Common use of Adjustment for Share Splits and Combinations Clause in Contracts

Adjustment for Share Splits and Combinations. Any adjustment under this Section 16(g) shall become effective at the close of business on the date the subdivision or combination becomes effective and are as follows: (i) If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price then in effect immediately before that subdivision shall be proportionately decreased; provided, however, that if the Company simultaneously effects the same subdivision of the outstanding Series A Preference Share as is undertaken with respect to the Ordinary Shares, then both the Series A Original Issue Price and the Series A Conversion Price shall be proportionately decreased; (ii) Conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the Series A Conversion Price then in effect immediately before the combination shall be proportionately increased; provided, however, that if the Company simultaneously effects the same combination of the outstanding Series A Preference Shares as is undertaken with respect to the Ordinary Shares, then both the Series A Original Issue Price and the Series A Conversion Price shall be proportionately increased; (iii) If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the Series B Conversion Price then in effect immediately before that subdivision shall be proportionately decreased; provided, however, that if the Company simultaneously effects the same subdivision of the outstanding Series B Preference Share as is undertaken with respect to the Ordinary Shares, then both the Series B Original Issue Price and the Series B Conversion Price shall be proportionately decreased; and (iv) Conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the Series B Conversion Price then in effect immediately before the combination shall be proportionately increased; provided, however, that if the Company simultaneously effects the same combination of the outstanding Series B Preference Shares as is undertaken with respect to the Ordinary Shares, then both the Series B Original Issue Price and the Series B Conversion Price shall be proportionately increased.

Adjustment for Share Splits and Combinations. Any adjustment under this Section 16(g16(h) shall become effective at the close of business on the date the subdivision or combination becomes effective and are as follows: (i) If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the Series A Conversion Price then in effect immediately before that subdivision shall be proportionately decreased; : provided, however, that if the Company simultaneously effects the same subdivision of the outstanding Series A Preference Share as is undertaken with respect to the Ordinary Shares, then both the Series A Original Issue issue Price and the Series A Conversion Price shall be proportionately decreased; (ii) Conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the Series A Conversion Price then in effect immediately before the combination shall be proportionately increased; provided, however, that if the Company simultaneously effects the same combination of the outstanding Series A Preference Shares as is undertaken with respect to the Ordinary Shares, then both the Series A Original Issue Price and the Series A Conversion Price shall be proportionately increased; (iii) If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the Series B Conversion Price then in effect immediately before that subdivision shall be proportionately decreased; provided, however, that if the Company simultaneously effects the same subdivision of the outstanding Series B Preference Share as is undertaken with respect to the Ordinary Shares, then both the Series B Original Issue Price and the Series B Conversion Price shall be proportionately decreased; and (iv) Conversely, if the Company at any time or from time to time combines the outstanding Ordinary Shares, the Series B Conversion Price then in effect immediately before the combination shall be proportionately increased; provided, however, that if the Company simultaneously effects the same combination of the outstanding Series B Preference Shares as is undertaken with respect to the Ordinary Shares, then both the Series B Original Issue Price and the Series B Conversion Price shall be proportionately increased. (v) If the Company at any time or from time to time effects a subdivision of the outstanding Ordinary Shares, the Series C Conversion Price then in effect immediately before that subdivision shall be proportionately decreased; provided, however, that if the Company simultaneously effects the same subdivision of the outstanding Series C Preference Share as is undertaken with respect to the Ordinary Shares, then both the Series C Original Issue Price and the Series C Conversion Price shall be proportionately decreased; and