Common use of Adjustment of Notes and Warrants Clause in Contracts

Adjustment of Notes and Warrants. (a) Conversion Price of Notes. The conversion price of the convertible promissory notes (the "Notes") issued to the Investor pursuant to the ----- Investment Agreement by and among the Company and the other investors named therein dated March 10, 2000 (the "Investment Agreement"), as -------------------- specified in Section 2.1 of the Note, is hereby amended so that such conversion price at any time is equal to Fifty Thousand (50,000) multiplied by the lowest price at which the Company sells any shares of its capital stock (other than a sale pursuant to the exercise of an option, right or warrant to subscribe for shares of Common Stock that are outstanding on the date hereof or options granted under the Company's stock option plan) after the first date on which the Investor purchases shares of Series A Preferred (the "Lowest ------

Adjustment of Notes and Warrants. (a) Conversion Price of Notes. The conversion price of the convertible promissory notes (the "Notes") issued to the Investor pursuant to the ----- Investment Agreement by and among the Company and the other investors named therein dated March 10, 2000 (the "Investment Agreement"), as -------------------- specified in Section 2.1 of the Note, is hereby amended so that such conversion price at any time is equal to Fifty Thousand (50,000) multiplied by the lowest price at which the Company sells any shares of its capital stock (other than a sale pursuant to the exercise of an option, right or warrant to subscribe for shares of Common Stock that are outstanding on the date hereof or options granted under the Company's stock option plan) after the first date on which the Investor purchases shares of Series A Preferred (the "Lowest ------Issue Price"). Subject to the foregoing amendment, the foregoing conversion price otherwise remains subject to adjustment as provided in Section 2.4 of the Note.

Adjustment of Notes and Warrants. (a) Conversion Price of Notes. The conversion price of the convertible promissory notes (the "Notes") issued to the Investor pursuant to the ----- Investment Agreement by and among the Company and the other investors named therein dated March 10, 2000 (the "Investment Agreement"), as -------------------- specified in Section 2.1 of the Note, is hereby amended so that such conversion price at any time is equal to Fifty Thousand (50,000) multiplied by the lowest price at which the Company sells any shares of its capital stock (other than a sale pursuant to the exercise of an option, right or warrant to subscribe for shares of Common Stock that are outstanding on the date hereof or options granted under the Company's stock option plan) after the first date on which the Investor purchases shares of Series A Preferred (the "Lowest ------Lowest