Common use of Exercise Price Adjustments Clause in Contracts

Exercise Price Adjustments. Upon the occurrence of each event --------------------------- requiring an adjustment in the Exercise Price, or the number of underlying shares, the Issuer shall give prompt written notice, setting forth the computation used to arrive at the adjusted price or number of underlying shares. The Issuer's Chief Financial Officer or the Issuer's accountants shall make the computations. Such computations shall be conclusive and binding upon the Holder unless written objection is given to the Issuer, within fourteen days from the date of the Issuer's initial adjustment notice.

Exercise Price Adjustments. Upon the occurrence of each --------------------------- event --------------------------- requiring an adjustment in the Exercise Price, or the number of underlying shares, the Issuer shall give prompt written notice, setting forth the computation used to arrive at the adjusted price or number of underlying shares. The Issuer's Chief Financial Officer or the Issuer's accountants shall make the computations. Such computations shall be conclusive and binding upon the Holder unless written objection is given to the Issuer, within fourteen days from the date of the Issuer's initial adjustment notice.