Common use of Adjustment of Number of Shares Issuable Pursuant to this Warrant Clause in Contracts

Adjustment of Number of Shares Issuable Pursuant to this Warrant. Upon each adjustment of the Exercise Price as a result of the calculations made in this Section 3.01 or as a result of the occurrence of the Initial Public Offering, this Warrant shall thereafter evidence the right to purchase, at the adjusted Exercise Price, that number of shares of Common Stock (calculated to the nearest one-thousandth) obtained by (i) multiplying the number of shares of Common Stock covered by this Warrant immediately prior to such adjustment by the Exercise Price in effect immediately prior to such adjustment and (ii) dividing the product so obtained by the Exercise Price in effect immediately after such adjustment. Subsequent to any adjustment made to the Exercise Price hereunder, this Warrant shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock determined to be purchasable from time to time hereunder upon exercise of this Warrant, all subject to further adjustment as provided herein. Irrespective of any adjustment or change in the Exercise Price or the number of shares of Common Stock issuable upon the exercise of this Warrant, this Warrant and any Warrants theretofore or thereafter issued in replacement hereof may continue to express the Exercise Price per share of Common Stock and the number of shares of Common Stock that were expressed upon the initial issuance of this Warrant under the Purchase Agreement.

Adjustment of Number of Shares Issuable Pursuant to this Warrant. Upon each adjustment of the Exercise Price as a result of the calculations made in this Section 3.01 or as a result of the occurrence of the Initial Public Offering3.01, this Warrant shall thereafter evidence the right to purchase, at the adjusted Exercise Price, that number of shares of Common Stock (calculated to the nearest one-thousandth) obtained by (i) multiplying the number of shares of Common Stock covered by this Warrant immediately prior to such adjustment by the Exercise Price in effect immediately prior to such adjustment and (ii) dividing the product so obtained by the Exercise Price in effect immediately after such adjustment. Subsequent to any adjustment made to the Exercise Price hereunder, this Warrant shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock determined to be purchasable from time to time hereunder upon exercise of this Warrant, all subject to further adjustment as provided herein. Irrespective of any adjustment or change in the Exercise Price or the number of shares of Common Stock issuable upon the exercise of this Warrant, this Warrant and any Warrants theretofore or thereafter issued in replacement hereof may continue to express the Exercise Price per share of Common Stock and the number of shares of Common Stock that were expressed upon the initial issuance of this Warrant under the Purchase Agreement.

Adjustment of Number of Shares Issuable Pursuant to this Warrant. Upon each adjustment of the Exercise Warrant Price as a result of the calculations made in this Section 3.01 or as a result of the occurrence of the Initial Public Offering2, this Warrant shall thereafter evidence the right to purchase, at the adjusted Exercise Warrant Price, that number of shares of Common Stock (calculated to the nearest one-thousandth) obtained by (i) multiplying the number of shares of Common Stock covered by this Warrant immediately prior to such adjustment by the Exercise Warrant Price in effect immediately prior to such adjustment and (ii) dividing the product so obtained by the Exercise Warrant Price in effect immediately after such adjustment. Subsequent to any adjustment made to the Exercise Warrant Price hereunder, this Warrant shall evidence the right to purchase, at the adjusted Exercise Warrant Price, the number of shares of Common Stock determined to be purchasable from time to time hereunder upon exercise of this Warrant, all subject to further adjustment as provided herein. Irrespective of any adjustment or change in the Exercise Warrant Price or the number of shares of Common Stock issuable upon the exercise of this Warrant, this Warrant and any Warrants theretofore or thereafter issued in replacement hereof may continue to express the Exercise Warrant Price per share of Common Stock and the number of shares of Common Stock that were expressed upon the initial issuance of this Warrant under the Purchase AgreementWarrant.