Common use of Adjustment for Recapitalization Clause in Contracts

Adjustment for Recapitalization. In the event the Company shall (a) subdivide its outstanding shares of Common Stock, or (b) issue or convert by a reclassification or recapitalization of its shares of Common Stock into, for, or with other securities (a "Recapitalization"), the number of Option Shares purchasable hereunder immediately following such Recapitalization shall be adjusted so that the Holder shall be entitled to receive the kind and number of Option Shares or other securities of the Company measured as a percentage of the total issued and outstanding shares of the Company's Common Stock as of the date hereof, which it would have been entitled to receive immediately preceding such Recapitalization, had such Option been exercised immediately prior to the happening of such event or any record date with respect thereto; provided however that, in the event of any change in the Company's Common Stock by reason of a reverse stock split, neither the number nor the Option Price of the shares subject to this Option shall be changed or be adjusted.

Adjustment for Recapitalization. In the event the Company shall (a) subdivide its outstanding shares of Common Stock, or (b) issue or convert by a reclassification or recapitalization of its shares of Common Stock into, for, or with other securities (a "Recapitalization"), the number of Option Shares purchasable hereunder immediately following such Recapitalization shall be adjusted so that the Holder Optionee shall be entitled to receive the kind and number of Option Shares or other securities of the Company measured as a percentage of the total current issued and outstanding shares of the Company's Common Stock as of the date hereof, which it would have been entitled to receive immediately preceding such Recapitalization, had such Option been exercised immediately prior to the happening of such event or any record date with respect thereto; provided however that, notwithstanding anything in this Option to the event contrary, neither the number of Option Shares nor the Option Price shall be affected or altered in any change in way by reason of a reverse split of the Company's Common Stock by reason of a reverse stock split, neither unless such adjustment is mutually agreed in writing between Optionee and the number nor the Option Price of the shares subject Company prior to this Option shall be changed or be adjustedany adjustment.

Adjustment for Recapitalization. In the event the Company shall (a) subdivide its outstanding shares of Common Stock, or (b) issue or convert by a reclassification or recapitalization of its shares of Common Stock into, for, or with other securities (a "“Recapitalization"”), the number of Option Shares purchasable hereunder immediately following such Recapitalization shall be adjusted so that the Holder Optionee shall be entitled to receive the kind and number of Option Shares or other securities of the Company measured as a percentage of the total current issued and outstanding shares of the Company's ’s Common Stock as of the date hereof, which it would have been entitled to receive immediately preceding such Recapitalization, had such Option been exercised immediately prior to the happening of such event or any record date with respect thereto; provided however that, notwithstanding anything in this Option or the event Consulting Agreement to the contrary, the number of Option Shares shall not be reduced or affected in any change in the Company's Common Stock by reason way as a result of a reverse stock split, neither split either by a reduction of the number nor of Option Shares or an increase in the Option Price of (the shares subject “Repricing”), unless such Repricing is mutually agreed upon in writing between Optionee and the Company prior to this Option shall be changed or be adjustedany adjustment.

Adjustment for Recapitalization. In the event the Company shall (a) subdivide its outstanding shares of Common Stock, or (b) issue or convert by a reclassification or recapitalization of its shares of Common Stock into, for, or with other securities (a "Recapitalization"), the number of Option Shares purchasable hereunder immediately following such Recapitalization shall be adjusted so that the Holder Optionee shall be entitled to receive the kind and number of Option Shares or other securities of the Company measured as a percentage of the total current issued and outstanding shares of the Company's Common Stock as of the date hereof, which it would have been entitled to receive immediately preceding such Recapitalization, had such Option been exercised immediately prior to the happening of such event or any record date with respect thereto; provided however that, notwithstanding anything in this Option or the event Advisory Agreement to the contrary, the number of Option Shares shall not be reduced or affected in any change in the Company's Common Stock by reason way as a result of a reverse stock split, neither split either by a reduction of the number nor of Option Shares or an increase in the Option Price of (the shares subject "Repricing"), unless such Repricing is mutually agreed upon in writing between Optionee and the Company prior to this Option shall be changed or be adjustedany adjustment.

Adjustment for Recapitalization. In the event the Company shall (a) subdivide its outstanding shares of Common Stock, or (b) issue or convert by a reclassification or recapitalization of its shares of Common Stock into, for, or with other securities (a "“Recapitalization"”), the number of Option Shares purchasable hereunder immediately following such Recapitalization shall be adjusted so that the Holder Optionee shall be entitled to receive the kind and number of Option Shares or other securities of the Company measured as a percentage of the total current issued and outstanding shares of the Company's ’s Common Stock as of the date hereof, which it would have been entitled to receive immediately preceding such Recapitalization, had such Option been exercised immediately prior to the happening of such event or any record date with respect thereto; provided however that, notwithstanding anything in this Option or the event Employment Agreement to the contrary, the number of Option Shares shall not be reduced or affected in any change in the Company's Common Stock by reason way as a result of a reverse stock split, neither split either by a reduction of the number nor of Option Shares or an increase in the Option Price of (the shares subject “Repricing”), unless such Repricing is mutually agreed upon in writing between Optionee and the Company prior to this Option shall be changed or be adjustedany adjustment.