Common use of Adjustment of Exchange Ratio Clause in Contracts

Adjustment of Exchange Ratio. In the event that, subsequent to this Agreement but prior to the Effective Time, the shares of Parent Common Stock or Company Common Stock, as the case may be, issued and outstanding shall, through a reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split or other similar change in the capitalization of Parent or the Company, as the case may be, increase or decrease in number or be changed into or exchanged for a different kind or number of securities, then an appropriate and proportionate adjustment shall be made to the Exchange Ratio.

Adjustment of Exchange Ratio. In the event that, If subsequent to the date of this Agreement Agreement, but prior to the Effective Time, the outstanding shares of Parent Common Stock or Company Common Stock, respectively, shall have been changed into a different number of shares or a different class as the case may be, issued and outstanding shall, through a reorganization, recapitalization, reclassification, stock dividend, result of a stock split, reverse stock split split, stock dividend, subdivision, reclassification, combination, exchange, recapitalization, or other similar change in transaction, the capitalization of Parent or the Company, as the case may be, increase or decrease in number or be changed into or exchanged for a different kind or number of securities, then an appropriate and proportionate adjustment Exchange Ratio shall be made appropriately adjusted to provide the Exchange Ratioholders of Company Common Stock and Company Options the same economic effect as contemplated by this Agreement prior to such event.

Adjustment of Exchange Ratio. In the event that, subsequent to the date of this Agreement but prior to the Effective Time, the outstanding shares of Parent Common Stock shall have been changed into a different number of shares or Company Common Stock, a different class as the case may be, issued and outstanding shall, through a reorganization, recapitalization, reclassification, stock dividend, result of a stock split, reverse stock split split, stock dividend, subdivision, reclassification, combination, exchange, recapitalization or other similar change in transaction, the capitalization of Parent or the Company, as the case may be, increase or decrease in number or be changed into or exchanged for a different kind or number of securities, then an appropriate and proportionate adjustment Exchange Ratio shall be made to the Exchange Ratio.appropriately adjusted. ARTICLE 3

Adjustment of Exchange Ratio. In the event that, subsequent to the date of this Agreement Agreement, but prior to the Effective Time, the outstanding shares of the Parent Common Stock or the Company Common Stock, respectively, shall have been changed into a different number or a different class of shares as the case may be, issued and outstanding shall, through a reorganization, recapitalization, reclassification, stock dividend, result of a stock split, reverse stock split split, stock dividend, subdivision, reclassification, split, combination, exchange, recapitalization or other similar change in transaction, the capitalization of Parent or the Company, as the case may be, increase or decrease in number or be changed into or exchanged for a different kind or number of securities, then an appropriate and proportionate adjustment Exchange Ratio shall be made to the Exchange Ratioappropriately adjusted.