Common use of Adjustment for Dividends in Stock or Other Securities or Property Clause in Contracts

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof the holders of the Common Stock of Matritech (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividends) of Matritech by way of dividend, then and in each case, the holder of this Warrant shall, upon the exercise hereof, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividends) of Matritech which such holder would hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b) and (c) of this Section 3.

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof the holders of the Common Stock of Matritech Celtrix (or any shares of other stock or other securities at the time receivable upon the exercise of this Warrantissued and outstanding) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, (i) other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividends) of Matritech Celtrix by way of dividend, (ii) any cash paid or payable (including, without limitation, by way of dividend), except out of earned surplus of Celtrix, or (iii) other or additional stock or other securities or property (including cash) by way of spin-off, split-up, reclassification, recapitalization, combination of shares, or similar corporate rearrangement, then and in each case, the holder of this Warrant shall, upon the exercise hereof, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than including cash in connection with regular or ordinary dividendsthe cases referred to in clauses (ii) and (iii) above) of Matritech Celtrix which such holder would hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b), (c) and (cd) of this Section 3.

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof the holders of the Common Stock of Matritech the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company by way of dividend, then and in each case, the holder of this Warrant shall, upon the exercise hereof, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company which such holder would hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b) and (c) of elsewhere in this Section 32.

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof the holders of the Common Stock of Matritech the Company (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company by way of dividend, then then, and in each case, the holder of this Warrant Holder shall, upon the exercise hereof, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company which such holder Holder would hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b) and (c) of this Section 32.

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof If the holders of the Common Stock of Matritech (or any shares of stock or other securities at the time receivable upon the exercise of this Warrant) shall have receivedreceive, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company by way of a dividend, then then, and in each case, the holder of this Warrant shall, upon the exercise hereof, the Registered Holder hereof shall be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, Warrant Shares set forth at page 1 hereof and without payment of any additional consideration therefor, the amount number of shares of such other or additional stock or the number of such other securities securities, or an amount of property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company which such holder Registered Holder would hold on the date of such exercise had it been the holder of record of such shares of Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid or securities during such period, giving effect to all adjustments called for required to have been made during such period by paragraphs (b) and (c) of this Section 32.2.

Adjustment for Dividends in Stock or Other Securities or Property. In case at any time or from time to time on or after the date hereof the holders of the Common Stock of Matritech Insmed (or any shares of other stock or other securities of Insmed at the time receivable upon the exercise of this Warrantissued and outstanding) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, (i) other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividends) of Matritech Insmed by way of dividend, or (ii) other or additional stock or other securities or property (including cash) by way of spin-off, split-up, reclassification, recapitalization, combination of shares, or similar corporate rearrangement, then and in each case, the holder of this Warrant shall, upon the exercise hereof, be entitled to receive, in addition to the number of shares of Common Stock receivable thereupon, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than including cash in connection with regular or ordinary dividendsthe case referred to in clause (ii) above) of Matritech Insmed which such holder would hold on the date of such exercise had it been the holder of record of such Common Stock on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b), (c) and (cd) of this Section 3.

Adjustment for Dividends in Stock or Other Securities or Property. In case at If, while this Warrant or any time or from time to time on or after the date portion hereof remains outstanding and unexpired, the holders of the Common Stock of Matritech (or any shares of stock or other securities as to which purchase rights under this Warrant exist at the time receivable upon the exercise of this Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholdersshareholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash in connection with regular or ordinary dividendscash) of Matritech the Company by way of dividend, then then, and in each case, the holder of this Warrant shall, upon shall represent the exercise hereof, be entitled right to receiveacquire, in addition to the number of shares of Common Stock the security receivable thereuponupon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities security or property (other than cash in connection with regular or ordinary dividendscash) of Matritech which the Company that such holder would hold on the date of such exercise had it been the holder of record of such Common Stock the security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available by it as aforesaid during such period, giving effect to all adjustments called for during such period by paragraphs (b) and (c) the provisions of this Section 36.