Common use of Adjustment for Dividends in Stock Clause in Contracts

Adjustment for Dividends in Stock. If at any time on or after the date hereof, the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below), then and in each such case, upon the exercise of this Warrant, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivable, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the Holder would receive on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given effect to all adjustments called for during such period by this Section 2.

Adjustment for Dividends in Stock. If If, at any time on or after the date hereof, the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below), then and in each such case, upon the exercise of this Warrant, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivable, receivable and without payment of any additional consideration thereforconsideration, the amount of such other or additional stock of the Company which the Holder would receive on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given effect to all adjustments called for during such period by this Section 2.

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereof, hereof the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, receive without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below)dividend, then and in each such case, the Holder of this Warrant shall, upon the exercise of this Warrant, the Holder shall hereof be entitled to receive, in addition to the number of shares of Common Warrant Stock receivablereceivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the such Holder would receive hold on the date of such exercise had it been the holder of record of such Common shares of Warrant Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given period, giving effect to all adjustments called for during such period by paragraphs (a) and (b) of this Section 26.

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereof, hereof the holders of the Common Stock shares of the Company Company's capital stock of the same class and series as the Warrant Shares (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below)dividend, then and in each such case, the Purchaser shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivableWarrant Shares receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the Holder such Purchaser would receive hold on the date of such exercise had it been the holder of record of such Common Stock Warrant Shares on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given period, giving effect to all adjustments called for during such period by paragraph (c) of this Section 23.

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereof, hereof the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock securities or other property of the Company by way of dividend (other than as provided for in Section 2(b) below)or distribution, then and in each such case, the holder of this Warrant shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivablereceivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock securities or other property of the Company which the Holder such holder would receive hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock securities or other property receivable by it as aforesaid during such period and given period, giving effect to all adjustments called for during such period by this paragraph (a) and paragraphs (b) and (c) of this Section 2.

Adjustment for Dividends in Stock. If at any time on or after the date hereof, the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholdersshareholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below), then and in each such case, upon the exercise of this Warrant, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivable, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the Holder would receive have received on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had Holder thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given effect to all adjustments called for during such period by this Section 2.

Adjustment for Dividends in Stock. If In case at any time on while this Warrant, or after the date hereofany portion thereof, is outstanding or unexpired, the holders of the Common Stock shares of the Company (Financing Securities or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) Previous Financing Preferred Stock, as applicable, shall have received, or, on or after the record date fixed for the determination of eligible stockholdersshareholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section 2(b) below)dividend, then and in each such case, the Warrantholder shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivableWarrant Shares receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the Holder Warrantholder would receive hold on the date of such exercise had it been the holder of record of such Common Stock on Warrant Shares from the date hereof of such dividend and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and given period, giving effect to all adjustments called for during such period by this Section 25.

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereof, the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock securities or other property of the Company (except for cash from the proceeds of the Merger) by way of dividend (other than as provided for in Section 2(b) below)or distribution, then and in each such case, Holder shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivablereceivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock securities or other property of the Company which the Holder would receive hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock securities or other property receivable by it as aforesaid described above during such period and given period, giving effect to all adjustments called for during such period by this Section 23(a) and Section 3(b) and Section 3(c).

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereof, hereof the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholdersshareholders, shall have become entitled to receive, without payment therefor, other or additional stock securities or other property of the Company by way of dividend (other than as provided for in Section 2(b) below)or distribution, then and in each such case, the holder of this Warrant shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivablereceivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock securities or other property of the Company which the Holder such holder would receive hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock securities or other property receivable by it as aforesaid during such period and given effect to all adjustments called for during such period by this Section 2.such

Adjustment for Dividends in Stock. If In case at any time or from time to time on or after the date hereofthat the Company completes its voluntary reorganization/recapitalization plan as set forth in the Private Placement Memorandum dated October 1, 1996 relating to the Company's offering of 2,000,000 shares of its Common Stock in reliance on Regulation D, the holders of the Common Stock of the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock of the Company by way of dividend (other than as provided for in Section Paragraph 2(b) below), then and in each such case, the holder of this Warrant shall, upon the exercise of this Warranthereof, the Holder shall be entitled to receive, in addition to the number of shares of Common Stock receivablereceivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock of the Company which the Holder such holder would receive hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock receivable by it as aforesaid during such period and period, given effect to all adjustments called for during such period by this Section 2.Paragraph2. 97