Common use of Stock Splits, etc Clause in Contracts

Stock Splits, etc. The number of Shares purchasable upon the exercise of this Option and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following: In case the Company shall: (i) pay a dividend in Shares or make a distribution in Shares to holders of its outstanding Shares; (ii) subdivide its outstanding Shares into a greater number of Shares; (iii) combine its outstanding Shares into a smaller number of Shares; or (iv) issue any Shares in a reclassification of the Shares, then the number of Shares purchasable upon exercise of this Option immediately prior thereto shall be adjusted so that the Participant shall be entitled to receive the kind and number of Shares or other securities which it would have owned or have been entitled to receive had such Option been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares or other securities of the Company which are purchasable hereunder, the Participant shall thereafter be entitled to purchase the number of Shares or other securities resulting from such adjustment at an Exercise Price per Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares or other securities of the Company that are purchasable pursuant hereto immediately thereafter. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

Stock Splits, etc. The number and kind of Shares securities purchasable upon the exercise of this Option Warrant and the Exercise Price exercise price shall be subject to adjustment from time to time upon the happening of any of the following: . In case the Company shall: shall (i) pay a dividend in Shares shares of Common Stock or make a distribution in Shares shares of Common Stock to holders of its outstanding Shares; Common Stock, (ii) subdivide its outstanding Shares shares of Common Stock into a greater number of Shares; shares, (iii) combine its outstanding Shares shares of Common Stock into a smaller number of Shares; shares of Common Stock, or (iv) issue any Shares shares of its capital stock in a reclassification of the SharesCommon Stock, then the number of Shares shares purchasable upon exercise of this Option Warrant immediately prior thereto shall be adjusted so that the Participant Holder shall be entitled to receive the kind and number of Shares shares or other securities of the Company which it would have owned or have been entitled to receive had such Option Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares shares or other securities of the Company which are purchasable hereunder, the Participant Holder shall thereafter be entitled to purchase the number of Shares shares or other securities resulting from such adjustment at an Exercise Price exercise price per Share share or other security obtained by multiplying the Exercise Price exercise price in effect immediately prior to such adjustment by the number of Shares shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares shares or other securities of the Company that are purchasable pursuant hereto immediately thereafterresulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

Stock Splits, etc. The number of Shares purchasable upon the exercise of this Option and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following: In case the Company shall: (i) pay a dividend in Shares or make a distribution in Shares to holders of its outstanding Shares; (ii) subdivide its outstanding Shares into a greater number of Shares; (iii) combine its outstanding Shares into a smaller number of Shares; or (iv) issue any Shares in a reclassification of the Shares, then the number of Shares purchasable upon exercise of this Option immediately prior thereto shall be adjusted so that the Participant shall be entitled to receive the kind and number of Shares or other securities which it would have owned or have been entitled to receive had such Option been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares or other securities of the Company which are purchasable hereunder, the Participant shall thereafter be entitled to purchase the number of Shares or other securities resulting from such adjustment at an Exercise Price per Share or other security obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares or other securities of the Company that are purchasable pursuant hereto immediately thereafter. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.event.1

Stock Splits, etc. The number and kind of Shares securities -------------------- purchasable upon the exercise of this Option Warrant and the Exercise Price exercise price shall be subject to adjustment from time to time upon the happening of any of the following: . In case the Company shall: shall (i) pay a dividend in Shares shares of Common Stock or make a distribution in Shares shares of Common Stock to holders of its outstanding Shares; Common Stock, (ii) subdivide its outstanding Shares shares of Common Stock into a greater number of Shares; shares, (iii) combine its outstanding Shares shares of Common Stock into a smaller number of Shares; shares of Common Stock, or (iv) issue any Shares shares of its capital stock in a reclassification of the SharesCommon Stock, then the number of Shares shares purchasable upon exercise of this Option Warrant immediately prior thereto shall be adjusted so that the Participant Holder shall be entitled to receive the kind and number of Shares shares or other securities of the Company which it would have owned or have been entitled to receive had such Option Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares shares or other securities of the Company which are purchasable hereunder, the Participant Holder shall thereafter be entitled to purchase the number of Shares shares or other securities resulting from such adjustment at an Exercise Price exercise price per Share share or other security obtained by multiplying the Exercise Price exercise price in effect immediately prior to such adjustment by the number of Shares shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares shares or other securities of the Company that are purchasable pursuant hereto immediately thereafterresulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

Stock Splits, etc. The number and kind of Shares securities purchasable upon the exercise of this Option Warrant and the Exercise Price shall be exercise price is subject to adjustment from time to time upon the happening of any of the following: . In case the Company shall: (i) pay pays a dividend in Shares shares of Common Stock or make makes a distribution in Shares shares of Common Stock to holders of its outstanding Shares; Common Stock, (ii) subdivide subdivides its outstanding Shares shares of Common Stock into a greater number of Shares; shares, (iii) combine combines its outstanding Shares shares of Common Stock into a smaller number of Shares; shares of Common Stock, or (iv) issue issues any Shares shares of its capital stock in a reclassification of the SharesCommon Stock, then the number of Shares shares purchasable upon exercise of this Option Warrant immediately prior thereto shall will be adjusted so that the Participant shall Holder will be entitled to receive the kind and number of Shares shares or other securities of the Company which it would have owned or have been entitled to receive had such Option this Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares shares or other securities of the Company which are purchasable hereunder, the Participant shall Holder will thereafter be entitled to purchase the number of Shares shares or other securities resulting from such adjustment at an Exercise Price exercise price per Share share or other security obtained by multiplying the Exercise Price exercise price in effect immediately prior to such adjustment by the number of Shares shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares shares or other securities of the Company that are purchasable pursuant hereto immediately thereafterresulting from such adjustment. An adjustment made pursuant to this paragraph shall will become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

Stock Splits, etc. The number and kind of Shares securities purchasable upon the exercise of this Option Warrant and the Exercise Price exercise price shall be subject to adjustment from time to time tune upon the happening of any of the following: . In case the Company shall: shall (i) pay a dividend in Shares shares of Common Stock or make a distribution in Shares shares of Common Stock to holders of its outstanding Shares; Common Stock, (ii) subdivide its outstanding Shares shares of Common Stock into a greater number of Shares; shares, (iii) combine its outstanding Shares shares of Common Stock into a smaller number of Shares; shares of Common Stock, or (iv) issue any Shares shares of its capital stock in a reclassification of the SharesCommon Stock, then the number of Shares shares purchasable upon exercise of this Option Warrant immediately prior thereto shall be adjusted so that the Participant Holder shall be entitled to receive the kind and number of Shares shares or other securities of the Company which it would have owned or have been entitled to receive had such Option Warrant been exercised in advance thereof. Upon each such adjustment of the kind and number of Shares shares or other securities of the Company which are purchasable hereunder, the Participant Holder shall thereafter be entitled to purchase the number of Shares shares or other securities resulting from such adjustment at an Exercise Price exercise price per Share share or other security obtained by multiplying the Exercise Price exercise price in effect immediately prior to such adjustment by the number of Shares shares purchasable pursuant hereto immediately prior to such adjustment and dividing by the number of Shares shares or other securities of the Company that are purchasable pursuant hereto immediately thereafterresulting from such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.

Stock Splits, etc. The number of Shares purchasable upon the exercise of this Option and the Exercise Price shall be subject to adjustment from time to time upon the happening of any of the following: In case Borrower shall, after the Company shall: Original Issue Date (i) pay a dividend in Shares or make a distribution in Shares to holders of its outstanding Shares; (ii) subdivide its outstanding Shares shares of Common Stock into a greater number of Shares; shares or issue additional shares of Common Stock for no consideration as a stock dividend, (iiiii) combine its outstanding Shares shares of Common Stock into a smaller number of Shares; shares of Common Stock, or (iviii) issue any Shares shares of its capital stock in a reclassification of the SharesCommon Stock, then the number of Conversion Shares purchasable receivable upon exercise conversion of this Option Note immediately prior thereto shall be adjusted so that the Participant Holder shall be entitled to receive the kind and number of Conversion Shares or other securities of Borrower which it would have owned or have been entitled to receive had such Option this Note been exercised converted in advance thereof. Upon each such adjustment of the kind and number of Conversion Shares or other securities of the Company Borrower which are purchasable receivable hereunder, the Participant Holder shall thereafter be entitled to purchase receive the number of Conversion Shares or other securities resulting from such adjustment at an Exercise a Conversion Price per Share or other security obtained by multiplying the Exercise Conversion Price in effect immediately prior to such adjustment by the number of Conversion Shares purchasable receivable upon conversion of $1,000 of Notes pursuant hereto immediately prior to such adjustment and dividing such product by the number of Conversion Shares or other securities of the Company Borrower that are purchasable receivable upon conversion of $1,000 of Notes pursuant hereto immediately thereafterafter such adjustment. An adjustment made pursuant to this paragraph shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event.