name / content / group

content: 318950

name: Notice of Adjustments

Notice of Adjustments. Whenever the Number of Option Shares purchasable and the Purchase Price shall be required to be adjusted pursuant to this Paragraph 4, the Corporation shall promptly prepare a certificate signed by the President or a Vice President and by the Chief Financial Officer setting forth, in reasonable detail, the event requiring the adjustment, the amount of the adjustment, the method by which such adjustment was calculated (including a description of the basis on which the Board of Directors of the Corporation made any determination hereunder), and shall promptly cause copies of such certificate to be mailed (by first class mail postage prepaid) to each of the holders of the Options.
Notice of Adjustments. Whenever the Number of Warrant Shares purchasable and the Purchase Price shall be required to be adjusted pursuant to this Paragraph 4, the Corporation shall promptly prepare a certificate signed by the President or a Vice President and by the Chief Financial Officer setting forth, in reasonable detail, the event requiring the adjustment, the amount of the adjustment, the method by which such adjustment was calculated (including a description of the basis on which the Board of Directors of the Corporation made any determination hereunder), and shall promptly cause copies of such certificate to be mailed (by first class mail postage prepaid) to each of the holders of the Warrants.