Fractional Shares Clause Example from Business Contracts

This example Fractional Shares clause appears in 3 contracts from 1 company

Fractional Shares. No fractional shares of Common Stock will be issued in connection with any exercise hereunder, but in lieu of such fractional shares the Company shall make a cash payment therefor upon the basis of the Warrant Price then in effect.
Found in AccelPath, Inc. contract
AccelPath, Inc. Contracts

ACCELPATH, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on March 21, 2014)

ACCELPATH, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on March 21, 2014)

ACCELPATH, INC. WARRANT TO PURCHASE COMMON STOCK (Filed With SEC on March 21, 2014)