Common use of Adjustment of Conversion Price upon Issuance of Common Stock Clause in Contracts

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding any Excluded Securities) for a consideration per share (the "New Issuance Price") less than a price (the "Applicable Price") equal to the Conversion Price in effect immediately prior to such issuance or sale (a "Dilutive Issuance"), then immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription DateCompany, the Company at any time while this Debenture is outstanding, issues or sells, or in accordance with this Section 2(d)(i5(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of Stock, excluding shares of Common Stock owned deemed to have been issued or held sold by or for the account of the Company, but excluding Company in connection with any Excluded Securities) , for a consideration per share (the "New Issuance Price") less than a price (the "Applicable Price") equal to the Conversion Price in effect immediately prior to such issuance issue or sale (such price the "Applicable Price") (the foregoing a "Dilutive Issuance"), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i5(a), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i2(f) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, Company but excluding any Excluded Securities) for a consideration per share (the "New Securities Issuance Price") less than a price (the "Applicable Price") equal to the Conversion Price in effect immediately prior to such issuance or sale time (a "Dilutive Issuance"), then immediately after such Dilutive Issuanceissue or sale, the Conversion Price then in effect shall be reduced to an amount equal to ninety percent (90%) of the New Securities Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i2(f)(i), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding any Excluded Securities) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issuance or sale (a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Dateprior to September 30, 2015, the Company issues or sells, or in accordance with this Section 2(d)(i6(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of excluding Excluded Securities and shares of Common Stock owned deemed to have been issued or held sold by or for the account of the Company, but excluding Company in connection with any Excluded Securities) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issuance issue or sale (the foregoing a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i6(a), the following shall be applicable:applicable (except to Excluded Securities):

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i) 10.1 is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock deemed to have been issued or sold by the Company in connection with any Excluded Securities) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issue or sale or deemed issuance or sale (the foregoing a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i)10.1, the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If Subject to the Exchange Agreement, if and whenever on or after the Subscription Issuance Date, the Company issues or sells, or in accordance with this Section 2(d)(i7(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock deemed to have been issued or sold by the Company in connection with any Excluded SecuritiesSecurity) for a consideration per share (the "New Issuance PriceNEW ISSUANCE PRICE") less than a price (the "Applicable PriceAPPLICABLE PRICE") equal to the Conversion Price in effect immediately prior to such issuance issue or sale (the foregoing a "Dilutive IssuanceDILUTIVE ISSUANCE"), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i7(a), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i7(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock deemed to have been issued or sold by the Company in connection with any Excluded SecuritiesSecurity) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issuance issue or sale (the foregoing a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i7(a), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription Date, the Company issues or sells, or in accordance with this Section 2(d)(i2(f)(i) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock deemed to have been issued or sold by the Company in connection with any Excluded SecuritiesSecurity) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issuance issue or sale (the foregoing a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i2(f)(i), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or at any time after the Subscription Closing Date, the Company issues or sells, or in accordance with this Section 2(d)(i7(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of shares of Common Stock owned or held by or for the account of the Company, but excluding shares of Common Stock issued or sold or deemed to have been issued or sold by the Company in connection with any Excluded SecuritiesSecurity) for a consideration per share (the "“New Issuance Price"”) less than a price (the "“Applicable Price"”) equal to the Conversion Price in effect immediately prior to such issuance issue or sale (the foregoing, a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i7(a), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription DateCompany, the Company at any time while this Debenture is outstanding, issues or sells, or in accordance with this Section 2(d)(i5(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of Stock, excluding shares of Common Stock owned deemed to have been issued or held sold by or for the account of the Company, but excluding Company in connection with any Excluded Securities) , for a consideration per share (the "“New Issuance Price"”) less than a price (the "Applicable Price") equal to the Conversion Price in effect immediately prior to such issuance issue or sale (such price the “Applicable Price”) (the foregoing a "“Dilutive Issuance"”), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. For purposes of determining the adjusted Conversion Price under this Section 2(d)(i5(a), the following shall be applicable:

Adjustment of Conversion Price upon Issuance of Common Stock. If and whenever on or after the Subscription DateCompany, the Company at any time while this Debenture is outstanding, issues or sells, or in accordance with this Section 2(d)(i5(a) is deemed to have issued or sold, any shares of Common Stock (including the issuance or sale of Stock, excluding shares of Common Stock owned deemed to have been issued or held sold by or for the account of the Company, but excluding Company in connection with any Excluded Securities) , for a consideration per share (the "New Issuance Price") less than a price (the "Applicable Price") equal to the Conversion Price in effect immediately prior to such issuance issue or sale (such price the "Applicable Price") (the foregoing a "Dilutive Issuance"), then immediately after such Dilutive Issuance, Issuance the Conversion Price then in effect shall be reduced to an amount equal to the New Issuance Price. Price For purposes of determining the adjusted Conversion Price under this Section 2(d)(i5(a), the following shall be applicable: