Common use of Reset Clause in Contracts

Reset. On the Reset Date, the Exercise Price shall be adjusted to equal the lowest of (i) the Exercise Price then in effect, (ii) the Reset Price determined as of the date of determination and (iii) the lowest VWAP during the period commencing five (5) consecutive Trading Days immediately preceding the Reset Date. Upon such reset of the Exercise Price pursuant to this Section 3(j), the number of Warrant Shares issuable hereunder shall be increased such that the aggregate Exercise Price of this Warrant on the Issuance Date for the Warrant Shares then outstanding shall remain unchanged following such reset. Notwithstanding the foregoing, if a Holder requests to exercise this Warrant in whole or in part on any given date prior to the Reset Date, solely with respect to such portion of this Warrant being exercised on such applicable Exercise Date, (a) such applicable Reset Date shall be deemed to mean the Exercise Date, (b) such applicable Reset Period shall be deemed to have ended on the Trading Day immediately prior to the Exercise Date and (c) the applicable Reset Price for such exercised Warrants shall be calculated pursuant to this Section 4. For the avoidance of doubt, following the calculation of the Reset Price pursuant to this Section 4, the Company’s obligations with regard to such exercised Warrants shall be deemed satisfied and no additional Reset Price shall apply to such exercised Warrants.

Reset. On the 7th calendar day after the Issue Date (the “Reset Date”), the Exercise Price for this Warrant shall be adjusted to equal the lowest 20% of Nasdaq Minimum Price (ias defined in Nasdaq Listing Rule 5635(d)) the Exercise Price then in effect, (ii) the Reset Price determined as of the date Company’s Ordinary Share determined upon the signing of determination and the Purchase Agreement (iii) the lowest VWAP during the period commencing five (5) consecutive Trading Days immediately preceding the Reset Date“Reference Price”). Upon such reset of the Exercise Price pursuant to this Section 3(j3(g), the number of Warrant Shares issuable hereunder immediately prior to such reset shall be increased such that adjusted to the aggregate number of Ordinary Shares determined by multiplying the Exercise Price then in effect on the Issue Date by the number of Warrant Shares acquirable upon exercise of this Warrant on immediately prior to such reset and dividing the Issuance Date for product thereof by the Warrant Shares then outstanding shall remain unchanged following Exercise Price resulting from such reset. . i. Notwithstanding the foregoing, if a Holder requests to exercise this Warrant in whole or in part on any given date prior to the Reset Date, solely with respect to such portion of this Warrant being exercised on such applicable Exercise Date, (a) such applicable Reset Date shall be deemed to mean the Exercise Date, and (b) such applicable Reset Period shall be deemed to have ended on the Trading Day immediately prior to the Exercise Date and (c) the applicable Reset Reference Price for such exercised Warrants shall be calculated pursuant to this Section 43(g). For the avoidance of doubt, following the calculation of the Reset Reference Price pursuant to this Section 43(g)(i), the Company’s obligations with regard to such exercised Warrants shall be deemed satisfied and no additional Reset Reference Price shall apply to such exercised Warrants.

Reset. On the Reset Date, the Exercise Price shall be adjusted to equal the lowest of (i) the Exercise Price then in effect, (ii) the Reset Price determined as of the date of determination and (iii) the lowest VWAP during the period commencing five (5) consecutive Trading Days immediately preceding the Reset Date. Upon such reset of the Exercise Price pursuant to this Section 3(j3(k), the number of Warrant Shares issuable hereunder shall be increased such that the aggregate Exercise Price of this Warrant on the Issuance Date for the Warrant Shares then outstanding shall remain unchanged following such reset. Notwithstanding the foregoing, if a Holder requests to exercise this Warrant in whole or in part on any given date prior to the Reset Date, solely with respect to such portion of this Warrant being exercised on such applicable Exercise Date, (a) such applicable Reset Date shall be deemed to mean the Exercise Date, (b) such applicable Reset Period shall be deemed to have ended on the Trading Day immediately prior to the Exercise Date and (c) the applicable Reset Price for such exercised Warrants shall be calculated pursuant to this Section 43(k). For the avoidance of doubt, following the calculation of the Reset Price pursuant to this Section 43(k), the Company’s obligations with regard to such exercised Warrants shall be deemed satisfied and no additional Reset Price shall apply to such exercised Warrants.

Reset. On the seventh calendar day after the Issue Date (the “Reset Date”), the Exercise Price for this Warrant shall be adjusted to equal the lowest 20% of (i) the Exercise Nasdaq Minimum Price then as defined in effectNasdaq Listing Rule 5635(d), (ii) the Reset Price determined as of the date of determination and Company’s Ordinary Share determined on the Issue Date (iii) the lowest VWAP during the period commencing five (5) consecutive Trading Days immediately preceding the Reset Date“Reference Price”). Upon such reset of the Exercise Price pursuant to this Section 3(j3(g), the number of Warrant Shares issuable hereunder immediately prior to such reset shall be increased such that adjusted to the aggregate number of Ordinary Shares determined by multiplying the Exercise Price then in effect on the Issue Date by the number of Warrant Shares acquirable upon exercise of this Warrant on immediately prior to such reset and dividing the Issuance Date for product thereof by the Warrant Shares then outstanding shall remain unchanged following Exercise Price resulting from such reset. . i. Notwithstanding the foregoing, if a Holder requests to exercise this Warrant in whole or in part on any given date prior to the Reset Date, solely with respect to such portion of this Warrant being exercised on such applicable Exercise Date, (a) such applicable Reset Date shall be deemed to mean the Exercise Date, and (b) such applicable Reset Period shall be deemed to have ended on the Trading Day immediately prior to the Exercise Date and (c) the applicable Reset Reference Price for such exercised Warrants shall be calculated pursuant to this Section 43(g). For the avoidance of doubt, following the calculation of the Reset Reference Price pursuant to this Section 43(g)(i), the Company’s obligations with regard to such exercised Warrants shall be deemed satisfied and no additional Reset Reference Price shall apply to such exercised Warrants.

Reset. On Beginning on the Shareholder Approval Date and ending on the Reset Date, the Exercise Price shall be adjusted to equal the lowest lower of (i) the Exercise Price then in effect, effect and (ii) the Reset Price determined as of the date of determination and (iii) the lowest VWAP during the period commencing five (5) consecutive Trading Days immediately preceding the Reset Datedetermination. Upon such reset of the Exercise Price pursuant to this Section 3(j3(k), the number of Warrant Shares issuable hereunder shall be increased such that the aggregate Exercise Price of this Warrant on the Issuance Date for the Warrant Shares then outstanding shall remain unchanged following such reset. Notwithstanding the foregoing, if a Holder requests to exercise this Warrant in whole or in part on any given date prior to the Reset Date, solely with respect to such portion of this Warrant being exercised on such applicable Exercise Date, (a) such applicable Reset Date shall be deemed to mean the Exercise Date, (b) such applicable Reset Period shall be deemed to have ended on the Trading Day immediately prior to the Exercise Date and (c) the applicable Reset Price for such exercised Warrants shall be calculated pursuant to this Section 43(k). For the avoidance of doubt, following the calculation of the Reset Price pursuant to this Section 43(k), the Company’s obligations with regard to such exercised Warrants shall be deemed satisfied and no additional Reset Price shall apply to such exercised Warrants.