Common use of Optional Tax Adjustment Clause in Contracts

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Warrant Shares into which each Warrant is exercisable, or decrease the Exercise Warrant Price, in addition to those changes required by Section 5.1(a6.1(a), Section 5.1(b6.1(b), 6.1(c), 6.1(d) and Section 5.1(c) or 6.1(g), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsRecipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Warrant Shares into which each Warrant is exercisable, or decrease the Exercise Warrant Price, in addition to those changes required by Section 5.1(a), Section 5.1(b), 5.1(c), 5.1(d) and Section 5.1(c) or 5.1(g), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsRecipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Warrant Shares into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a6.1(b), Section 5.1(b6.1(c) and Section 5.1(c) or 6(d), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsholders of the Common Stock or for any other purpose. Such adjustment may be made upon such terms as the Company may deem appropriate.

Optional Tax Adjustment. The Company may at its option, at any time during prior to the term of the WarrantsExpiration Date, increase the number of shares of Common Stock or other shares of capital stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b13(a) and Section 5.1(c13(b) hereof, as deemed advisable by the Board of Directors of the CompanyDirectors, in order that any event treated for federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during prior to the term of the WarrantsExpiration Time, increase the number of shares of Common Stock Shares into which each Warrant is exercisable, or decrease the Exercise PricePrice for such Warrant, in addition to those changes otherwise required by Section 5.1(a)this Article 4, Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the CompanyBoard, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsrecipients or that such tax shall be diminished.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Warrant Shares into which each Warrant is exercisable, or decrease the Exercise Warrant Price, in addition to those changes required by Section 5.1(a), Section 5.1(b), 5.1(c), 5.1(d) and Section 5.1(c) or 5.1(f), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsRecipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b), Section 5.1(c) and Section 5.1(c) 5.1(d), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(aSections 5.1(b), Section 5.1(b5.1(c), 5.1(d) and Section 5.1(c5.1(e) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock shares or stock share rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(aSections 4.1(a), Section 5.1(b4.1(b), 4.1(c), 4.1(d), 4.1(e) and Section 5.1(c) or 4.1(f), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Shares into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b), Section 5.1(c), Section 5.1(d) and Section 5.1(c5.1(e) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsrecipients of such dividend of stock or stock rights.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b) and ), Section 5.1(c), Section 5.1(d) or Section 5.1(e) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any ----------------------- time during the term of the Warrants, increase the number of shares of New Common Stock into which each Warrant is exercisable, or decrease the Exercise Priceconstitute a Stock Unit, in addition to those changes required by Section 5.1(a)this Sections 5.1, Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during prior to the term of the WarrantsExpiration Date, increase the number of shares of Common Stock or other shares of capital stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(bSections 12(a) and Section 5.1(c(b) hereof, as deemed advisable by the Board of Directors of the CompanyDirectors, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section Sections 5.1(a), Section 5.1(b) ), 5.1(c), and Section 5.1(c) 5.1(d), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during prior to the term of the WarrantsExpiration Date, increase the number of shares of Common Stock or other shares of capital stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(aSections 12(a) and (b), Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the CompanyBoard, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of New Common Stock into which each Warrant is exercisable, or decrease the Exercise Priceconstitute a Stock Unit, in addition to those changes required by Section 5.1(a)this Sections 5.1, Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock Warrant Shares into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes otherwise required by this Section 5.1(a)4, Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipientsholders of the Common Stock or for any other purpose. Such adjustment may be made upon such terms as the Company may deem appropriate.

Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b), Section 5.1(c) and Section 5.1(c5.1(d) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.