Common use of Adjustment for Changes in Common Stock Clause in Contracts

Adjustment for Changes in Common Stock. In the event of changes in the outstanding Common Stock of the Company by reason of split--ups, recapitalizations, reclassifications, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the Warrant Price shall be correspondingly adjusted by the Board of Directors of the Company. The adjustment shall be such as will give the Holder on exercise for the same aggregate Warrant Price the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment.

Adjustment for Changes in Common Stock. In the event of changes in the outstanding Common Stock of the Company by reason of split---ups, recapitalizations, reclassifications, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the Warrant Price shall be correspondingly adjusted by the Board of Directors of the Company. The adjustment shall be such as will give the Holder on Holder, upon exercise for the same aggregate Warrant Price Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment.

Adjustment for Changes in Common Stock. In the event of changes in the outstanding Common Stock of the Company by reason of split---ups, recapitalizations, reclassifications, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, the number and class of shares available under the Warrant in the aggregate and the Warrant Price shall be correspondingly adjusted by the Board of Directors of the Company. The adjustment shall be such as will give the Holder on exercise for the same aggregate Warrant Price the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment.

Adjustment for Changes in Common Stock. In the event of changes in the outstanding Common Stock of the Company by reason of split---ups, recapitalizations, reclassifications, mergers, consolidations, combinations or exchanges of shares, separations, reorganizations, liquidations, or the like, occurring after the Closing Date of the Unit Offering, the number and class of shares available under the Warrant in the aggregate and the Warrant Price shall be correspondingly adjusted by the Board of Directors of the Company. The adjustment shall be such as will give the Holder holder of the Warrant on exercise for the same aggregate Warrant Price the total number, class, and kind of shares as the Holder he would have owned had the Warrant been exercised prior to the event and had the Holder he continued to hold such shares until after the event requiring adjustment.