Anti-Dilution

Anti-Dilution. Any formula under which the conversion or exercise price of a security may be reduced upon the subsequent issuance of (i) Common Stock at a price per share less than that of the existing security or (ii) Common Stock Equivalents with a conversion or exercise price per share less than that of the existing security; provided that such formula does not reduce the conversion or exercise price of a security based on the issuance of any security at a price which varies with the market price of the... Common Stock View More