Common use of Right to Receive Additional Shares Clause in Contracts

Right to Receive Additional Shares. If, after OSICOM has purchased the ABCN Shares but prior to April 15, 1998, (the "Adjustment Period"), ABCN issues or ABCN sells common stock or any security convertible into or exchangeable for common stock of ABCN (a "ABCN Share Offering or Sale") for a price (the "Lower Offering Price") less than the purchase price per share for the ABCN Shares purchased by OSICOM under Sections 1.1, 1.2, or 1.3 of this Agreement, such purchase price under Sections 1.1, 1.2, or 1.3 of this Agreement will be reduced retroactively to the Lower Offering Price and ABCN will issue to OSICOM (an "Adjustment") the number of additional shares of common stock that OSICOM would have received if its investment had been at a per share purchase price equal to the Lower Offering Price. If, subsequent to an Adjustment, one or more ABCN Share Offerings or Sales occur during the Adjustment Period, for a price less than the Lower Offering Price (or such lower purchase price to which OSICOM's purchase price for the OSICOM Shares has been adjusted), a further Adjustment to the purchase price of such ABCN Shares will be made in the same manner as the initial Adjustment and ABCN will issue to OSICOM the appropriate number of additional common shares.