Common use of Extraordinary Events Regarding Common Stock Clause in Contracts

Extraordinary Events Regarding Common Stock. In the event that, after the date of this Agreement, Sonic Foundry shall (a) issue additional shares of Common Stock as a dividend or other distribution on outstanding Common Stock, (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of Common Stock, then, in each such event, the Per Purchase Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Price then in effect. The Per Share Purchase Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described herein. The number of Shares that the Subscriber shall thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock that would otherwise (but for the provisions of this Section) be issuable on such exercise by a fraction of which (a) the numerator is the Per Share Purchase Price that would otherwise (but for the provisions of this Section) be in effect, and (b) the denominator is the Per Share Purchase Price then in effect.

Extraordinary Events Regarding Common Stock. In the event that, after that the date of this Agreement, Sonic Foundry Company shall (a) issue additional shares of Common Stock (or Common Stock Equivalents) as a dividend or other distribution on outstanding Common Stock, Stock issued by the Company (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of Common Stock, then, in each such event, the Per Purchase Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Exercise Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Exercise Price then in effect. The Per Share Purchase Exercise Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described hereinherein in this Section 3.2. The number of Warrant Shares that the Subscriber shall Holder will thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock Warrant Shares that would otherwise (but for the provisions of this SectionSection 3.2) be issuable on such exercise by a fraction of which (ax) the numerator is the Per Share Purchase Exercise Price that would otherwise (but for the provisions of this SectionSection 3.2) be in effect, and (by) the denominator is the Per Share Purchase Exercise Price then in effecteffect on the date of such exercise (taking into account the provisions of this Section 3.2).

Extraordinary Events Regarding Common Stock. In the event that, after that the date of this Agreement, Sonic Foundry Company shall (a) issue additional shares of Common Stock as a dividend or other distribution on outstanding Common Stock, (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of Common Stock, then, in each such event, the Per Purchase Price and Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Price and Exercise Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Price and Exercise Price then in effect. The Per Share Purchase Price and Exercise Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described herein. The number of Shares Securities that the Subscriber shall thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock that would otherwise (but for the provisions of this Section) be issuable on such exercise by a fraction of which (a) the numerator is the Per Share Purchase Price and Exercise Price that would otherwise (but for the provisions of this Section) be in effect, and (b) the denominator is the Per Share Purchase Price and Exercise Price then in effect.

Extraordinary Events Regarding Common Stock. In the event that, after that between the date of this Agreementhereof and the Closing, Sonic Foundry the Company shall (a) issue additional shares of Common Stock as a dividend or other distribution on outstanding Common Stock, (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of Common Stock, then, in each such event, the Per Purchase Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Price then in effect. The Per Share Purchase Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described herein. The number of Shares that the Subscriber shall thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock that would otherwise (but for the provisions of this Section) be issuable on such exercise by a fraction of which (a) the numerator is the Per Share Purchase Price that would otherwise (but for the provisions of this Section) be in effect, and (b) the denominator is the Per Share Purchase Price then in effect.

Extraordinary Events Regarding Common Stock. In the event that, after that the date of this Agreement, Sonic Foundry Company shall (a) issue additional shares of Common Stock (or Common Stock Equivalents) as a dividend or other distribution on outstanding Common StockStock issued by the Company, (b) subdivide its outstanding shares of Common Stock, or (c) combine its outstanding shares of the Common Stock into a smaller number of shares of Common Stock, then, in each such event, the Per Purchase Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Exercise Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Exercise Price then in effect. The Per Share Purchase Exercise Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described hereinherein in this Section 3.2. The number of Warrant Shares that the Subscriber shall Holder will thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock Warrant Shares that would otherwise (but for the provisions of this SectionSection 3.2) be issuable on such exercise by a fraction of which (ax) the numerator is the Per Share Purchase Exercise Price that would otherwise (but for the provisions of this SectionSection 3.2) be in effect, and (by) the denominator is the Per Share Purchase Exercise Price then in effecteffect on the date of such exercise (taking into account the provisions of this Section 3.2).

Extraordinary Events Regarding Common Stock. In If the event that, after the date of this Agreement, Sonic Foundry shall Corporation (a) issue issues additional shares of the Common Stock as a dividend or other distribution on outstanding Common StockStock or any preferred stock issued by the Corporation, (b) subdivide subdivides its outstanding shares of Common Stock, or (c) combine combines its outstanding shares of the Common Stock into a smaller number of shares of the Common Stock, then, in each such event, the Per Purchase Exercise Price shall, simultaneously with the happening of such event, be adjusted by multiplying the then Purchase Exercise Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such event and the denominator of which shall be the number of shares of Common Stock outstanding immediately after such event, and the product so obtained shall thereafter be the Per Share Purchase Exercise Price then in effect. The Per Share Purchase Exercise Price, as so adjusted, shall be readjusted in the same manner upon the happening of any successive event or events described hereinherein in this SECTION 4. The number of Shares that the Subscriber shall thereafter be entitled to receive shall be adjusted to a number determined by multiplying the number of shares of Common Stock that would otherwise (but for the provisions Holder of this Section) be issuable Warrant shall thereafter, on such the exercise by a fraction of which (a) the numerator is the Per Share Purchase Price that would otherwise (but for the provisions of this Section) be in effect, and (b) the denominator is the Per Share Purchase Price then in effect.hereof as provided herein in