Common use of Adjustment for Reclassification, Exchange, or Substitution Clause in Contracts

Adjustment for Reclassification, Exchange, or Substitution. If the Warrant Shares shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification, or otherwise (other than a subdivision or combination of shares or stock dividend provided for above), then and in each such event the Holder shall have the right thereafter to convert such share into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, or other change, by holders of the number of shares of Common Stock into which the Warrant might have been exercised immediately prior to such reorganization, reclassification, or change, all subject to further adjustment as provided herein.

Adjustment for Reclassification, Exchange, or Substitution. If the Warrant Shares Common Stock issuable upon the conversion of the Notes shall be changed into the same or a different number of shares of any class or classes of stock, whether by capital reorganization, reclassification, reclassification or otherwise (other than a subdivision or combination of shares or stock dividend provided for above, or a reorganization, merger, consolidation or sale of assets provided for in Section 4.5(c) below), then and in each such event the Holder holder of each Note shall have the right thereafter to convert such share each Note into the kind and amount of shares of stock and other securities and property receivable upon such reorganization, reclassification, reclassification or other change, by as holders of the number of shares of Common Stock into which the Warrant such Note might have been exercised converted immediately prior to such reorganization, reclassification, reclassification or change, all subject to further adjustment as provided herein.