Common use of Protection Against Dilution Clause in Contracts

Protection Against Dilution. (a) In case the Company shall hereafter (i) pay a dividend or make a distribution on its capital stock in shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares or (iv) issue by reclassification of its Common Stock any shares of capital stock of the Company, the Per Share Option Price shall be adjusted so that the Optionee upon the exercise hereof shall be entitled to receive the number of shares of Common Stock or other capital stock of the Company which it would have owned immediately following such action had such Option been exercised immediately prior thereto. An adjustment made pursuant to this Subsection 4(a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Protection Against Dilution. (a) In case the Company shall --------------------------- hereafter (i) pay a dividend or make a distribution on its capital stock in shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares or (iv) issue by reclassification of its Common Stock any shares of capital stock of the Company, the Per Share Option Warrant Price shall be adjusted so that the Optionee Holder upon the exercise hereof shall be entitled to receive the number of shares of Common Stock or other capital stock of the Company which it he would have owned immediately following such action had such Option Warrant been exercised immediately prior thereto. An adjustment made pursuant to this Subsection 4(a3(a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Protection Against Dilution. (a) In case the Company shall hereafter (i) pay a dividend or make a distribution on its capital stock in shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares or (iv) issue by reclassification of its Common Stock any shares of capital stock of the Company, the Per Share Option Warrant Price shall be adjusted so that the Optionee Holder upon the exercise hereof shall be entitled to receive the number of shares of Common Stock or other capital stock of the Company which it he would have owned immediately following such action had such Option Warrant been exercised immediately prior thereto. An adjustment made pursuant to this Subsection 4(a3(a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Protection Against Dilution. (a) In case the Company shall hereafter (i) pay a dividend or make a distribution on its capital stock in shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares or (iv) issue by reclassification of its Common Stock any shares of capital stock of the Company, the Per Share Option Warrant Price shall be adjusted so that the Optionee Holder upon the exercise hereof shall be entitled to receive the number of shares of Common Stock or other capital stock of the Company which it would have owned immediately following such action had such Option Warrant been exercised immediately prior thereto. An adjustment made pursuant to this Subsection 4(a3(a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Protection Against Dilution. (a) In case the Company shall hereafter --------------------------- (i) pay a dividend or make a distribution on its capital stock in shares of Common Stock, Common. Stock (ii) subdivide its outstanding shares of Common Stock into a greater number of shares, (iii) combine its outstanding shares of Common Stock into Into a smaller number of shares or (iv) issue by reclassification of its Common Stock any shares of capital stock of the Company, the Per Share Option Warrant Price shall be adjusted so that the Optionee Holder upon the exercise hereof shall be entitled to receive the number of shares of Common Stock or other capital stock of the Company which it he would have owned immediately following such action had such Option Warrant been exercised immediately prior thereto. An adjustment made pursuant to this Subsection 4(a3(a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.