Common use of Adjustment for Recapitalization Clause in Contracts

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Shares subject to this Warrant immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Shares subject to this Warrant immediately prior to such combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock by recapitalization(or Other Securities at the time receivable upon the exercise of the Warrant), reclassification or split-up thereof or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholdersshareholders, the number of Warrant Shares shares of Common Stock subject to this Warrant immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereofStock, the number of shares of Warrant Shares Common Stock or Other Securities subject to this Warrant immediately prior to such combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 5.2 shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company Grantor shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company Grantor shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Option Shares then subject to this Warrant Option immediately prior to such subdivision shall be proportionately increased and the Exercise Price exercise price shall be proportionately decreased, and if the Company Grantor shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of option shares of Warrant Shares then subject to this Warrant Option immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 4(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock stock to its stockholders, the number of Warrant Shares subject to this Warrant immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Shares subject to this Warrant immediately prior to such combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company shall declare a stock Common Stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Shares subject to this Warrant immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Shares subject to this Warrant immediately prior to such combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company grantor shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company Grantor shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Option Shares then subject to this Warrant Option immediately prior to such subdivision shall be proportionately increased and the Exercise Price exercise price shall be proportionately decreased, and if the Company Grantor shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of option shares of Warrant Shares then subject to this Warrant Option immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 4(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefortherefore.

Adjustment for Recapitalization. If the Company Grantor shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company Grantor shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Option Shares then subject to this Warrant Option immediately prior to such subdivision shall be proportionately increased and the Exercise Price exercise price shall be proportionately decreased, and if the Company Grantor shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of option shares of Warrant Shares then subject to this Warrant Option immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any ANY such adjustments pursuant to this Section 6.1 4(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock (or other securities at the time receivable upon the exercise of the Warrant) by recapitalization, reclassification or split-up thereof thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholdersshareholders, the number of Warrant Shares shares of Common Stock subject to this Warrant immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreasedincreased, and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Shares Common Stock subject to this Warrant immediately prior to such combination shall be proportionately decreased decreased. Any such adjustment and adjustment to the Exercise Price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Option Shares then subject to this Warrant the Options immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, ; and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Option Shares then subject to this Warrant the Options immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 6(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company Grantor shall at any time subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company Grantor shall declare a stock dividend or distribute shares of Common Stock to its stockholdersshareholders, the number of Warrant Option Shares then subject to this Warrant Option immediately prior to such subdivision shall be proportionately increased and the Exercise Price exercise price shall be proportionately decreased, and if the Company Grantor shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of option shares of Warrant Shares then subject to this Warrant Option immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 4(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.

Adjustment for Recapitalization. If the Company shall at any time subdivide its outstanding oustanding shares of Common Stock by recapitalization, reclassification or split-up thereof thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its stockholders, the number of Warrant Option Shares then subject to this Warrant the Options immediately prior to such subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased, ; and if the Company shall at any time combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Warrant Option Shares then subject to this Warrant the Options immediately prior to such combination shall be proportionately decreased and the Exercise Price exercise price shall be proportionately increased. Any such adjustments pursuant to this Section 6.1 6(a) shall be effective at the close of business on the effective date of such subdivision or combination or if any adjustment is the result of a stock dividend or distribution then the effective date of for such adjustment based thereon shall be the record date therefor.