Common use of Adjustment for Mergers, Consolidations, Etc Clause in Contracts

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, the Convertible Notes will be convertible into the kind and amount of securities, cash and other property which the holder of the Convertible Notes would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Notes immediately prior to the occurrence of such event. (ii) In case of any capital reorganization, reclassification of the stock of the Borrower (other than a change in par value or as a result of a stock dividend, subdivision, split up or combination of shares), this Convertible Note shall be convertible into the kind and number of shares of stock or other securities or property of the Borrower to which the holder of the Convertible Note would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Note immediately prior to the occurrence of such event. The provisions of these foregoing sentence shall similarly apply to successive reorganizations, reclassifications, consolidations, exchanges, leases, transfers or other dispositions or other share exchanges.

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, the Convertible Notes will be convertible into the kind and amount of securities, cash and other property which the holder of the Convertible Notes would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Notes immediately prior to the occurrence of such event. (ii) In case of any capital reorganization, reclassification of the stock of the Borrower (other than a change in par value or as a result of a stock dividend, subdivision, split up or combination of shares), this Convertible Note shall be convertible into the kind and number of shares of stock or other securities or property of the Borrower to which the holder of the Convertible Note would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Note immediately prior to the occurrence of such event. The provisions of these foregoing sentence shall similarly apply to successive reorganizations, reclassifications, consolidations, exchanges, leases, transfers or other dispositions or other share exchanges.. Issuer's Initial____________

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, the Convertible Notes will be convertible into the kind and amount of securities, cash and other property which the holder of the Convertible Notes would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Notes immediately prior to the occurrence of such event.. Issuer's Initial _______ (ii) In case of any capital reorganization, reclassification of the stock of the Borrower (other than a change in par value or as a result of a stock dividend, subdivision, split up or combination of shares), this Convertible Note shall be convertible into the kind and number of shares of stock or other securities or property of the Borrower to which the holder of the Convertible Note would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Note immediately prior to the occurrence of such event. The provisions of these foregoing sentence shall similarly apply to successive reorganizations, reclassifications, consolidations, exchanges, leases, transfers or other dispositions or other share exchanges.

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, the Convertible Notes will be convertible into the kind and amount of securities, cash and other property which the holder of the Convertible Notes would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Notes immediately prior to the occurrence of such event. (ii) In case of any capital reorganization, reclassification of the stock of the Borrower (other than a change in par value or as a result of a stock dividend, subdivision, split up or combination of shares), this Convertible Note shall be convertible into the kind and number of shares of stock or other securities or property of the Borrower to which the holder of the -------------------------------------------------------------------------------- Page 3 Issuer`s Initial _____ Convertible Note would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Note immediately prior to the occurrence of such event. The provisions of these foregoing sentence shall similarly apply to successive reorganizations, reclassifications, consolidations, exchanges, leases, transfers or other dispositions or other share exchanges.

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, the Convertible Notes will be convertible into the kind and amount of securities, cash and other property which the holder of the Convertible Notes would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Notes immediately prior to the occurrence of such event. (ii) In case of any capital reorganization, reclassification of the stock of the Borrower (other than a change in par value or as a result of a stock dividend, subdivision, split up or combination of shares), this Convertible Note shall be convertible into the kind and number of shares of stock or other securities or property of the Borrower to which the holder of the Convertible Note would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Convertible Note immediately prior to the occurrence of such event. The provisions of these foregoing sentence shall similarly apply to successive Issuer's Initial _____ reorganizations, reclassifications, consolidations, exchanges, leases, transfers or other dispositions or other share exchanges.