Common use of Adjustment for Convertible Securities Issue Clause in Contracts

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 and 10.08) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 10) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price per share of Common Stock on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 7(b) and 10.087(c)) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price number of shares of Common Stock issuable upon exercise of each Warrant shall be adjusted in accordance with this formula: O + P - M ----- CN' = C N x O + D O + P/M where:

Adjustment for Convertible Securities Issue. If the Company issues any options, warrants or other securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 and 10.084.3 or 4.4) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price Current Market Value per share on the date of issuance of such securities, the conversion price Warrant Number shall be adjusted in accordance with this formula: O + P - M ----- CW' = C W x O + D ----- O + P --- M where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (a), (b) and 10.08(c) of this Section 8) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price Fair Market Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this the formula: E’ = E x O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (c) and 10.08(d) of this Section 8) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Fair Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: E’ = E x O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 11) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Closing Price per share on the date of issuance of such securities, the conversion price number of shares of Common Stock issuable upon exercise of each Warrant shall be adjusted in accordance with this formula: O + P - N’ = N x O+D O+P x P/M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 11) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Fair Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- CE' = C E x O + D where:M ---------- O + D

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 and 10.08) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price shall be adjusted in accordance with this formula: P O + P - M ----- C' = C x ----- O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 7(b) and 10.087(c)) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price number of shares of Common Stock issuable upon exercise of each Warrant shall be adjusted in accordance with this formula: O + P - M ----- C' N’ = C N x O + D O + P/M where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 5 and other than Excluded Stock) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities of less than the current market price per share Exercise Price on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 4.2 and 10.084.3) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Closing Price per share on the date of issuance of such securities, the conversion price number of shares of Common Stock issuable upon exercise of each Warrant shall be adjusted in accordance with this formula: O + P - M ----- C' N’ = C N x O + D O + P/M where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 8) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Fair Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: E’ = E x O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 11) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Fair Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 5.2 and 10.085.3) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price Current Warrant Price shall be adjusted in accordance with this the formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 subsections (b) and 10.08(c) of this Section 8.02) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Current Market Price per share on the date of issuance of such securities, the conversion price Exercise Rate shall be adjusted in accordance with this the formula: O + P - M ----- CE' = C E x O + D where:N ------------- O + N x P ----- M

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or (x) securities issued in transactions described in Sections 10.07 and 10.08subsections (b) or (c) or (y) the Warrants) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of received for such securities that is less than the current market price Fair Value per share on the date of issuance the Company fixes the offering price of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- C' where: E’ = C x O + D where:the adjusted Exercise Price. E = the then current Exercise Price.

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 5.2 and 10.085.3) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price Current Warrant Price shall be adjusted in accordance with this the formula: P - O + P - M ----- C' W(1) = C W x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 6.2 and 10.086.3) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, securities the conversion price Current Warrant Price shall be adjusted in accordance with this the formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or (x) securities issued in transactions described in Sections 10.07 and 10.08subsections (b) or (c) or (y) the Warrants) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of received for such securities that is less than the current market price Daily Price per share on the date of issuance the Company enters into a definitive binding agreement that fixes the offering price of such securities, the conversion price Exercise Price shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 7(b) and 10.087(c)) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price per share on the date of issuance of such securities, the conversion price number of shares of Common Stock issuable upon exercise of each Class C-1 Warrant shall be adjusted in accordance with this formula: O + P - M ----- CN' = C N x O + D O + P/M where:

Adjustment for Convertible Securities Issue. If the Company issues any securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 Section 17(b) and 10.08(c)) for a consideration per share of Common Stock initially deliverable upon conversion, conversion or exchange or exercise of such securities less than the current market price Fair Value per share on the date of issuance of such securities, the conversion price Exercise Price shall be adjusted in accordance with this the formula: O + P - M ----- C' = C x O + D where:

Adjustment for Convertible Securities Issue. If the Company issues any options, warrants or other securities convertible into or exchangeable or exercisable for Common Stock (other than the Securities or securities issued in transactions described in Sections 10.07 and 10.084.3 or 4.4) for a consideration per share of Common Stock initially deliverable upon conversion, exchange or exercise of such securities less than the current market price Current Market Value per share on the date of issuance of such securities, the conversion price Warrant Number shall be adjusted in accordance with this formula: O + P - M ----- C' = C x O + D where: