of the Corporation, Corporation or (ii) pursuant to any stock option granted or other convertible security issued by the Corporation prior to the date of this Indenture.

Appears in 1 contract

Sources: Warrant Indenture (I-80 Gold Corp.)