Common use of Stock Dividends, Subdivisions and Combinations Clause in Contracts

Stock Dividends, Subdivisions and Combinations. If the Company, at any time while this Warrant is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions on its Ordinary Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant), (ii) subdivides outstanding Ordinary Shares into a larger number of shares, (iii) combines (including by way of reverse stock split) outstanding Ordinary Shares into a smaller number of shares or (iv) issues by reclassification of Ordinary Shares any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of Ordinary Shares (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of Ordinary Shares outstanding immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re classification. Notwithstanding the foregoing, no adjustments shall be made to the Warrant as a result of the Reverse Split.

Stock Dividends, Subdivisions and Combinations. If In case the Company, Company shall at any time while this Warrant is outstanding: or from time to time after the date hereof (iA) pays take a stock dividend record of the holders of its Common Stock for the purpose of entitling them to receive a dividend, or otherwise makes a distribution or distributions any distribution, on its Ordinary the outstanding shares of Common Stock in Additional Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)Common Stock, (iiB) subdivides subdivide the outstanding Ordinary Shares into a larger number shares of sharesCommon Stock, (iiiC) combines (including by way combine the outstanding shares of reverse stock split) outstanding Ordinary Shares Common Stock into a smaller number of shares or (ivD) issues issue by reclassification of Ordinary Shares the shares of Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be (i) the number of Ordinary Shares (excluding treasury shares, if any) outstanding shares of Common Stock for which this Warrant is exercisable immediately before after the occurrence of any such event and of which the denominator shall be adjusted to equal the number of Ordinary Shares outstanding shares of Common Stock which a record holder of the same number of shares of Common Stock for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Current Warrant Price per share shall be adjusted to equal the quotient of (A) the Current Warrant Price multiplied by the number of shares issuable upon exercise of Common Stock for which this Warrant shall be proportionately adjusted such that is exercisable immediately prior to the aggregate Exercise Price adjustment, divided by (B) the number of shares for which this Warrant shall remain unchangedis exercisable immediately after such adjustment. Any An adjustment made pursuant to this Section 3(a) 4.1 shall become effective (x) in the case of any such dividend or distribution, immediately after the close of business on the record date for the determination of stockholders holders of shares of Common Stock entitled to receive such dividend or distribution and shall become effective immediately after the effective date distribution, or (y) in the case of a such subdivision, combination reclassification or re classification. Notwithstanding combination, at the foregoing, no adjustments shall be made to close of business on the Warrant as a result of the Reverse Splitday upon which such corporate action becomes effective.

Stock Dividends, Subdivisions and Combinations. If the Company, at any time while this Warrant is outstandingoutstanding the Company shall: (i) pays declare a stock dividend or otherwise makes make a distribution or distributions on its Ordinary Shares (which, for avoidance outstanding shares of doubt, shall not include any Ordinary Shares issued by the Company upon exercise Common Stock in shares of this Warrant), (ii) subdivides Common Stock; subdivide its outstanding Ordinary Shares shares of Common Stock into a larger number of shares, (iii) combines (including by way shares of reverse stock split) Common Stock; or combine its outstanding Ordinary Shares shares of Common Stock into a smaller number of shares or (iv) issues by reclassification of Ordinary Shares any shares of capital stock of the CompanyCommon Stock, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of Ordinary Shares (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of Ordinary Shares outstanding immediately after such event, and then: the number of shares issuable of Common Stock acquirable upon exercise of this Warrant immediately after the occurrence of any such event shall be proportionately adjusted such to equal the number of shares of Common Stock which a record holder of the same number of shares of Common Stock that the aggregate Exercise Price of would have been acquirable under this Warrant immediately prior to the record date for such dividend or distribution or the effective date of such subdivision or combination would own or be entitled to receive after such record date or the effective date of such subdivision or combination, as applicable, and the Current Warrant Price shall remain unchangedbe adjusted to equal: the Current Warrant Price in effect at the time of the record date for such dividend or distribution or of the effective date of such subdivision or combination, multiplied by the number of shares of Common Stock into which this Warrant is exercisable immediately prior to the adjustment, divided by the number of shares of Common Stock into which this Warrant is exercisable immediately after such adjustment. Any adjustment made pursuant to clause (i) of this Section 3(a) paragraph shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution distribution, and any adjustment pursuant to clauses (ii) or (iii) of this paragraph shall become effective immediately after the effective date in the case of a subdivision, combination such subdivision or re classification. Notwithstanding the foregoing, no adjustments shall be made to the Warrant as a result of the Reverse Splitcombination.

Stock Dividends, Subdivisions and Combinations. If Except as otherwise provided in Section 6.01(b), if the Company, at any time while this Warrant is outstanding: Company (i) pays a stock dividend or otherwise makes a distribution or distributions on its Ordinary Shares (which, for avoidance Common Stock in shares of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)its Common Stock, (ii) subdivides its outstanding Ordinary Shares shares of Common Stock into a larger greater number of shares, or (iii) combines (including by way its outstanding shares of reverse stock split) outstanding Ordinary Shares Common Stock into a smaller number of shares or shares, then (ivx) issues by reclassification (A) the number of Ordinary Shares any shares of capital stock Common Stock for which a Series A Warrant is exercisable immediately after the occurrence of any such event shall be adjusted to equal the number of shares of Common Stock that a record holder of the Company, then in each case same number of shares of Common Stock for which a Series A Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event and (B) the Series A Exercise Price shall be adjusted to equal (I) the Series A Exercise Price in effect prior to such adjustment multiplied by a fraction of which the numerator shall be the number of Ordinary Shares (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of Ordinary Shares outstanding immediately after such event, and the number of shares issuable upon exercise of this Common Stock for which a Series A Warrant is exercisable prior to the adjustment, divided by (II) the number of shares for which a Series A Warrant is exercisable immediately after such adjustment and (y) (A) the number of shares of Common Stock for which a Series B Warrant is exercisable immediately after the occurrence of any such event shall be proportionately adjusted to equal the number of shares of Common Stock that a record holder of the same number of shares of Common Stock for which a Series B Warrant is exercisable immediately prior to the occurrence of such that event would own or be entitled to receive after the aggregate happening of such event and (B) the Series B Exercise Price shall be adjusted to equal (I) the Series B Exercise Price in effect prior to such adjustment multiplied by the number of this shares of Common Stock for which a Series B Warrant shall remain unchangedis exercisable prior to the adjustment, divided by (II) the number of shares for which a Series B Warrant is exercisable immediately after such adjustment. Any The adjustment made pursuant to under this Section 3(a6.01(a) shall become effective immediately after the record date for in the determination case of stockholders entitled to receive such a dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re classification. Notwithstanding the foregoing, no adjustments shall be made to the Warrant as a result of the Reverse Splitcombination.

Stock Dividends, Subdivisions and Combinations. If the Company, at any time while this Warrant is outstandingCompany shall: (i) pays take a stock record of the holders of its Common Stock for the purpose of entitling them to receive a dividend payable in, or otherwise makes a other distribution or distributions on its Ordinary Shares (whichof, for avoidance shares of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)Common Stock, (ii) subdivides subdivide or reclassify its outstanding Ordinary Shares shares of Common Stock into a larger number of sharesshares of Common Stock, or (iii) combines (including by way combine or reclassify its outstanding shares of reverse stock split) outstanding Ordinary Shares Common Stock into a smaller number of shares of Common Stock or (iv) issues by reclassification of Ordinary Shares any shares of capital otherwise effect a reverse stock of the Companysplit, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be (i) the number of Ordinary Shares (excluding treasury shares, if any) outstanding shares of Common Stock for which this Warrant is exercisable immediately before after the occurrence of any such event and of which the denominator shall be adjusted to equal the number of Ordinary Shares outstanding shares of Common Stock which a record holder of the same number of shares of Common Stock for which this Warrant is exercisable immediately prior to the occurrence of such event, or the record date therefor, whichever is earlier, would own or be entitled to receive after the happening of such event, and (ii) the Exercise Price(s) shall be adjusted to equal (A) the Exercise Price immediately prior to such event multiplied by the number of shares issuable upon exercise of Common Stock for which this Warrant shall be proportionately adjusted such that is exercisable immediately prior to the aggregate Exercise Price adjustment divided by (B) the number of shares for which this Warrant shall remain unchanged. Any adjustment made pursuant to this Section 3(a) shall become effective is exercisable immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re classificationadjustment. Notwithstanding the foregoing, no adjustments shall be made to the Warrant as a result of the Reverse Split.(b)

Stock Dividends, Subdivisions and Combinations. If In case the Company, at any time while this Warrant is outstanding: Company shall hereafter (iA) pays pay a stock dividend in shares of Common Stock or otherwise makes make a distribution or distributions on in shares of Common Stock to all holders of its Ordinary Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)Common Stock, (iiB) subdivides subdivide its outstanding Ordinary Shares shares of Common Stock into a larger greater number of shares or (C) combine its outstanding shares of Common Stock into a smaller number of shares, (iiii) combines (including by way of reverse stock split) outstanding Ordinary Shares into a smaller the number of shares or Warrant Shares purchasable upon exercise of each Warfare immediately prior thereto shall be adjusted so that the Holder of any Warrant Certificate thereafter exercised shall be entitled to receive the number of Warrant Shares which such Holder would have owned immediately following such action had such Warrant been exercised immediately prior thereto, and (ivii) issues by reclassification of Ordinary Shares any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction fraction, the numerator of which the numerator shall be the number of Ordinary Warrant Shares (excluding treasury sharespurchasable upon the exercise of each Warrant immediately prior to such adjustment, if any) outstanding immediately before such event and the denominator of which the denominator shall be the number of Ordinary Warrant Shares outstanding purchasable immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchangedthereafter. Any An adjustment made pursuant to this Section 3(a5. l(a) shall become effective immediately after the record date for date, in the determination case of stockholders entitled to receive such a dividend or distribution distribution, and shall become effective immediately after the effective date date, in the case of a subdivision, combination or re classificationreclassification. Notwithstanding the foregoingIf, no adjustments shall be made to the Warrant as a result of an adjustment made pursuant to this Section 5. 1(a), the Reverse SplitHolder of any Warrant Certificate thereafter exercised shall become entitled to receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine, in its reasonable discretion, the allocation of the adjusted Exercise Price between or among shares of such classes of capital stock.

Stock Dividends, Subdivisions and Combinations. If In case the Company, at any time while this Warrant is outstanding: Company shall hereafter (iA) pays pay a stock dividend in shares of Common Stock or otherwise makes make a distribution in shares of Common Stock or distributions on other shares of its Ordinary Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)capital stock, (iiB) subdivides subdivide its outstanding Ordinary Shares shares of Common Stock into a larger greater number of shares or (C) combine its outstanding shares of Common Stock into a smaller number of shares, (iiii) combines (including by way of reverse stock split) outstanding Ordinary Shares into a smaller the number of shares or Warrant Shares purchasable upon exercise of each Warrant immediately prior thereto shall be adjusted so that the Holder of any Warrant Certificate thereafter exercised shall be entitled to receive the number of Warrant Shares which such Holder would have owned immediately following such action had such Warrant been exercised immediately prior thereto, and (ivii) issues by reclassification of Ordinary Shares any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction fraction, the numerator of which the numerator shall be the number of Ordinary Warrant Shares (excluding treasury sharespurchasable upon the exercise of each Warrant immediately prior to such adjustment, if any) outstanding immediately before such event and the denominator of which the denominator shall be the number of Ordinary Warrant Shares outstanding purchasable immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchangedthereafter. Any An adjustment made pursuant to this Section 3(a5.1 (a) shall become effective immediately after the record date for date, in the determination case of stockholders entitled to receive such a dividend or distribution distribution, and shall become effective immediately after the effective date date, in the case of a subdivision, combination or re classificationreclassification. Notwithstanding the foregoingIf, no adjustments shall be made to the Warrant as a result of an adjustment made pursuant to this Section 5.1(a), the Reverse SplitHolder of any Warrant Certificate thereafter exercised shall become entitled to receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine, in its reasonable discretion, the allocation of the adjusted Exercise Price between or among shares of such classes of capital stock.

Stock Dividends, Subdivisions and Combinations. If In case the Company, Company shall at any time while this Warrant is outstanding: or from time to time after the date hereof (iA) pays take a stock dividend record of the holders of its Common Stock for the purpose of entitling them to receive a dividend, or otherwise makes a distribution or distributions any distribution, on its Ordinary the outstanding shares of Common Stock in Additional Shares (which, for avoidance of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)Common Stock, (iiB) subdivides subdivide the outstanding Ordinary Shares into a larger number shares of sharesCommon Stock, (iiiC) combines (including by way combine the outstanding shares of reverse stock split) outstanding Ordinary Shares Common Stock into a smaller number of shares or (ivD) issues issue by reclassification of Ordinary Shares the shares of Common Stock any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied by a fraction of which the numerator shall be (i) the number of Ordinary Shares (excluding treasury shares, if any) outstanding shares of Common Stock for which this Warrant is exercisable immediately before after the occurrence of any such event and of which the denominator shall be adjusted to equal the number of Ordinary Shares outstanding shares of Common Stock which a record holder of the same number of shares of Common Stock for which this Warrant is exercisable immediately prior to the occurrence of such event would own or be entitled to receive after the happening of such event, and (ii) the Current Warrant Price per share shall be adjusted to equal (A) the Current Warrant Price multiplied by the number of shares issuable upon exercise of Common Stock for which this Warrant shall be proportionately adjusted such that is exercisable immediately prior to the aggregate Exercise Price adjustment divided by (B) the number of shares for which this Warrant shall remain unchangedis exercisable immediately after such adjustment. Any An adjustment made pursuant to this Section 3(a) 4.1 shall become effective (x) in the case of any such dividend or distribution, immediately after the close of business on the record date for the determination of stockholders holders of shares of Common Stock entitled to receive such dividend or distribution and shall become effective immediately after the effective date distribution, or (y) in the case of a such subdivision, combination reclassification or re classification. Notwithstanding combination, at the foregoing, no adjustments shall be made to close of business on the Warrant as a result of the Reverse Splitday upon which such corporate action becomes effective.

Stock Dividends, Subdivisions and Combinations. If In case the Company, at any time while this Warrant is outstanding: Company shall hereafter (iA) pays pay a stock dividend in shares of Common Stock or otherwise makes make a distribution or distributions on its Ordinary Shares (which, for avoidance in shares of doubt, shall not include any Ordinary Shares issued by the Company upon exercise of this Warrant)Common Stock, (iiB) subdivides reclassify by subdivision its outstanding Ordinary Shares shares of Common Stock into a larger greater number of shares or (C) reclassify by combination its outstanding shares of Common Stock into a smaller number of shares, (iiii) combines (including by way of reverse stock split) outstanding Ordinary Shares into a smaller the number of shares or Warrant Shares purchasable upon exercise of each Warrant immediately prior thereto shall be adjusted so that the Holder of any Warrant Certificate thereafter exercised shall be entitled to receive the number of Warrant Shares which such Holder would have owned immediately following such action had such Warrant been exercised immediately prior thereto, and (ivii) issues by reclassification of Ordinary Shares any shares of capital stock of the Company, then in each case the Exercise Price shall be multiplied adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction fraction, the numerator of which the numerator shall be the number of Ordinary Warrant Shares (excluding treasury sharespurchasable upon the exercise of each Warrant immediately prior to such adjustment, if any) outstanding immediately before such event and the denominator of which the denominator shall be the number of Ordinary Warrant Shares outstanding purchasable immediately after such event, and the number of shares issuable upon exercise of this Warrant shall be proportionately adjusted such that the aggregate Exercise Price of this Warrant shall remain unchangedthereafter. Any An adjustment made pursuant to this Section 3(a5.1(a) shall become effective immediately after the record date for date, in the determination case of stockholders entitled to receive such dividend or distribution a dividend, and shall become effective immediately after the effective date date, in the case of a subdivision, combination or re classificationreclassification. Notwithstanding the foregoingIf, no adjustments shall be made to the Warrant as a result of an adjustment made pursuant to this Section 5.1(a), the Reverse SplitHolder of any Warrant Certificate thereafter exercised shall become entitled to receive shares of two or more classes of Capital Stock of the Company, the Board of Directors of the Company shall determine, in its reasonable discretion, the allocation of the adjusted Exercise Price between or among shares of such classes of Capital Stock.