Common use of Stock Splits and Reverse Stock Splits Clause in Contracts

Stock Splits and Reverse Stock Splits. If the Company shall subdivide its outstanding shares of Preferred Stock into a greater number of shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately increased. If the Company shall combine the outstanding shares of Preferred Stock into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately decreased.

Stock Splits and Reverse Stock Splits. If the Company shall ------------------------------------- subdivide its outstanding shares of Preferred Common Stock into a greater number of shares, the Exercise Price and Designated Value shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant the Warrants represented hereby shall be proportionately increased. If the Company shall combine the outstanding shares of Preferred Common Stock into a smaller number of shares, the Exercise Price and Designated Value shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant the Warrants represented hereby shall be proportionately decreased.

Stock Splits and Reverse Stock Splits. If the Company shall subdivide subdivides its outstanding shares of Preferred Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall thereby be proportionately increased. If ; and, conversely, if the Company shall combine the outstanding shares of Preferred Common Stock outstanding are combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall thereby be proportionately decreased.