Common use of Reorganization or Reclassification Clause in Contracts

Reorganization or Reclassification. In case of any capital reorganization, or of any reclassification of the capital stock of the Company (other than a change in par value or from par value to no par value or from no par value to par value or as a result of a split-up or combination), or any consolidation or merger of the Company with another corporation, or the sale of all or substantially all of the assets of the Company shall be effected in a manner by which the holders of Common Stock shall be entitled to securities or assets with respect to or in exchange for Common Stock, then this Warrant shall, after such capital reorganization, reclassification of capital stock, merger or sale of assets, entitle the Holder hereof to purchase the kind and number of shares of stock or other securities or property of the Company, or of the corporation resulting from such consolidation to which the Holder hereof would have been entitled if it had held the Common Stock issuable upon the exercise hereof immediately prior to such capital reorganization, reclassification of capital stock, consolidation, merger or sale. The Company shall not effect any such capital reorganization, reclassification of capital stock, consolidation, merger or sale unless prior to the consummation thereof the successor corporation (if other than the Company) resulting therefrom or the corporation purchasing such assets shall, by written instrument executed and mailed to the Holder hereof at the last address of such Holder appearing on the books of the Company, (i) assume the obligation to deliver to such Holder such shares of stock, securities or assets as, in accordance with the foregoing provisions, such Holder may be entitled to purchase, and (ii) agree to be bound by all the terms of this Warrant.

Reorganization or Reclassification. In case (a) If the Company shall reorganize its capital or reclassify its capital stock, pursuant to the terms of any capital reorganizationsuch reorganization or reclassification, or then, the Holder shall have the right thereafter to receive, upon exercise of any reclassification such Warrant, the number of the capital shares of common stock of the Company (successor Person or of the Company, if it is the surviving entity, or other than a change in par value equitable securities, property or from par value to no par value or from no par value to par value cash receivable upon or as a result of such reorganization or reclassification by a split-up or combination), or any consolidation or merger holder of the Company with another corporation, or the sale of all or substantially all of the assets of the Company shall be effected in a manner by which the holders of Common Stock shall be entitled to securities or assets with respect to or in exchange for Common Stock, then this Warrant shall, after such capital reorganization, reclassification of capital stock, merger or sale of assets, entitle the Holder hereof to purchase the kind and number of shares of stock or other securities or property of the Company, or of the corporation resulting from such consolidation to which the Holder hereof would have been entitled if it had held the Common Stock issuable upon the exercise hereof for which this Warrant is exercisable immediately prior to such capital reorganization, reclassification event. (b) In case of capital stock, consolidation, merger or sale. The Company shall not effect any such capital reorganizationreorganization or reclassification, reclassification of capital stock, consolidation, merger or sale unless prior to the consummation thereof the successor corporation or acquiring Person (if other than the Company) resulting therefrom shall expressly assume the due and punctual observance and performance of each and every covenant and condition of this Warrant to be performed and observed by the Company and all the obligations and liabilities hereunder, subject to such modifications as may be deemed appropriate (as determined by resolution of the Board) in order to provide for adjustments of shares of the Common Stock for which this Warrant is exercisable which shall be as nearly equivalent as practicable to the adjustments provided for in this Article III. (c) For purposes of this Section 3.4 “common stock of the successor Person” shall include stock of such Person of any class which is not preferred as to dividends or assets over any other class of stock of such Person and which is not subject to redemption and shall also include any evidences of indebtedness, shares of stock or other securities which are convertible into or exchangeable for any such stock, either immediately or upon the arrival of a specified date or the corporation purchasing happening of a specified event and any warrants or other rights to subscribe for or purchase any such assets shall, by written instrument executed and mailed to the Holder hereof at the last address of such Holder appearing on the books of the Company, (i) assume the obligation to deliver to such Holder such shares of stock, securities or assets as, in accordance with the . The foregoing provisions, such Holder may be entitled to purchase, and (ii) agree to be bound by all the terms provisions of this WarrantSection 3.4 shall similarly apply to successive reorganizations or reclassifications.

Reorganization or Reclassification. In case of any capital reorganization, or of any reclassification of the capital stock stock, of the Company (other than a change in par value or from par value to no par value or from no par value to par value or as a result of a split-up or combinationvalue), or any consolidation or merger of the Company with another corporationcorporation or other entity, or the sale of all or substantially all of the assets of the Company shall be effected in a manner by which the holders of Common Stock shall be entitled (either directly or upon subsequent liquidation) to securities or assets with respect to or in exchange for Common Stock, then this Warrant shall, after such capital reorganization, reclassification of capital stock, merger or sale of assets, entitle the Holder hereof to purchase the kind and number of shares of stock or other securities or property of the Company, or of the corporation resulting from such consolidation to which the Holder hereof would have been entitled if it had held the Common Stock issuable upon the exercise hereof immediately prior to such capital reorganization, reclassification of capital stock, consolidation, merger or salesale of assets. The Company shall not effect any such capital reorganization, reclassification of capital stock, consolidation, merger or sale of assets unless prior to the consummation thereof the successor corporation (if other than the Company) resulting therefrom or the corporation purchasing such assets shall, by written instrument executed and mailed to the Holder hereof at the last address of such Holder appearing on the books of the Company, (i) assume the obligation to deliver to such Holder such shares of stock, securities or assets as, in accordance with the foregoing provisions, such Holder may be entitled to purchase, and (ii) agree to be bound by all the terms of this Warrant.

Reorganization or Reclassification. In case of If any capital reorganization, reorganization or of any reclassification of the capital stock of the Company shall be effected in such a way (other than a change in par value or from par value to no par value or from no par value to par value or as a result including, without limitation, by way of a split-up or combination), or any consolidation or merger of the Company with another corporation, or the a sale of all or substantially all of the assets of the Company shall be effected in a manner by which the its assets) that holders of Common Stock common shares shall be entitled to receive stock, securities or assets with respect to or in exchange for Common Stockcommon-non shares, then then, as a condition of the reorganization or reclassification, lawful and adequate provisions shall be made whereby the holder of this Warrant shallshall thereafter have the right to receive, after such capital reorganization, reclassification in lieu of capital stock, merger or sale of assets, entitle the Holder hereof to purchase the kind and number of common shares of stock or other securities or property of the Company, or of the corporation resulting from such consolidation to which the Holder hereof would have been entitled if it had held the Common Stock issuable Company theretofore receivable upon the exercise hereof immediately prior to such capital reorganization, reclassification of capital stock, consolidation, merger or sale. The Company shall not effect any such capital reorganization, reclassification of capital stock, consolidation, merger or sale unless prior to the consummation thereof the successor corporation (if other than the Company) resulting therefrom or the corporation purchasing such assets shall, by written instrument executed and mailed to the Holder hereof at the last address conversion of such Holder appearing on the books of the Companyshares, (i) assume the obligation to deliver to such Holder such shares of stock, securities or assets asas may be issued or payable with respect to or in exchange for a number of common shares equal to the number of common shares theretofore so receivable had the reorganization or reclassification not taken place, and in any such case appropriate provision shall be made with respect to the rights and interests of the holder to the end that the provisions of this Section 3 shall thereafter be applicable, as nearly as may be, in relation to any shares of stock, securities or assets thereafter deliverable upon the exercise of those conversion rights. In the event of a i-merger or consolidation of the Company as a result of which a greater or lesser number of common shares of the surviving corporation are issuable to holders of common shares of the Company outstanding immediately prior to the merger or consolidation, the Purchase Price in effect immediately prior to the merger or consolidation shall be adjusted in the same manner as though there were a subdivision or combination of the Outstanding common-non shares of the Company in accordance with the foregoing provisions, such Holder may be entitled to purchase, and (ii) agree to be bound by all the terms of this WarrantSection 3.2(a).

Reorganization or Reclassification. In case the event of any capital reorganization, or of (i) any reclassification (including, without limitation, a reclassification effected by means of the capital stock of an exchange or tender offer by the Company or any subsidiary) or change of outstanding Common Stock (other than a change in par value value, or from par value to no par value value, or from no par value to par value value, or as a result of a split-up subdivision or combination), (ii) any consolidation, merger or any consolidation or merger combination of the Company with another corporation, or the sale corporation as a result of all or substantially all of the assets of the Company shall be effected in a manner by which the holders of Common Stock shall be entitled to receive securities or other assets (including cash) with respect to or in exchange for Common Stock or (iii) any sale or conveyance of the assets of the Company as, or substantially as, an entirety to any other corporation as a result of which holders of Common Stock shall be entitled to receive securities or other assets (including cash) with respect to or in exchange for Common Stock, then the Company or the successor or purchasing corporation, as the case may be, shall execute and deliver to the Holder upon surrender of this Warrant shall, after such capital reorganization, reclassification of capital stock, merger or sale of assets, entitle a supplemental warrant providing that the Holder hereof shall have the right thereafter (until the expiration of this Warrant) to purchase receive, upon full exercise of this Warrant, the kind and amount of shares of stock and/or other securities and/or property receivable upon such reclassification, consolidation, merger, combination, sale or conveyance by a holder of the number of shares of stock or other securities or property of the Company, or of the corporation resulting from such consolidation to Common Stock for which the Holder hereof would this Warrant might have been entitled if it had held the Common Stock issuable upon the exercise hereof exercised immediately prior to such capital reorganization, reclassification of capital stockreclassification, consolidation, merger merger, combination, sale or saleconveyance. The Company supplemental warrant referred to in the preceding sentence shall not effect any such capital reorganization, reclassification of capital stock, consolidation, merger or sale unless prior provide for adjustments (without regard to the consummation thereof the successor corporation (if other than the Company) resulting therefrom or the corporation purchasing such assets shall, by written instrument executed and mailed to the Holder hereof at the last address of such Holder appearing limitations on the books of the Company, (i) assume the obligation to deliver to such Holder such shares of stock, securities or assets as, in accordance with the foregoing provisions, such Holder may be entitled to purchase, and (ii) agree to be bound by all the terms exercisability of this Warrant) which shall be as nearly equivalent as practicable to the adjustments provided for in this Section 10. The above provision of this Section 10(e) shall similarly apply to successive consolidations or mergers.