Common use of Stock Splits, Subdivisions, Reclassifications or Combinations Clause in Contracts

Stock Splits, Subdivisions, Reclassifications or Combinations. If the Company shall (1) declare a dividend or make a distribution on its Common Stock in shares of Common Stock, (2) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (3) combine or reclassify the outstanding Common Stock into a smaller number of shares, the number of shares of Common Stock obtainable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the Holder shall be entitled to receive the number of shares of Common Stock which the Holder would have owned or been entitled to receive after such date had the Warrant been exercised immediately prior to such date. In the event of any adjustment to the total number of shares of Common Stock obtainable upon exercise of the unexercised portion of this Warrant pursuant to this paragraph 3B, the Exercise Price shall be adjusted to be the amount determined by multiplying (i) the Exercise Price by (ii) a fraction, the numerator of which is the number of shares of Common Stock payable upon exercise of this Warrant immediately prior to such adjustment and the denominator of which is the number of shares of Common Stock covered by this Warrant immediately after such adjustment. Successive adjustments to the Exercise Price and to the number of shares of Common Stock obtainable upon exercise of this Warrant shall be made whenever any event specified above shall occur.

Stock Splits, Subdivisions, Reclassifications or Combinations. If the ------------------------------------------------------------- Company shall (1) declare a dividend or make a distribution on its Common Stock in shares of Common Stock, (2) subdivide or reclassify the outstanding shares of Common Stock into a greater number of shares, or (3) combine or reclassify the outstanding Common Stock into a smaller number of shares, the number of shares of Common Stock obtainable Shares issuable upon exercise of this Warrant at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the Holder holder after such date shall be entitled to receive purchase the number of shares of Common Stock Shares which the Holder such holder would have owned or been entitled to receive after such date had the this Warrant been exercised immediately prior to such date. In such event the event Exercise Price in effect at the time of any adjustment the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be adjusted to the total number obtained by dividing (x) the product of (A) the number of Shares issuable upon the exercise of this Warrant before such adjustment and (B) the Exercise Price in effect immediately prior to the issuance giving rise to this adjustment by (y) the new number of shares of Common Stock obtainable issuable upon exercise of the unexercised portion of this Warrant determined pursuant to this paragraph 3B, the Exercise Price shall be adjusted to be the amount determined by multiplying (i) the Exercise Price by (ii) a fraction, the numerator of which is the number of shares of Common Stock payable upon exercise of this Warrant immediately prior to such adjustment and the denominator of which is the number of shares of Common Stock covered by this Warrant immediately after such adjustment. Successive adjustments to the Exercise Price and to the number of shares of Common Stock obtainable upon exercise of this Warrant shall be made whenever any event specified above shall occurpreceding sentence.