Common use of Adjustments to Warrant Price and Warrant Shares Clause in Contracts

Adjustments to Warrant Price and Warrant Shares. Subject and pursuant to the provisions of this Section 8, the Warrant Price and number of Warrant Shares subject to this Warrant shall be subject to adjustment from time to time as set forth hereinafter. a. If and whenever after the Original Issue Date (as defined below) the Company shall issue Additional Shares of Common Stock (as defined below) or is otherwise deemed to issue Additional Shares of Common Stock (including, without limitation, the issuance or deemed issuance of Options (as defined below) and Convertible Securities (as defined below), in either case, without consideration or for a consideration per share less than the Conversion Price (as defined below) (such transaction is referred to as a “Triggering Transaction”), then forthwith upon such Triggering Transaction, the number of Warrant Shares shall, subject to and in accordance with the applicable provisions of this Section 8, be increased to the number of Warrant Shares (calculated to the nearest whole share of Common Stock) determined as follows: Where:

Adjustments to Warrant Price and Warrant Shares. Subject and pursuant to the provisions of this Section 8, the Warrant Price and number of Warrant Shares subject to this Warrant shall be subject to adjustment from time to time as set forth hereinafter. a. (a) If and whenever after the Original Issue Date (as defined below) the Company shall issue Additional Shares of Common Stock (as defined below) or is otherwise deemed to issue Additional Shares of Common Stock (including, without limitation, the issuance or deemed issuance of Options (as defined below) and Convertible Securities (as defined below)), in either case, without consideration or for a consideration per share less than the Conversion Price (as defined below) (such transaction is referred to as a “"Triggering Transaction”"), then forthwith upon such Triggering Transaction, the number of Warrant Shares shall, subject to and in accordance with the applicable provisions of this Section 8, be increased to the number of Warrant Shares (calculated to the nearest whole share of Common Stock) determined as follows: W' = W + [N - (T x N / E)] x W / [O + (T x N / E)] ----------------------------------------- 1 - {W / [O + (T x N / E)]} Where: