Common use of Rounding of Calculations; Minimum Adjustment Clause in Contracts

Rounding of Calculations; Minimum Adjustment. All calculations under this Section 3.1(a) shall be made to the nearest cent or to the nearest whole share (as provided in Section 1.2) share, as the case may be. Any provision of this Section 3.1 to the contrary notwithstanding, no adjustment in the Exercise Price shall be made if the amount of such adjustment would be less than $.05, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $.05 or more. In case the Company shall at any time issue shares of Common Stock in any transaction described in Section 3.1(a)(iv) or 3.1(a)(v), such amount of $.05 per share (as theretofore increased or decreased, if such amount shall have been adjusted in accordance with the provisions of this Section 3.1(a)(vii) shall forthwith be proportionately increased in the case of a transaction described in Section 3.1(a)(v) or decreased in the case of a transaction described in Section 3.1(a)(iv) so as appropriately to reflect such transaction.

Rounding of Calculations; Minimum Adjustment. All calculations under this Section 3.1(a) and under Section 3.1(b) shall be made to the nearest cent or to the nearest whole share (as provided in Section 1.2) share), as the case may be. Any provision of this Section 3.1 to the contrary notwithstanding, no adjustment in the Exercise Price shall be made if the amount of such adjustment would be less than $.050.25, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $.05 0.25 or more. In case the Company shall at any time issue shares of Common Stock in any transaction described in Section 3.1(a)(iv3.1(a)(i) or 3.1(a)(v3.1(a)(ii), such amount of $.05 0.25 per share (as theretofore increased or decreased, if such amount shall have been adjusted in accordance with the provisions of this Section 3.1(a)(vii3.1(a)(iv)) shall forthwith be proportionately increased in the case of a transaction described in Section 3.1(a)(v3.1(a)(ii) or decreased in the case of a transaction described in Section 3.1(a)(iv3.1(a)(i) so as appropriately to reflect such transaction.

Rounding of Calculations; Minimum Adjustment. All calculations under this Section 3.1(a) shall be made to the nearest cent or to the nearest whole share (as provided in Section 1.2) share, as the case may be. Any provision of this Section 3.1 to the contrary notwithstanding, no adjustment in the Exercise Price shall be made if the amount of such adjustment would be less than $.05, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $.05 or more. In case the ~e Company shall at any time issue shares of Common Stock in any transaction described in Section 3.1(a)(iv3. l(a)(iv) or 3.1(a)(v3. 1(a)(v), such amount of $.05 per share (as theretofore increased or decreased, if such amount shall have been adjusted in accordance with the provisions of this Section 3.1(a)(vii3. 1(a)(vii)) shall forthwith be proportionately increased in the case of a transaction described in Section 3.1(a)(v3. 1(a)(v) or decreased in the case of a transaction described in Section 3.1(a)(iv3. 1(a)(iv) so as appropriately to reflect such transaction.