Common use of Pro Rata Basis Clause in Contracts

Pro Rata Basis. “Pro Rata Basis” shall mean with respect to each Selling Party, the quotient obtained by dividing (i) the sum of (1) the number of Shares and (2) the number of Shares issuable upon the exercise of Options, in the case of each of clauses (1) and (2), held by such Selling Party immediately prior to the Closing, by (ii) the Full Dilution Number.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (OMNICELL, Inc)