Exercise Price Definition Example

Exercise Price. A purchase price of $ per one half share of Common Stock; provided, however, that in the event the Company reduces the Exercise Price in accordance with Section 9(i) hereof, the Exercise Price shall be as established by the Company in accordance with such Section; and provided further, however, that Warrants may only be exercised in whole numbers for whole shares of Common Stock, so that the Exercise Price per whole share of Common Stock shall be $ .