Common use of ADJUSTMENTS FOR STOCK DIVIDENDS, SUBDIVISIONS AND COMBINATIONS Clause in Contracts

ADJUSTMENTS FOR STOCK DIVIDENDS, SUBDIVISIONS AND COMBINATIONS. (a) In the event that, at any time and from time to time after the Issue Date, the Corporation shall (A) issue any additional shares of Stock as a dividend or distribution on its outstanding Stock or options, warrants or other rights to purchase, directly or indirectly, Stock as a dividend or distribution on its outstanding Stock or securities convertible, directly or indirectly, into Stock as a dividend or distribution on its outstanding Stock (other than shares of Stock issued upon exchange, exercise or conversion of the Preferred Stock or upon exercise of this Warrant), (B) subdivide its outstanding shares of Stock into a greater number of shares of Stock or (C) combine its outstanding shares of Stock into a smaller number of shares of Stock, then and in each such event, (x) the Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then current Exercise Price by a fraction, (i) the numerator of which shall be the number of shares of Stock outstanding immediately prior to such event, and (ii) the denominator of which shall be the number of shares of Stock outstanding immediately after such event, each in accordance with their terms, and the product so obtained shall thereafter be the Exercise Price then in effect, and (y) the number of Warrant Shares shall be adjusted by increasing or decreasing, as the case may be, the number of shares of Stock included within the Warrant Shares immediately prior to such event by the percentage increase or decrease in the total number of shares of Stock outstanding immediately after such event as compared to the total number of shares of Stock outstanding immediately prior to such event and the result so obtained shall be the number of Warrant Shares then in effect.

ADJUSTMENTS FOR STOCK DIVIDENDS, SUBDIVISIONS AND COMBINATIONS. (a) In the event that, at any time and from time to time after the Issue Date, the Corporation shall (A) issue any additional shares of Stock as a dividend or distribution on its outstanding Stock or options, warrants or other rights to purchase, directly or indirectly, Stock Stock, as a dividend or distribution on its outstanding Stock Stock, or securities convertible, directly or indirectly, into Stock as a dividend or distribution on its outstanding Stock (other than shares of Stock issued upon exchange, exercise or conversion of the Preferred Stock or upon exercise of this Warrant), (B) subdivide its outstanding shares of Stock into a greater number of shares of Stock or (C) combine its outstanding shares of Stock into a smaller number of shares of Stock, then and in each such event, (x) the Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then current Exercise Price by a fraction, (i) the numerator of which shall be the number of shares of Stock outstanding immediately prior to such event, and (ii) the denominator of which shall be the number of shares of Stock outstanding immediately after such event, each in accordance with their terms, and the product so obtained shall thereafter be the Exercise Price then in effect, and (y) the number of Warrant Shares shall be adjusted by increasing or decreasing, as the case may be, the number of shares of Stock included within the Warrant Shares immediately prior to such event by the percentage increase or decrease in the total number of shares of Stock outstanding immediately after such event as compared to the total number of shares of Stock outstanding immediately prior to such event and the result so obtained shall be the number of Warrant Shares then in effect.

ADJUSTMENTS FOR STOCK DIVIDENDS, SUBDIVISIONS AND COMBINATIONS. (a) In the event that, at any time and from time to time after the Issue Initial Exercise Date, the Corporation Company shall (Aa) issue any additional shares of Common Stock as a dividend or other distribution on its outstanding Stock or options, warrants or other rights to purchase, directly or indirectly, Stock as a dividend or distribution on its outstanding Stock or securities convertible, directly or indirectly, into Stock as a dividend or distribution on its outstanding Stock (other than shares of Stock issued upon exchange, exercise or conversion of the Preferred Stock or upon exercise of this Warrant)Common Stock, (Bb) subdivide its outstanding shares of Common Stock into a greater number of shares of Common Stock or (Cc) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock, then and then, in each such event, (x) the Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then current Exercise Price by a fraction, (i) the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event, and (ii) the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, each in accordance with their terms, and the product so obtained shall thereafter be the Exercise Price then in effect, and (y) the number of Warrant Shares shall be adjusted by increasing or decreasing, as the case may be, the number of shares of Common Stock included within the Warrant Shares immediately prior to such event by the percentage increase or decrease in the total number of shares of Common Stock outstanding immediately after such event as compared to over the total number of shares of Common Stock outstanding immediately prior to such event and the result so obtained shall be the number of shares of Common Stock included in the Warrant Shares then in effect. The Exercise Price and the Warrant Shares, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described in this Section 3.