Common use of Adjustment for Change in Capital Stock of the Company Clause in Contracts

Adjustment for Change in Capital Stock of the Company. If the Company (i) pays a dividend or makes a distribution on its Common Stock in shares of any class of its capital stock, (ii) subdivides its outstanding shares of Common Stock into a greater number of shares, (iii) combines its outstanding shares of Common Stock into a smaller number of shares, (iv) makes a distribution on its Common Stock in shares of its capital stock other than Common Stock, or (v) issues to holders of its Common Stock by reclassification of its Common Stock any shares of its capital stock, then the Exercise Price and number of shares for which any Warrant may be exercised in effect immediately prior to such action shall be proportionately adjusted so that the Holder of the Warrant thereafter exercised may receive the aggregate number and kind of shares of capital stock of the Company which it would have owned immediately following such action if such Warrant had been exercised immediately prior to such action. Such adjustment shall be made successively whenever any event listed above shall occur, and shall become effective immediately after the record date in the case of a dividend or distribution and immediately after the effective date in the case of a subdivision, combination or reclassification. If after an adjustment made pursuant to the second preceding sentence a Holder of a Warrant upon exercise of such Warrant may receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine in the good faith exercise of its reasonable business judgment the allocation of the adjusted Exercise Price between the classes of capital stock. After such allocation, the exercise privilege and the Exercise Price of each class of capital stock shall thereafter be subject to adjustment on terms comparable to those in this Section 3.

Adjustment for Change in Capital Stock of the Company. If the Company (i) pays a dividend or makes a distribution on subdivides its Common Stock in outstanding shares of any class of its capital stock, (ii) subdivides its outstanding shares of Common Stock into a greater number of shares, (iiiii) combines its outstanding shares of any class of Common Stock stock into a smaller number of shares, (iviii) makes a distribution on any class of its Common Stock in shares of its capital stock Stock other than Common Stock, or (viv) issues to holders of its Common Stock by reclassification of any class of its Common Stock any shares of its capital stockStock, then the Exercise Price and number of shares for which any Warrant may be exercised in effect immediately prior to such action shall be proportionately adjusted so that the Holder of the any Warrant thereafter exercised may receive the aggregate number and kind of shares of capital stock of the Company which it would have owned immediately following such action if such Warrant had been exercised immediately prior to such action. Such adjustment shall be made successively whenever any event listed above shall occur, and shall become effective immediately after the record date in the case of a dividend or distribution and immediately after the effective date in the case of a subdivision, combination or reclassification. If after an adjustment made pursuant to the second preceding sentence a Holder of a Warrant upon exercise of such Warrant may receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine in the good faith exercise of its reasonable business judgment the allocation of the adjusted Exercise Price between the classes of capital stock. After such allocation, the exercise privilege and the Exercise Price of each class of capital stock shall thereafter be subject to adjustment on terms comparable to those in this Section 315.

Adjustment for Change in Capital Stock of the Company. If the Company (i) pays a dividend or makes a distribution on any class of its Common Stock in shares of any class of its capital stockStock, (ii) subdivides its outstanding shares of any class of Common Stock into a greater number of shares, (iii) combines its outstanding shares of any class of Common Stock stock into a smaller number of shares, (iv) makes a distribution on any class of its Common Stock in shares of its capital stock Stock other than Common Stock, or (v) issues to holders of its Common Stock by reclassification of any class of its Common Stock any shares of its capital stockStock, then the Exercise Price and number of shares for which any Warrant may be exercised in effect immediately prior to such action shall be proportionately adjusted so that the Holder of the any Warrant thereafter exercised may receive the aggregate number and kind of shares of capital stock of the Company which it would have owned immediately following such action if such Warrant had been exercised immediately prior to such actionaction and the shares of Class A Common Stock issuable upon exercise of such Warrants had been converted into shares of Voting Common Stock. Such adjustment shall be made successively whenever any event listed above shall occur, and shall become effective immediately after the record date in the case of a dividend or distribution and immediately after the effective date in the case of a subdivision, combination or reclassification. If after an adjustment made pursuant to the second preceding sentence a Holder of a Warrant upon exercise of such Warrant may receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine in the good faith exercise of its reasonable business judgment the allocation of the adjusted Exercise Price between the classes of capital stock. After such allocation, the exercise privilege and the Exercise Price of each class of capital stock shall thereafter be subject to adjustment on terms comparable to those in this Section 315.