Common use of Adjustments for Changes in Capital Stock Clause in Contracts

Adjustments for Changes in Capital Stock. If the Company (i) pays a dividend in shares of Common Stock to holders of Common Stock; (ii) subdivides outstanding shares of Common Stock into a greater number of shares; (iii) combines outstanding shares of Common Stock into a smaller number of shares; (iv) pays a dividend on shares of Common Stock in shares of capital stock other than Common Stock or makes a distribution on Common Stock in shares of capital stock other than Common Stock; or (v) issues by reclassification of shares of Common Stock any shares of its capital stock, then the Conversion Price in effect immediately prior to such action shall be adjusted so that the Holder thereafter converting the Conversion Amount may receive the number of shares of capital stock of the Company that such Holder would have owned immediately following such action if the Holder had converted the Conversion Amount immediately prior to such action. For a dividend or distribution, the adjustment shall become effective immediately after the record date for the dividend or distribution. For a subdivision, combination or reclassification, the adjustment shall become effective immediately after the effective date of the subdivision, combination or reclassification. If after an adjustment the Holder, upon conversion of the Conversion Amount, may receive shares of two or more classes of capital stock of the Company, then the Board of Directors of the Company shall determine in good faith the allocation of the adjusted Conversion Price between or among the classes of capital stock. After such allocation, the Conversion Price of the classes of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to Common Stock contained in this Section 5(e).

Adjustments for Changes in Capital Stock. If the Company (i) pays a dividend in shares of Common Stock to holders of Common Stock; (ii) subdivides outstanding shares of Common Stock into a greater number of shares; (iii) combines outstanding shares of Common Stock into a smaller number of shares; (iv) pays a dividend on shares of Common Stock in shares of capital stock other than Common Stock or makes a distribution on Common Stock in shares of capital stock other than Common Stock; or (v) issues by reclassification of shares of Common Stock any shares of its capital stock, then the Conversion Price in effect immediately prior to such action shall be adjusted so that the Holder thereafter converting the Conversion Amount may receive the number of shares of capital stock of the Company that such Holder would have owned immediately following such action if the Holder had converted the Conversion Amount immediately prior to such action. For a dividend or distribution, the adjustment shall become effective immediately after the record date for the dividend or distribution. For a subdivision, combination or reclassification, the adjustment shall become effective immediately after the effective date of the subdivision, combination or reclassification. If after an adjustment the Holder, upon conversion of the Conversion Amount, may receive shares of two or more classes of capital stock of the Company, then the Board of Directors of the Company shall determine in good faith the allocation of the adjusted Conversion Price between or among the classes of capital stock. After such allocation, the Conversion Price of the classes of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to Common Stock contained in this Section 5(e6(e).

Adjustments for Changes in Capital Stock. If the Company (iA) pays ---------------------------------------- a dividend in shares Shares of Common Stock to holders of Common Stock; (iiB) subdivides outstanding shares of Common Stock into a greater number of shares; (iiiC) combines outstanding shares of Common Stock into a smaller number of shares; (ivD) pays a dividend on shares of Common Stock in shares of capital stock other than Common Stock or makes a distribution on Common Stock in shares of capital stock other than Common Stock; or (vE) issues by reclassification of shares of Common Stock any shares of its capital stock, ; then the Conversion Exercise Price in effect immediately prior to such action shall be adjusted so that the Holder holder of Warrants thereafter converting the Conversion Amount exercised may receive the number of shares of capital stock of the Company that which such Holder holder would have owned immediately following such action if the Holder such holder had converted the Conversion Amount exercised his Warrant immediately prior to such action. For a dividend or distribution, the adjustment shall become effective immediately after the record date for the dividend or distribution. For a subdivision, combination combination, or reclassification, the adjustment shall become effective immediately after the effective date of the subdivision, combination combination, or reclassification. If If, after an adjustment the Holderadjustment, a holder of a Warrant upon conversion of the Conversion Amount, Exercise thereof may receive shares of two or more classes of capital stock of the Company, then the Board of Directors of the Company shall determine in good faith the allocation of the adjusted Conversion Exercise Price between or among the classes of capital stock. After such allocation, the Conversion Exercise Price of the classes of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to Common Stock contained in this Section 5(e9(c), above.