Common use of Adjustment for Common Stock Issue Clause in Contracts

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Market Price per share on the date the Company fixes the offering price of such additional shares, each Exercise Price shall be adjusted in accordance with the formula: P -- E' = E x O + M ----- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price per share of Common Stock on the date the Company fixes the offering price of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Current Market Price per share on the date the Company fixes the offering price of such additional shares, each Exercise the Conversion Price shall be adjusted in accordance with the formula: P -- - E' = E x O + M ----- A where: E' = the adjusted Exercise Conversion Price. E = the then current Exercise Conversion Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Current Market Price per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Market Price Fair Value per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- ----- E' = E x O + M ----- ------------------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price Fair Value per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:.

Adjustment for Common Stock Issue. If the Company issues shares of --------------------------------- Common Stock for a consideration per share less than the current Current Market Price per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- - E' = E x O + M ----- ------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Current Market Price per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Current Market Price per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- --- E' = x E x O S + M ----- ---------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O S = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Current Market Price per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, made and shall become effective immediately after such issuance. This subsection (d) does not apply to:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Market Price Fair Value per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- ----- E' = E x O + M ----- ------------------- A where: E' = E'= the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price Fair Value per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the lower of the Exercise Price or current Market Price market price per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- E' ’ = E x O + M ----- A where: E' ’ = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price market price per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (db) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Market Price market price per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the following formula: P -- E' = E x O 0 + M ----- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price market price per share of Common Stock on the date the Company fixes the offering price of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the current Market Price Fair Value per share on the date the Company fixes the offering price of such additional shares, each the Exercise Price shall be adjusted in accordance with the formula: P -- --- E' = E x O + M ----- ----------- A where: E' = the adjusted Exercise Price. E = the then current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares. P = the aggregate consideration received for the issuance of such additional shares. M = the current Market Price Fair Value per share of Common Stock on the date the Company fixes the offering price of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to:.