Common use of Issuance of Additional Shares of Common Stock Clause in Contracts

Issuance of Additional Shares of Common Stock. In the event that the Company shall issue Additional Shares of Common Stock without consideration or for a consideration per share less than the Exercise Price in effect on the date of and immediately prior to such issue, then and in each such event, such Exercise Price shall be reduced concurrently with such issue of shares to a price equal to the consideration per share for which the Additional Shares of Common Stock are issued.

Issuance of Additional Shares of Common Stock. i. In the event that the Company shall issue any Additional Shares of Common Stock without consideration or for (as defined below), at a consideration price per share less than the Exercise Price then in effect on the date of and immediately prior to such issueor without consideration, then and in the Exercise Price upon each such event, such issuance shall be adjusted to that price determined by multiplying the Exercise Price shall be reduced concurrently with such issue of shares to then in effect by a price equal to the consideration per share for which the Additional Shares of Common Stock are issued.fraction: