Common use of Adjustment of Exercise Price Upon Issuance of Additional Shares of Stock Clause in Contracts

Adjustment of Exercise Price Upon Issuance of Additional Shares of Stock. In the event the Company shall issue Additional Shares of Stock (including Additional Shares of Stock deemed to be issued pursuant to Section 5.4(c)) without consideration or for a consideration per share less than the Exercise Price, then and in such event, such Exercise Price, shall be reduced, concurrently with such issue, to a price (calculated to the nearest cent) determined by multiplying the Exercise Price by a fraction:

Adjustment of Exercise Price Upon Issuance of Additional Shares of Stock. In the event the Company shall issue Additional Shares of Stock (including Additional Shares of Stock deemed to be issued pursuant to Section 5.4(c4.4(c)) without consideration or for a consideration per share less than the Exercise Price, then and in such event, such Exercise Price, shall be reduced, concurrently with such issue, to a price (calculated to the nearest cent) determined by multiplying the Exercise Price by a fraction: